$UTI
UNIVERSAL TECHNICAL INSTITUTE INC Stock $uti

$uti Overview Financials Valuation SEC Filings Company Website

2020 Q3 Form 10-Q Financial Statement

#000126165420000041 Filed on August 07, 2020

Income Statement

Concept	2020 Q3	2020 Q2	2019 Q2
Revenue	$76.33M	$54.48M	$79.04M
YoY Change	-12.93%	-31.07%	5.54%
Cost Of Revenue	$17.10M	$13.50M	$19.90M
YoY Change	-19.34%	-32.16%	-6.13%
Gross Profit	$59.20M	$41.00M	$59.10M
YoY Change	-10.98%	-30.63%	10.06%
Gross Profit Margin	77.56%	75.25%	74.77%
Selling, General & Admin	$52.90M	$35.79M	$36.66M
YoY Change	-12.85%	-2.39%	-12.61%
% of Gross Profit	89.36%	87.28%	62.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.980M	$2.927M	$3.340M
YoY Change	-8.87%	-12.37%	5.03%
% of Gross Profit	5.03%	7.14%	5.65%
Operating Expenses	$53.10M	$68.26M	$79.50M
YoY Change	-12.95%	-14.13%	-8.3%
Operating Profit	$6.153M	-$13.78M	-$455.0K
YoY Change	13.15%	2928.35%	-96.14%
Interest Expense	$200.0K	$2.000K	$802.0K
YoY Change	-150.0%	-99.75%	-300.5%
% of Operating Profit	3.25%
Other Income/Expense, Net	$100.0K	$532.0K	$121.0K
YoY Change	-66.67%	339.67%	-270.42%
Pretax Income	$6.500M	-$13.25M	-$334.0K
YoY Change	20.37%	3866.17%	-97.19%
Income Tax	$100.0K	$21.00K	$31.00K
% Of Pretax Income	1.54%
Net Earnings	$6.450M	-$13.27M	-$365.0K
YoY Change	17.77%	3535.07%	-96.88%
Net Earnings / Revenue	8.45%	-24.35%	-0.46%
Basic Earnings Per Share	$0.10	-$0.45	-$0.07
Diluted Earnings Per Share	$0.09	-$0.45	-$0.07
COMMON SHARES
Basic Shares Outstanding	32.61M shares	32.61M shares	25.50M shares
Diluted Shares Outstanding		32.61M shares	25.50M shares

