2022 Q4 Form 10-K Financial Statement

#000126165422000105 Filed on December 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2022
Revenue $120.0M $110.6M $418.8M
YoY Change 14.21% 13.5% 24.97%
Cost Of Revenue $27.34M $27.86M $98.88M
YoY Change 18.46% 25.5% 27.45%
Gross Profit $92.66M $82.78M $319.9M
YoY Change 13.01% 9.96% 24.23%
Gross Profit Margin 77.22% 74.82% 76.39%
Selling, General & Admin $54.15M $76.20M $189.2M
YoY Change 24.2% 22.37% 23.38%
% of Gross Profit 58.44% 92.05% 59.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.248M $4.760M $16.80M
YoY Change 42.65% 33.82% 19.77%
% of Gross Profit 5.66% 5.75% 5.25%
Operating Expenses $115.6M $76.52M $396.4M
YoY Change 26.29% 22.42% 23.82%
Operating Profit $4.448M $6.265M $22.37M
YoY Change -67.24% -50.98% 49.69%
Interest Expense $1.423M -$332.0K $2.002M
YoY Change 510.73% 49.55% 448.49%
% of Operating Profit 31.99% -5.3% 8.95%
Other Income/Expense, Net -$275.0K -$102.0K -$1.933M
YoY Change 166.99% -1120.0% -919.07%
Pretax Income $4.173M $3.031M $20.44M
YoY Change -69.03% -75.89% 34.63%
Income Tax $1.500M $202.0K -$5.407M
% Of Pretax Income 35.95% 6.66% -26.45%
Net Earnings $2.648M $2.829M $25.85M
YoY Change -82.13% -76.51% 77.27%
Net Earnings / Revenue 2.21% 2.56% 6.17%
Basic Earnings Per Share $0.03 $0.39
Diluted Earnings Per Share $0.02 $82.43K $0.38
COMMON SHARES
Basic Shares Outstanding 33.77M shares 33.77M shares 33.22M shares
Diluted Shares Outstanding 34.41M shares 33.74M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $162.2M $95.37M $95.37M
YoY Change 63.02% -28.68% -28.68%
Cash & Equivalents $162.2M $66.50M $66.45M
Short-Term Investments $0.00 $28.92M $28.92M
Other Short-Term Assets $8.871M $8.809M $18.49M
YoY Change 6.56% 9.18% -31.47%
Inventory
Prepaid Expenses $11.42M $6.139M
Receivables $22.25M $16.45M $13.30M
Other Receivables $5.727M $3.153M $8.794M
Total Short-Term Assets $215.0M $136.0M $136.0M
YoY Change 46.01% -25.87% -25.87%
LONG-TERM ASSETS
Property, Plant & Equipment $440.8M $346.3M $346.3M
YoY Change 41.99% 23.19% 23.19%
Goodwill $26.99M $16.90M
YoY Change 49.96% 105.55%
Intangibles $18.90M $14.22M
YoY Change 15.91% 11363.71%
Long-Term Investments $0.00 $0.00
YoY Change -100.0% -100.0%
Other Assets $9.496M $5.958M $9.323M
YoY Change 1.36% -34.67% 101.93%
Total Long-Term Assets $533.0M $417.0M $417.0M
YoY Change 38.0% 26.67% 26.67%
TOTAL ASSETS
Total Short-Term Assets $215.0M $136.0M $136.0M
Total Long-Term Assets $533.0M $417.0M $417.0M
Total Assets $748.1M $552.9M $552.9M
YoY Change 40.21% 7.87% 7.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.04M $21.75M $21.75M
YoY Change 12.1% 58.71% 58.71%
Accrued Expenses $19.13M $13.33M $57.89M
YoY Change 47.45% 19.12% -0.29%
Deferred Revenue $75.33M $54.22M
YoY Change 48.25% -5.94%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.945M $1.115M $1.115M
YoY Change 120.02% 27.28% 27.28%
Total Short-Term Liabilities $169.2M $137.7M $137.7M
YoY Change 37.35% 3.77% 3.77%
LONG-TERM LIABILITIES
Long-Term Debt $161.0M $66.42M $66.42M
YoY Change 443.36% 122.52% 122.52%
Other Long-Term Liabilities $4.816M $4.067M $133.4M
YoY Change 0.04% -46.27% -17.06%
Total Long-Term Liabilities $165.8M $70.49M $199.8M
YoY Change 381.41% 88.38% 4.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $169.2M $137.7M $137.7M
Total Long-Term Liabilities $165.8M $70.49M $199.8M
Total Liabilities $530.8M $337.5M $337.5M
YoY Change 60.39% 4.16% 4.16%
SHAREHOLDERS EQUITY
Retained Earnings $64.00K -$1.307M
YoY Change -100.75% -94.06%
Common Stock $149.0M $148.4M
YoY Change 4.41% 4.26%
Preferred Stock $66.48M $66.48M
YoY Change -3.45% -3.45%
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $217.3M $215.4M $215.4M
YoY Change
Total Liabilities & Shareholders Equity $748.1M $552.9M $552.9M
YoY Change 40.21% 7.87% 7.87%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2022
OPERATING ACTIVITIES
Net Income $2.648M $2.829M $25.85M
YoY Change -82.13% -76.51% 77.27%
Depreciation, Depletion And Amortization $5.248M $4.760M $16.80M
YoY Change 42.65% 33.82% 19.77%
Cash From Operating Activities $2.812M $38.13M $46.03M
YoY Change 14.5% -5.64% -16.59%
INVESTING ACTIVITIES
Capital Expenditures $6.782M -$9.842M $79.46M
YoY Change -37.16% 34.07% 29.02%
Acquisitions $16.97M $26.51M
YoY Change -35.07%
Other Investing Activities $12.03M -$28.82M -$55.14M
YoY Change -146.14% -2976.35% -242.72%
Cash From Investing Activities $5.245M -$38.66M -$134.6M
YoY Change -114.23% 509.92% 486.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $88.72M -2.806M $12.59M
YoY Change -17260.15% -2.09% -49.3%
NET CHANGE
Cash From Operating Activities $2.812M 38.13M $46.03M
Cash From Investing Activities $5.245M -38.66M -$134.6M
Cash From Financing Activities $88.72M -2.806M $12.59M
Net Change In Cash $96.78M -3.344M -$75.98M
YoY Change -377.13% -110.72% -233.16%
FREE CASH FLOW
Cash From Operating Activities $2.812M $38.13M $46.03M
Capital Expenditures $6.782M -$9.842M $79.46M
Free Cash Flow -$3.970M $47.97M -$33.43M
YoY Change -52.38% 0.47% 422.2%

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5250000 usd
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5264000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20689000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9331000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2744000 usd
CY2022 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