Balance Sheet

Concept	2020 Q3	2020 Q2	2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$114.9M	$91.50M	$42.70M
YoY Change	75.69%	114.29%	-24.02%
Cash & Equivalents	$76.80M	$59.96M	$42.69M
Short-Term Investments	$38.10M	$31.60M
Other Short-Term Assets	$6.489M	$6.928M	$7.402M
YoY Change	-11.49%	-6.4%	-77.01%
Inventory
Prepaid Expenses	$6.121M	$6.955M	$8.997M
Receivables	$35.41M	$40.36M	$12.03M
Other Receivables	$6.494M	$5.200M	$5.200M
Total Short-Term Assets	$180.2M	$170.2M	$89.80M
YoY Change	52.56%	89.52%	-17.23%
LONG-TERM ASSETS
Property, Plant & Equipment	$217.4M	$206.1M	$106.5M
YoY Change	108.79%	93.54%	-6.37%
Goodwill	$8.200M	$8.200M	$8.222M
YoY Change	0.0%	-0.27%	0.0%
Intangibles
YoY Change
Long-Term Investments	$4.494M	$4.500M	$4.304M
YoY Change	3.6%	4.55%	3.16%
Other Assets	$8.565M	$8.286M	$9.978M
YoY Change	-16.21%	-16.96%	-10.18%
Total Long-Term Assets	$261.8M	$251.4M	$154.3M
YoY Change	71.76%	62.93%	-6.77%
TOTAL ASSETS
Total Short-Term Assets	$180.2M	$170.2M	$89.80M
Total Long-Term Assets	$261.8M	$251.4M	$154.3M
Total Assets	$442.0M	$421.6M	$244.1M
YoY Change	63.38%	72.72%	-10.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$12.47M	$12.31M	$6.982M
YoY Change	24.3%	76.3%	-14.82%
Accrued Expenses	$11.37M	$16.54M	$11.72M
YoY Change	-16.51%	41.06%	1.3%
Deferred Revenue	$40.69M	$32.91M
YoY Change	-5.11%
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$129.0K	$100.0K	$1.500M
YoY Change	-91.94%	-93.33%	15.38%
Total Short-Term Liabilities	$121.6M	$120.8M	$73.99M
YoY Change	25.6%	63.28%	0.99%
LONG-TERM LIABILITIES
Long-Term Debt	$131.0K	$200.0K	$39.60M
YoY Change	-99.67%	-99.49%	-3.65%
Other Long-Term Liabilities	$8.925M	$7.176M	$9.555M
YoY Change	-6.82%	-24.9%	-2.65%
Total Long-Term Liabilities	$9.056M	$7.176M	$9.555M
YoY Change	-5.45%	-24.9%	-2.65%
TOTAL LIABILITIES
Total Short-Term Liabilities	$121.6M	$120.8M	$73.99M
Total Long-Term Liabilities	$9.056M	$7.176M	$9.555M
Total Liabilities	$265.5M	$250.6M	$133.4M
YoY Change	69.91%	87.91%	-1.49%
SHAREHOLDERS EQUITY
Retained Earnings	-$32.97M	-$38.10M	-$48.83M
YoY Change	-26.19%	-21.97%	153.9%
Common Stock	$141.0M	$140.6M	$188.1M
YoY Change	-24.8%	-25.25%	0.92%
Preferred Stock	$68.85M	$68.85M	$68.85M
YoY Change	0.0%	0.0%	0.0%
Treasury Stock (at cost)	$365.0K	$365.0K	$97.39M
YoY Change	-99.63%	-99.63%	0.0%
Treasury Stock Shares	82.00K shares	82.00K shares	6.865M shares
Shareholders Equity	$176.5M	$171.0M	$110.7M
YoY Change
Total Liabilities & Shareholders Equity	$442.0M	$421.6M	$244.1M
YoY Change	63.38%	72.72%	-10.91%

Cashflow Statement

Concept	2020 Q3	2020 Q2	2019 Q2
OPERATING ACTIVITIES
Net Income	$6.450M	-$13.27M	-$365.0K
YoY Change	17.77%	3535.07%	-96.88%
Depreciation, Depletion And Amortization	$2.980M	$2.927M	$3.340M
YoY Change	-8.87%	-12.37%	5.03%
Cash From Operating Activities	$21.15M	-$21.02M	-$9.930M
YoY Change	-26.74%	111.68%	-39.41%
INVESTING ACTIVITIES
Capital Expenditures	-$2.070M	-$2.030M	-$520.0K
YoY Change	80.0%	290.38%	-94.69%
Acquisitions
YoY Change
Other Investing Activities	-$6.500M	$11.39M	$70.00K
YoY Change	-7322.22%	16171.43%	-86.54%
Cash From Investing Activities	-$8.570M	$9.360M	-$450.0K
YoY Change	708.49%	-2180.0%	-95.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$49.50M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-2.820M	-30.00K	-340.0K
YoY Change	-18.97%	-91.18%	21.43%
NET CHANGE
Cash From Operating Activities	21.15M	-21.02M	-9.930M
Cash From Investing Activities	-8.570M	9.360M	-450.0K
Cash From Financing Activities	-2.820M	-30.00K	-340.0K
Net Change In Cash	9.760M	-11.69M	-10.72M
YoY Change	-59.88%	9.05%	-58.67%
FREE CASH FLOW
Cash From Operating Activities	$21.15M	-$21.02M	-$9.930M
Capital Expenditures	-$2.070M	-$2.030M	-$520.0K
Free Cash Flow	$23.22M	-$18.99M	-$9.410M
YoY Change	-22.65%	101.81%	42.79%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Central Index Key EntityCentralIndexKey	0001261654
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	85032
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2020
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Amendment Flag AmendmentFlag	false
CY2019	us-gaap	Accounting Standards Update Extensible List AccountingStandardsUpdateExtensibleList	us-gaap:AccountingStandardsUpdate201602Member
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CY2020Q2	us-gaap	Finance Lease Liability Current Statement Of Financial Position Extensible List FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	us-gaap:OtherLiabilitiesCurrent
CY2020Q2	us-gaap	Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	us-gaap:OtherLiabilitiesNoncurrent
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2020-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	1-31923
	dei	Entity Registrant Name EntityRegistrantName	UNIVERSAL TECHNICAL INSTITUTE, INC
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Address State Or Province EntityAddressStateOrProvince	AZ
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	86-0226984
	dei	Entity Address Address Line1 EntityAddressAddressLine1	4225 East Windrose Drive
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 200
	dei	Entity Address City Or Town EntityAddressCityOrTown	Phoenix
	dei	Local Phone Number LocalPhoneNumber	445-9500
	dei	City Area Code CityAreaCode	623
	dei	Security12b Title Security12bTitle	Common Stock, $0.0001 par value
	dei	Trading Symbol TradingSymbol	UTI
	dei	Security Exchange Name SecurityExchangeName	NYSE
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
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CY2019Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1674000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2383000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-17272000	USD
CY2020Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.45
CY2019Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.07
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.68
CY2020Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.45
CY2019Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.07
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.68
CY2020Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	32607000	shares
CY2019Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25498000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28871000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25410000	shares
CY2020Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32607000	shares
CY2019Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25498000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28871000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25410000	shares
CY2019Q3	us-gaap	Stockholders Equity StockholdersEquity	114288000	USD
CY2019Q4	us-gaap	Net Income Loss NetIncomeLoss	4684000	USD
CY2019Q4	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	0	USD
CY2019Q4	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	497000	USD
CY2019Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	14000	USD
CY2019Q4	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	1323000	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	126273000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	10142000	USD
CY2020Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	30000	USD
CY2020Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	992000	USD
CY2020Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	49137000	USD
CY2020Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	1309000	USD
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	185056000	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	-13268000	USD
CY2020Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	503000	USD
CY2020Q2	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	1309000	USD
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	170982000	USD
CY2018Q3	us-gaap	Stockholders Equity StockholdersEquity	126645000	USD
CY2018Q4	us-gaap	Net Income Loss NetIncomeLoss	-7717000	USD
CY2018Q4	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	0	USD
CY2018Q4	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	118000	USD
CY2019Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	7000	USD