7847000 usd
CY2021 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3647000 usd
CY2020 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1135000 usd
CY2022 uti Net Income Loss Availableto Common Stockholders Basic Net
NetIncomeLossAvailabletoCommonStockholdersBasicNet
12842000 usd
CY2021 uti Net Income Loss Availableto Common Stockholders Basic Net
NetIncomeLossAvailabletoCommonStockholdersBasicNet
5684000 usd
CY2020 uti Net Income Loss Availableto Common Stockholders Basic Net
NetIncomeLossAvailabletoCommonStockholdersBasicNet
1609000 usd
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33218000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32766000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29812000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33743000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33123000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30113000 shares
CY2022 us-gaap Net Income Loss
NetIncomeLoss
25848000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
14581000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
8008000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
2492000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-279000 usd
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
0 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
28340000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14302000 usd
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8008000 usd
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
114288000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
8008000 usd
CY2020 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
698000 usd
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2077000 usd
CY2020 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
49153000 usd
CY2020 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
5264000 usd
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
176522000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
14581000 usd
CY2021 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
421000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1733000 usd
CY2021 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
5250000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-279000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
188530000 usd
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Net Income Loss
NetIncomeLoss
25848000 usd
CY2022 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
651000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4337000 usd
CY2022 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 usd
CY2022 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
5159000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
2492000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
215397000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
25848000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
14581000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
8008000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
16884000 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
14027000 usd
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
11804000 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
15893000 usd
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
15605000 usd
CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
24273000 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
2000000 usd
CY2021 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2510000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1718000 usd
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1767000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
4337000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
1733000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
2077000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6014000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
345000 usd
CY2022 uti Training Equipment Credits Earned Used
TrainingEquipmentCreditsEarnedUsed
180000 usd
CY2021 uti Training Equipment Credits Earned Used
TrainingEquipmentCreditsEarnedUsed
364000 usd
CY2020 uti Training Equipment Credits Earned Used
TrainingEquipmentCreditsEarnedUsed
541000 usd
CY2022 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2492000 usd
CY2021 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
279000 usd
CY2020 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 usd
CY2022 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-663000 usd
CY2021 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
13000 usd
CY2020 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
52000 usd
CY2022 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-564000 usd
CY2021 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-8483000 usd
CY2020 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
13749000 usd
CY2022 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
-252000 usd
CY2021 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
1687000 usd
CY2020 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
-2286000 usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1737000 usd
CY2021 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
4391000 usd
CY2020 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1016000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1673000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
768000 usd
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
76000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5652000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1790000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7020000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-5268000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
16954000 usd
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2192000 usd
CY2022 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
0 usd
CY2021 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
7145000 usd
CY2020 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-6989000 usd
CY2022 uti Increase Decrease In Accrued Tool Sets And Other Current Liabilities
IncreaseDecreaseInAccruedToolSetsAndOtherCurrentLiabilities
1685000 usd
CY2021 uti Increase Decrease In Accrued Tool Sets And Other Current Liabilities
IncreaseDecreaseInAccruedToolSetsAndOtherCurrentLiabilities
2025000 usd
CY2020 uti Increase Decrease In Accrued Tool Sets And Other Current Liabilities
IncreaseDecreaseInAccruedToolSetsAndOtherCurrentLiabilities
1863000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-13952000 usd
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-20469000 usd
CY2020 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-25617000 usd
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-4285000 usd
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1633000 usd
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
739000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
46031000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
55185000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
11032000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
79457000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
61586000 usd
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9262000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
280000 usd
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
64000 usd
CY2022 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
28821000 usd
CY2021 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
0 usd
CY2020 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
69678000 usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
0 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
37651000 usd
CY2020 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
31289000 usd
CY2022 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
0 usd
CY2021 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
427000 usd
CY2020 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
1566000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
26514000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
188000 usd
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
277000 usd
CY2020 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
261000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-134597000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22951000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-45760000 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
38000000 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
31150000 usd
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
378000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
272000 usd
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
49153000 usd
CY2022 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
5159000 usd
CY2021 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
5250000 usd
CY2020 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
5264000 usd
CY2022 uti Principal Payments On Long Term Debt And Finance Lease Liability
PrincipalPaymentsOnLongTermDebtAndFinanceLeaseLiability
19227000 usd
CY2021 uti Principal Payments On Long Term Debt And Finance Lease Liability
PrincipalPaymentsOnLongTermDebtAndFinanceLeaseLiability
383000 usd
CY2020 uti Principal Payments On Long Term Debt And Finance Lease Liability
PrincipalPaymentsOnLongTermDebtAndFinanceLeaseLiability
99000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
651000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
421000 usd
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
698000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
12585000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
24824000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
43092000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-75981000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
57058000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8364000 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
133721000 usd
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
76803000 usd
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
65442000 usd
CY2021Q3 us-gaap Restricted Cash
RestrictedCash
12256000 usd
CY2020Q3 us-gaap Restricted Cash
RestrictedCash
12116000 usd
CY2019Q3 us-gaap Restricted Cash
RestrictedCash
15113000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
145977000 usd
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
88919000 usd
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
80555000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
66452000 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