CY2019Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	1295000	USD
CY2019Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	618000	USD
CY2018Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	694000	USD
CY2018Q4	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	1323000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	118181000	USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	-5263000	USD
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	112234000	USD
CY2019Q2	us-gaap	Net Income Loss NetIncomeLoss	-365000	USD
CY2019Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	2000	USD
CY2019Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	169000	USD
CY2019Q2	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	1309000	USD
CY2019Q2	us-gaap	Stockholders Equity StockholdersEquity	110727000	USD
	us-gaap	Net Income Loss NetIncomeLoss	1558000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-13345000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8821000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	9945000	USD
	us-gaap	Amortization Of Leased Asset AmortizationOfLeasedAsset	0	USD
	us-gaap	Amortization Of Leased Asset AmortizationOfLeasedAsset	2012000	USD
	uti	Operating Lease Rightof Use Asset Amortization OperatingLeaseRightofUseAssetAmortization	18163000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1138000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	887000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1509000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1481000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	345000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	298000	USD
	uti	Training Equipment Credits Earned Used TrainingEquipmentCreditsEarnedUsed	503000	USD
	uti	Training Equipment Credits Earned Used TrainingEquipmentCreditsEarnedUsed	440000	USD
	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	-8000	USD
	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	-143000	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	13917000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-3793000	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-9973000	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-10564000	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-3795000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1591000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-571000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-40000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-1270000	USD
	us-gaap	Increase Decrease In Notes Receivables IncreaseDecreaseInNotesReceivables	-1115000	USD
	us-gaap	Increase Decrease In Notes Receivables IncreaseDecreaseInNotesReceivables	-1630000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	12494000	USD
	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	-11070000	USD
	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	198000	USD
	uti	Increase Decrease In Accrued Tool Sets And Other Current Liabilities IncreaseDecreaseInAccruedToolSetsAndOtherCurrentLiabilities	-1030000	USD
	uti	Increase Decrease In Accrued Tool Sets And Other Current Liabilities IncreaseDecreaseInAccruedToolSetsAndOtherCurrentLiabilities	-441000	USD
	uti	Increase Decrease In Deferred Rent IncreaseDecreaseInDeferredRent	0	USD
	uti	Increase Decrease In Deferred Rent IncreaseDecreaseInDeferredRent	-2076000	USD
	uti	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-19264000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-1026000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	139000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-10117000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-7124000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	41562000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	0	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	9761000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	0	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	7190000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	5301000	USD
	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	1566000	USD
	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	0	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	48000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	8000	USD
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	190000	USD
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	200000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-37187000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5093000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	49137000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	2632000	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	2618000	USD
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	68000	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	974000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	527000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	127000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	45910000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-3719000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1394000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-15936000	USD
CY2019Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	65442000	USD
CY2018Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	58104000	USD
CY2019Q3	us-gaap	Restricted Cash RestrictedCash	15113000	USD
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	80555000	USD
CY2018Q3	us-gaap	Restricted Cash RestrictedCash	14055000	USD
CY2018Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	72159000	USD