133721000 usd
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
76803000 usd
CY2022Q3 us-gaap Restricted Cash
RestrictedCash
3544000 usd
CY2021Q3 us-gaap Restricted Cash
RestrictedCash
12256000 usd
CY2020Q3 us-gaap Restricted Cash
RestrictedCash
12116000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
69996000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
145977000 usd
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
88919000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
859000 usd
CY2021 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
6712000 usd
CY2020 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
113000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
1937000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
349000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
7000 usd
CY2022 uti Training Equipment Obtained In Exchange For Services
TrainingEquipmentObtainedInExchangeForServices
1454000 usd
CY2021 uti Training Equipment Obtained In Exchange For Services
TrainingEquipmentObtainedInExchangeForServices
679000 usd
CY2020 uti Training Equipment Obtained In Exchange For Services
TrainingEquipmentObtainedInExchangeForServices
985000 usd
CY2022 uti Depreciation Of Training Equipment Obtained In Exchange For Services
DepreciationOfTrainingEquipmentObtainedInExchangeForServices
918000 usd
CY2021 uti Depreciation Of Training Equipment Obtained In Exchange For Services
DepreciationOfTrainingEquipmentObtainedInExchangeForServices
1174000 usd
CY2020 uti Depreciation Of Training Equipment Obtained In Exchange For Services
DepreciationOfTrainingEquipmentObtainedInExchangeForServices
1345000 usd
CY2022 uti Change In Accrued Capital Expenditures
ChangeInAccruedCapitalExpenditures
-2592000 usd
CY2021 uti Change In Accrued Capital Expenditures
ChangeInAccruedCapitalExpenditures
-1203000 usd
CY2020 uti Change In Accrued Capital Expenditures
ChangeInAccruedCapitalExpenditures
-490000 usd
CY2022 uti Amount Received To Offset Costs Cares Act
AmountReceivedToOffsetCostsCARESAct
6689000 usd
CY2021 uti Amount Received To Offset Costs Cares Act
AmountReceivedToOffsetCostsCARESAct
20039000 usd
CY2020 uti Amount Received To Offset Costs Cares Act
AmountReceivedToOffsetCostsCARESAct
16565000 usd
CY2022 uti Grants Awarded Amount Cares Act
GrantsAwardedAmountCARESAct
6919000 usd
CY2021 uti Grants Awarded Amount Cares Act
GrantsAwardedAmountCARESAct
19745000 usd
CY2020 uti Grants Awarded Amount Cares Act
GrantsAwardedAmountCARESAct
17184000 usd
CY2022Q3 uti Institutional Funds Cares Act
InstitutionalFundsCARESAct
0 usd
CY2021Q3 uti Institutional Funds Cares Act
InstitutionalFundsCARESAct
2677000 usd
CY2020Q3 uti Institutional Funds Cares Act
InstitutionalFundsCARESAct
13889000 usd
CY2022Q3 uti Receivable Net Institutional Funds Cares Act
ReceivableNetInstitutionalFundsCARESAct
0 usd
CY2021Q3 uti Receivable Net Institutional Funds Cares Act
ReceivableNetInstitutionalFundsCARESAct
0 usd
CY2020Q3 uti Receivable Net Institutional Funds Cares Act
ReceivableNetInstitutionalFundsCARESAct
1797000 usd
CY2022 us-gaap Nature Of Operations
NatureOfOperations
Business Description<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Founded in 1965, with approximately 250,000 graduates in its history, Universal Technical Institute, Inc. (“we,” “us” or “our”) is a leading provider of transportation and technical training programs. As of September 30, 2022, we offered certificate, diploma or degree programs at 16 campuses across the United States under the banner of several well-known brands, including Universal Technical Institute (“UTI”), Motorcycle Mechanics Institute and Marine Mechanics Institute (collectively, “MMI”), NASCAR Technical Institute (“NASCAR Tech”), and MIAT College of Technology (“MIAT”). Additionally, we 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 offer the majority of our programs in a blended learning model that combines instructor-facilitated online teaching and demonstrations with hands-on labs. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We work closely with over 35 original equipment manufacturers and industry brand partners 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 24 on “Government Regulation and Financial Aid.”</span></div>
CY2022Q3 uti Number Of Graduated Technicians
NumberOfGraduatedTechnicians
250000 technician
CY2022Q3 uti Number Of Campuses
NumberOfCampuses
16 campus
CY2022Q3 uti Number Of Manufacturer Brand Partners And Employers
NumberOfManufacturerBrandPartnersAndEmployers
35 plan
CY2021 us-gaap Advertising Expense
AdvertisingExpense
38700000 usd
CY2020 us-gaap Advertising Expense
AdvertisingExpense
39700000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in accordance with accounting principles generally accepted in the United States requires management to make certain estimates and assumptions. Such estimates and assumptions affect the reported amounts of assets, liabilities, revenues and expenses and related disclosures of contingent assets and liabilities. On an ongoing basis, we evaluate our estimates and assumptions, including those related to revenue recognition, the proprietary loan program, allowance for uncollectible accounts, investments, property and equipment, goodwill recoverability, self-insurance claim liabilities, income taxes, contingencies and stock-based compensation. We base our estimates on historical experience and on various other assumptions that we believe are reasonable under the circumstances. The results of our analysis form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions, and the impact of such differences may be material to our consolidated financial statements.</span></div>