CY2020Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	59956000	USD
CY2019Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	42689000	USD
CY2020Q2	us-gaap	Restricted Cash RestrictedCash	19205000	USD
CY2019Q2	us-gaap	Restricted Cash RestrictedCash	13534000	USD
CY2020Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	79161000	USD
CY2019Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	56223000	USD
	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	172000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	56000	USD
	us-gaap	Interest Paid Net InterestPaidNet	5000	USD
	us-gaap	Interest Paid Net InterestPaidNet	2424000	USD
	uti	Training Equipment Obtained In Exchange For Services TrainingEquipmentObtainedInExchangeForServices	279000	USD
	uti	Training Equipment Obtained In Exchange For Services TrainingEquipmentObtainedInExchangeForServices	520000	USD
	uti	Depreciation Of Training Equipment Obtained In Exchange For Services DepreciationOfTrainingEquipmentObtainedInExchangeForServices	1011000	USD
	uti	Depreciation Of Training Equipment Obtained In Exchange For Services DepreciationOfTrainingEquipmentObtainedInExchangeForServices	1066000	USD
	uti	Change In Accrued Capital Expenditures ChangeInAccruedCapitalExpenditures	313000	USD
	uti	Change In Accrued Capital Expenditures ChangeInAccruedCapitalExpenditures	1173000	USD
	uti	Amount Received To Offset Costs Cares Act AmountReceivedToOffsetCostsCARESAct	16565000	USD
	uti	Amount Received To Offset Costs Cares Act AmountReceivedToOffsetCostsCARESAct	0	USD
CY2020Q2	uti	Grants Awarded Amount Cares Act GrantsAwardedAmountCARESAct	11012000	USD
CY2019Q2	uti	Grants Awarded Amount Cares Act GrantsAwardedAmountCARESAct	0	USD
CY2020Q2	uti	Receivable Cares Act ReceivableCARESAct	5931000	USD
CY2019Q2	uti	Receivable Cares Act ReceivableCARESAct	0	USD
	us-gaap	Nature Of Operations NatureOfOperations	Nature of the Business<div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">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 12 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. This excludes the Norwood, Massachusetts campus that was closed on July 31, 2020. 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 55 years. </span></div><div><span><br/></span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">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, as amended (“HEA”), as well as from various veterans benefits programs. For further discussion, see Note 2 on “Summary of Significant Accounting Policies - Concentration of Risk” and Note 18 on “Government Regulation and Financial Aid” included in our </span><span style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;"><a href="http://www.sec.gov/Archives/edgar/data/1261654/000126165419000060/a10-k2019.htm" style="background-color:rgb(255,255,255, 0.0);color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration: underline;">2019 Annual Report on Form 10-K</a></span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> filed with the SEC on December 6, 2019.</span></div>
CY2020Q2	uti	Number Of Campuses NumberOfCampuses	12	location
CY2020Q2	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	51597000	USD
CY2019Q3	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	44629000	USD
CY2020Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	32913000	USD
CY2019Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	42886000	USD
CY2020Q2	uti	Number Of Campuses In Person Labs Resumed NumberOfCampusesInPersonLabsResumed	8	campus
CY2020Q2	uti	Number Of Campuses In Person Labs Resumed NumberOfCampusesInPersonLabsResumed	4	campus
CY2020Q2	us-gaap	Postemployment Benefits Liability Noncurrent PostemploymentBenefitsLiabilityNoncurrent	1100000	USD
CY2019Q3	us-gaap	Postemployment Benefits Liability Current And Noncurrent PostemploymentBenefitsLiabilityCurrentAndNoncurrent	753000	USD
	us-gaap	Postemployment Benefits Period Expense PostemploymentBenefitsPeriodExpense	2135000	USD
	us-gaap	Payments For Postemployment Benefits PaymentsForPostemploymentBenefits	1807000	USD
	uti	Post Employment Benefits Other Non Cash Settlement Increase Decrease PostEmploymentBenefitsOtherNonCashSettlementIncreaseDecrease	88000	USD
CY2020Q2	us-gaap	Postemployment Benefits Liability Current And Noncurrent PostemploymentBenefitsLiabilityCurrentAndNoncurrent	1169000	USD
CY2020Q2	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	31578000	USD
CY2020Q2	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Gain HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	24000	USD
CY2020Q2	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	8000	USD
CY2020Q2	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	31594000	USD
CY2020Q2	us-gaap	Finance Lease Right Of Use Asset Before Accumulated Amortization FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	359000	USD
CY2020Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	259188000	USD
CY2019Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	305657000	USD
CY2020Q2	us-gaap	Goodwill Goodwill	8200000	USD
CY2020Q2	uti	Number Of Campuses NumberOfCampuses	12	location
CY2020Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	186596000	USD
CY2019Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	201531000	USD
CY2020Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	72592000	USD
CY2019Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	104126000	USD
	uti	Lessee Operating Lease Number Of Contracts LesseeOperatingLeaseNumberOfContracts	10	location
CY2020Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	7494000	USD
	us-gaap	Operating Lease Cost OperatingLeaseCost	22478000	USD
CY2020Q2	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	32000	USD
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	70000	USD
CY2020Q2	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	2000	USD
	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	5000	USD
CY2020Q2	us-gaap	Variable Lease Cost VariableLeaseCost	1090000	USD
	us-gaap	Variable Lease Cost VariableLeaseCost	3269000	USD
CY2020Q2	us-gaap	Sublease Income SubleaseIncome	145000	USD
	us-gaap	Sublease Income SubleaseIncome	653000	USD
CY2020Q2	us-gaap	Lease Cost LeaseCost	8473000	USD
	us-gaap	Lease Cost LeaseCost	25169000	USD
CY2020Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	133539000	USD
CY2020Q2	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	289000	USD
CY2020Q2	uti	Lease Right Of Use Asset LeaseRightOfUseAsset	133828000	USD
CY2020Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	24930000	USD
CY2020Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	128000	USD
CY2020Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	121944000	USD
CY2020Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	164000	USD
CY2020Q2	uti	Lease Liability LeaseLiability	147166000	USD
CY2020Q2	uti	Finance Lease Right Of Use Asset Accumulated Depreciation FinanceLeaseRightOfUseAssetAccumulatedDepreciation	70000.0	USD
	us-gaap	Operating Lease Payments OperatingLeasePayments	19264000	USD
	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	5000	USD
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	68000	USD
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	3099000	USD
	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	215000	USD
CY2020Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P8Y4M28D
CY2020Q2	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P2Y3M18D
CY2020Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0419
CY2020Q2	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.0308
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	8053000	USD
CY2020Q2	us-gaap	Finance Lease Liability Payments Remainder Of Fiscal Year FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear	34000	USD
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	28141000	USD
CY2020Q2	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	135000	USD
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	26863000	USD
CY2020Q2	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	110000	USD
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	16261000	USD
CY2020Q2	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	23000	USD
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	15137000	USD
CY2020Q2	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	0	USD
CY2020Q2	uti	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	81974000	USD
CY2020Q2	uti	Finance Lease Liability To Be Paid After Year Four FinanceLeaseLiabilityToBePaidAfterYearFour	0	USD
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	176429000	USD
CY2020Q2	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	302000	USD
CY2020Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	29555000	USD
CY2020Q2	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	10000	USD
CY2020Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	146874000	USD
CY2020Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	292000	USD
CY2020Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	24930000	USD
CY2020Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	128000	USD
CY2020Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	121944000	USD
CY2020Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	164000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Remainder Of Fiscal Year Gross OperatingLeasesFutureMinimumPaymentsDueRemainderOfFiscalYearGross	26379000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsRemainderOfFiscalYear	362000	USD
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	26017000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due In Year One Gross OperatingLeasesFutureMinimumPaymentsDueInYearOneGross	23531000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals Due In Year One OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsDueInYearOne	77000	USD
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	23454000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due In Year Two Gross OperatingLeasesFutureMinimumPaymentsDueInYearTwoGross	21621000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals Due In Year Two OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsDueInYearTwo	78000	USD
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	21543000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due In Year Three Gross OperatingLeasesFutureMinimumPaymentsDueInYearThreeGross	10461000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals Due In Year Three OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsDueInYearThree	20000	USD
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	10441000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due In Year Four Gross OperatingLeasesFutureMinimumPaymentsDueInYearFourGross	9180000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals Due In Year Four OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsDueInYearFour	0	USD
CY2019Q3	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	9180000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due After Year Four Gross OperatingLeasesFutureMinimumPaymentsDueAfterYearFourGross	41822000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals Due After Year Four OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsDueAfterYearFour	0	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due After Four Years OperatingLeasesFutureMinimumPaymentsDueAfterFourYears	41822000	USD