CY2021 uti Revenue Consisted Of Tuition
RevenueConsistedOfTuition
0.99
CY2020 uti Revenue Consisted Of Tuition
RevenueConsistedOfTuition
0.99
CY2022 uti Revenue Consisted Of Tuition
RevenueConsistedOfTuition
0.99
CY2022 us-gaap Debt Instrument Term
DebtInstrumentTerm
P10Y
CY2022 us-gaap Loan Processing Fee
LoanProcessingFee
1100000 usd
CY2021 us-gaap Loan Processing Fee
LoanProcessingFee
1100000 usd
CY2020 us-gaap Loan Processing Fee
LoanProcessingFee
900000 usd
CY2022 uti Percentageof Cash Basis Revenue Collectedfrom Funds Distributed Under Veterans Benefits Programs
PercentageofCashBasisRevenueCollectedfromFundsDistributedUnderVeteransBenefitsPrograms
0.13
CY2021Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
57648000 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
2000000 usd
CY2021 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2020 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2022 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2022Q3 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
3300000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
51500000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4400000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1800000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2100000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1100000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
500000 usd
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
500000 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Risk</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject us to concentrations of credit risk consist principally of cash and cash equivalents, restricted cash, short-term held-to-maturity investments and receivables. As of September 30, 2022, we held cash and cash equivalents of $66.5 million, restricted cash of $3.5 million, and held-to-maturity investments of $28.9 million.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We place our cash and cash equivalents, restricted cash, and held-to-maturity investments with high quality financial institutions and limit the amount of credit exposure with any one financial institution. We mitigate the concentration risk of our investments by limiting the amount invested in any one issuer. We mitigate the risk associated with our investment in corporate bonds by requiring a minimum credit rating of A. We have the ability and intention to hold our short-term investments until maturity and therefore have classified these investments as held-to-maturity and recorded them at amortized cost.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We extend credit for tuition and fees, for a limited period of time, to a majority of our students. A substantial portion is repaid through the student’s participation in federally funded financial aid programs. Transfers of funds from the financial aid programs to us are made in accordance with the ED requirements. Approximately 67% of our revenues, on a cash basis, were collected from funds distributed under Title IV Programs for the year ended September 30, 2022 as calculated under the 90/10 rule. Additionally, approximately 13% of our revenues, on a cash basis, were collected from funds distributed under various veterans benefits programs for the year ended September 30, 2022.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The financial aid and veterans benefits programs are subject to political and budgetary considerations. There is no assurance that such funding will be maintained at current levels. Extensive and complex regulations govern the financial assistance programs in which our students participate. Our administration of these programs is periodically reviewed by various </span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">regulatory agencies. Any regulatory violation could be the basis for the initiation of potential adverse actions, including a suspension, limitation, placement on reimbursement status or termination proceeding, which could have a material adverse effect on our business. ED and other regulators have increased the frequency and severity of their enforcement actions against postsecondary schools which have resulted in the imposition of material liabilities, sanctions, letter of credit requirements and other restrictions and, in some cases, resulted in the loss of schools’ eligibility to receive Title IV funds or in closure of the schools. </span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">If any of our institutions were to lose its eligibility to participate in federal student financial aid programs, the students at that institution would lose access to funds derived from those programs and would have to seek alternative sources of funds to pay their tuition and fees. Students obtain access to federal student financial aid through an ED prescribed application and eligibility certification process. Student financial aid funds are generally made available to students at prescribed intervals throughout their predetermined expected length of study. Students typically apply the funds received from the federal financial aid programs to pay their tuition and fees. The transfer of funds is from the financial aid program to the student, who then uses those funds to pay for a portion of the cost of their education. The receipt of financial aid funds reduces the student’s amounts due to us and has no impact on revenue recognition, as the transfer relates to the source of funding for the costs of education, which may occur either through Title IV or other funds and resources available to the student.</span></div>
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
66500000 usd
CY2022Q3 us-gaap Restricted Cash
RestrictedCash
3500000 usd
CY2022Q3 us-gaap Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
28900000 usd
CY2022 uti Percentage Of Cash Basis Revenue Collected From Funds Distributed Under Title Iv Programs
PercentageOfCashBasisRevenueCollectedFromFundsDistributedUnderTitleIvPrograms
0.67
CY2022Q3 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
46826000 usd
CY2021Q3 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
46489000 usd
CY2022Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
54223000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022Q3 uti Tuition Receivables
TuitionReceivables
18931000 usd
CY2021Q3 uti Tuition Receivables
TuitionReceivables
16265000 usd
CY2022Q3 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
3153000 usd
CY2021Q3 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
3673000 usd
CY2022Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
22084000 usd
CY2021Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
19938000 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5634000 usd
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2787000 usd
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
16450000 usd
CY2021Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
17151000 usd
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2787000 usd
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1793000 usd
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1097000 usd
CY2022 uti Accounts Receivable Allowance For Credit Loss Additions Due To Acquisition
AccountsReceivableAllowanceForCreditLossAdditionsDueToAcquisition
1682000 usd
CY2021 uti Accounts Receivable Allowance For Credit Loss Additions Due To Acquisition
AccountsReceivableAllowanceForCreditLossAdditionsDueToAcquisition
0 usd
CY2020 uti Accounts Receivable Allowance For Credit Loss Additions Due To Acquisition
AccountsReceivableAllowanceForCreditLossAdditionsDueToAcquisition
0 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2510000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1718000 usd
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1767000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1345000 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
724000 usd
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1071000 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5634000 usd
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2787000 usd
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1793000 usd
CY2021Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
187789000 usd
CY2021Q3 us-gaap Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
0 usd
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
215000 usd
CY2021Q3 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
215000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
408717000 usd
CY2021Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
309840000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
194425000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
214292000 usd
CY2021Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
122051000 usd
CY2022 us-gaap Depreciation
Depreciation
16800000 usd
CY2021 us-gaap Depreciation
Depreciation
14000000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
16900000 usd
CY2021Q3 us-gaap Goodwill
Goodwill
8222000 usd
CY2020Q3 us-gaap Goodwill
Goodwill
8222000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
8637000 usd
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 usd
CY2022Q3 us-gaap Goodwill
Goodwill
16859000 usd
CY2021Q3 us-gaap Goodwill
Goodwill
8222000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
16900000 usd
CY2022Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
14642000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
427000 usd
CY2022Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
14215000 usd
CY2022 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P3Y11M4D
CY2022Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
14600000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
108800 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
35500 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
2000000 usd
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
29348000 usd
CY2022 uti Lessee Operating Lease Number Of Contracts
LesseeOperatingLeaseNumberOfContracts
12 campus
CY2022Q3 uti Number Of Campuses
NumberOfCampuses
16 campus
CY2022 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
1600000 usd
CY2021 us-gaap Sublease Income
SubleaseIncome
444000 usd
CY2020 us-gaap Sublease Income
SubleaseIncome
744000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