CY2019Q3	uti	Operating Leases Future Minimum Payments Due Gross Total OperatingLeasesFutureMinimumPaymentsDueGrossTotal	132994000	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 OperatingLeasesFutureMinimumPaymentsDue	132457000	USD
CY2020Q2	uti	Operating Leases Rent Expense Paid To Related Parties OperatingLeasesRentExpensePaidToRelatedParties	500000	USD
CY2019Q2	uti	Operating Leases Rent Expense Paid To Related Parties OperatingLeasesRentExpensePaidToRelatedParties	500000	USD
	uti	Operating Leases Rent Expense Paid To Related Parties OperatingLeasesRentExpensePaidToRelatedParties	1500000	USD
	uti	Operating Leases Rent Expense Paid To Related Parties OperatingLeasesRentExpensePaidToRelatedParties	1500000	USD
	uti	Minimum Annual Rent Increase MinimumAnnualRentIncrease	0.04
CY2020Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	12309000	USD
CY2019Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	10033000	USD
CY2020Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	27786000	USD
CY2019Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	22230000	USD
CY2020Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	16535000	USD
CY2019Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	13615000	USD
CY2020Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	56630000	USD
CY2019Q3	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	45878000	USD
CY2020Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	21000	USD
CY2020Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.002
CY2019Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	31000	USD
CY2019Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.093
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-10700000	USD
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	1.170
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	300000	USD
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.019
CY2020Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	19100000	USD
CY2019Q3	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	25700000	USD
CY2019Q3	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	20300000	USD
CY2018Q3	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	13000000.0	USD
CY2019Q4	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	11300000	USD
CY2020Q2	uti	Common Stock Shareholder Number Of Votes CommonStockShareholderNumberOfVotes	1	vote
CY2020Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	2600000	USD
CY2011Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	25000000.0	USD
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	1677570	shares
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	9.09
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	15300000	USD
CY2019Q2	us-gaap	Net Income Loss NetIncomeLoss	-365000	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	-13268000	USD
	us-gaap	Net Income Loss NetIncomeLoss	1558000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-13345000	USD
CY2020Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	1309000	USD
CY2019Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	1309000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	3941000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	3927000	USD
CY2020Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-14577000	USD
CY2019Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1674000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2383000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-17272000	USD
CY2020Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	0	USD
CY2019Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	0	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	0	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	0	USD
CY2020Q2	uti	Net Income Loss Availableto Common Stockholders Basic Net NetIncomeLossAvailabletoCommonStockholdersBasicNet	-14577000	USD
CY2019Q2	uti	Net Income Loss Availableto Common Stockholders Basic Net NetIncomeLossAvailabletoCommonStockholdersBasicNet	-1674000	USD
	uti	Net Income Loss Availableto Common Stockholders Basic Net NetIncomeLossAvailabletoCommonStockholdersBasicNet	-2383000	USD
	uti	Net Income Loss Availableto Common Stockholders Basic Net NetIncomeLossAvailabletoCommonStockholdersBasicNet	-17272000	USD
CY2020Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	32607000	shares
CY2019Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25498000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28871000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25410000	shares
CY2020Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.45
CY2019Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.07
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.68
CY2020Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-14577000	USD
CY2019Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1674000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2383000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-17272000	USD
CY2020Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	32607000	shares
CY2019Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25498000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28871000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25410000	shares
CY2020Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2019Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2020Q2	us-gaap	Incremental Common Shares Attributable To Conversion Of Preferred Stock IncrementalCommonSharesAttributableToConversionOfPreferredStock	0	shares
CY2019Q2	us-gaap	Incremental Common Shares Attributable To Conversion Of Preferred Stock IncrementalCommonSharesAttributableToConversionOfPreferredStock	0	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Preferred Stock IncrementalCommonSharesAttributableToConversionOfPreferredStock	0	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Preferred Stock IncrementalCommonSharesAttributableToConversionOfPreferredStock	0	shares
CY2020Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	32607000	shares
CY2019Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25498000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28871000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25410000	shares
CY2020Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.45
CY2019Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.07
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.68
CY2020Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	21302000	shares
CY2019Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	21294000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	21318000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	21408000	shares
CY2020Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	54483000	USD
CY2020Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-13779000	USD
CY2020Q2	uti	Total Depreciationand Amortization TotalDepreciationandAmortization	2927000	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	-13268000	USD
CY2019Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	79042000	USD
CY2019Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-455000	USD
CY2019Q2	uti	Total Depreciationand Amortization TotalDepreciationandAmortization	4002000	USD
	uti	Total Depreciationand Amortization TotalDepreciationandAmortization	11957000	USD
CY2019Q2	us-gaap	Net Income Loss NetIncomeLoss	-365000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	224434000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-10024000	USD
	uti	Total Depreciationand Amortization TotalDepreciationandAmortization	8821000	USD
	us-gaap	Net Income Loss NetIncomeLoss	1558000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	243838000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-13240000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-13345000	USD
CY2020Q2	us-gaap	Assets Assets	421583000	USD
CY2019Q3	us-gaap	Assets Assets	270526000	USD
CY2020Q2	uti	Depreciation Of Training Equipment Obtained In Exchange For Services DepreciationOfTrainingEquipmentObtainedInExchangeForServices	300000	USD
	uti	Depreciation Of Training Equipment Obtained In Exchange For Services DepreciationOfTrainingEquipmentObtainedInExchangeForServices	1000000.0	USD
CY2019Q2	uti	Depreciation Of Training Equipment Obtained In Exchange For Services DepreciationOfTrainingEquipmentObtainedInExchangeForServices	400000	USD
	uti	Depreciation Of Training Equipment Obtained In Exchange For Services DepreciationOfTrainingEquipmentObtainedInExchangeForServices	1100000	USD
	uti	Financing Obligation Deprecation And Amortization FinancingObligationDeprecationAndAmortization	2000000.0	USD
CY2020Q2	uti	Relief Funds To Be Distributed Cares Act ReliefFundsToBeDistributedCARESAct	12500000000	USD
CY2020Q2	uti	Amount Granted Cares Act AmountGrantedCARESAct	33000000.0	USD
CY2020Q2	uti	Proceeds Received Cares Act ProceedsReceivedCARESAct	16500000	USD
CY2020Q2	uti	Grants Awarded Amount Cares Act GrantsAwardedAmountCARESAct	11000000.0	USD
CY2020Q2	uti	Number Of Students Awarded Grants Cares Act NumberOfStudentsAwardedGrantsCARESAct	6900	student
CY2020Q2	uti	Restricted Cash Cares Act RestrictedCashCARESAct	5500000	USD
CY2020Q2	uti	Amount Received To Offset Costs Cares Act AmountReceivedToOffsetCostsCARESAct	16500000	USD
CY2020Q2	us-gaap	Grants Receivable GrantsReceivable	16500000	USD
CY2020Q2	uti	Number Of Campuses In Person Labs Resumed NumberOfCampusesInPersonLabsResumed	8	campus
CY2020Q2	uti	Number Of Campuses In Person Labs Resumed NumberOfCampusesInPersonLabsResumed	4	campus
	uti	Sanitization Supplies Partitions Labor Hours And Other Related Expenses SanitizationSuppliesPartitionsLaborHoursAndOtherRelatedExpenses	5900000	USD
CY2020Q2	uti	Receivable Cares Act ReceivableCARESAct	5900000	USD
CY2020Q2	uti	Sanitization Supplies Partitions Labor Hours And Other Related Expenses SanitizationSuppliesPartitionsLaborHoursAndOtherRelatedExpenses	5900000	USD
CY2020Q2	uti	Sanitization Supplies Partitions Labor Hours And Other Related Expenses SanitizationSuppliesPartitionsLaborHoursAndOtherRelatedExpenses	5900000	USD

Files In Submission

Name	View Source	Status
0001261654-20-000041-index-headers.html	Edgar Link	pending
0001261654-20-000041-index.html	Edgar Link	pending
0001261654-20-000041.txt	Edgar Link	pending
0001261654-20-000041-xbrl.zip	Edgar Link	pending
exhibit311-q32020.htm	Edgar Link	pending
exhibit312-q32020.htm	Edgar Link	pending
exhibit321-q32020.htm	Edgar Link	pending
exhibit322-q32020.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
uti-20200630.htm	Edgar Link	pending
uti-20200630.xsd	Edgar Link	pending
uti-20200630_cal.xml	Edgar Link	unprocessable
uti-20200630_def.xml	Edgar Link	unprocessable
uti-20200630_htm.xml	Edgar Link	completed
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$UTI
UNIVERSAL TECHNICAL INSTITUTE INC Stock $uti

2020 Q3 Form 10-Q Financial Statement

#000126165420000041 Filed on August 07, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$UTI UNIVERSAL TECHNICAL INSTITUTE INC Stock $uti

2020 Q3 Form 10-Q Financial Statement

#000126165420000041 Filed on August 07, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$UTI
UNIVERSAL TECHNICAL INSTITUTE INC Stock $uti