22424000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
22623000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
72000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
123000 usd
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
102000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
2000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
6000 usd
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
7000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
5469000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
3682000 usd
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
4120000 usd
CY2022 us-gaap Sublease Income
SubleaseIncome
155000 usd
CY2022 us-gaap Lease Cost
LeaseCost
27812000 usd
CY2021 us-gaap Lease Cost
LeaseCost
25990000 usd
CY2020 us-gaap Lease Cost
LeaseCost
32833000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
132038000 usd
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
159075000 usd
CY2022Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
22000 usd
CY2021Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
94000 usd
CY2022Q3 uti Lease Right Of Use Asset
LeaseRightOfUseAsset
132060000 usd
CY2021Q3 uti Lease Right Of Use Asset
LeaseRightOfUseAsset
159169000 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
12959000 usd
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14075000 usd
CY2022Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
23000 usd
CY2021Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
73000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
129302000 usd
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
153228000 usd
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
0 usd
CY2021Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
23000 usd
CY2022Q3 uti Lease Liability
LeaseLiability
142284000 usd
CY2021Q3 uti Lease Liability
LeaseLiability
167399000 usd
CY2022Q3 uti Finance Lease Right Of Use Asset Accumulated Depreciation
FinanceLeaseRightOfUseAssetAccumulatedDepreciation
200000 usd
CY2021Q3 uti Finance Lease Right Of Use Asset Accumulated Depreciation
FinanceLeaseRightOfUseAssetAccumulatedDepreciation
100000 usd
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y11M1D
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y4M13D
CY2022Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y3M29D
CY2021Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y3M25D
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0391
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0431
CY2021Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0308
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
13952000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
20469000 usd
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
25617000 usd
CY2022 uti Preferred Stock Convertible Conversion Cap
PreferredStockConvertibleConversionCap
P120D
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
73000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
119000 usd
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
99000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3313000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
30017000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
20321000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
215000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1082000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
16673000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
23000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
19005000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
0 usd
CY2021Q3 uti Accrued Tool Sets
AccruedToolSets
3300000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
19228000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
19447000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
19469000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
74507000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
168329000 usd
CY2022Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
23000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
26068000 usd
CY2022Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
0 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
142261000 usd
CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
23000 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
12959000 usd
CY2022Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
23000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
129302000 usd
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
0 usd
CY2022Q1 uti Number Of Leased Properties
NumberOfLeasedProperties
2 property
CY2020Q4 uti Operating Leases Rent Expense Paid To Related Parties
OperatingLeasesRentExpensePaidToRelatedParties
300000 usd
CY2020Q4 uti Operating Leases Rent Expense Paid To Related Parties
OperatingLeasesRentExpensePaidToRelatedParties
2000000 usd
CY2022Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
21746000 usd
CY2021Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
13702000 usd
CY2022Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
28430000 usd
CY2021Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
29506000 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
13328000 usd
CY2021Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
11189000 usd
CY2022Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
63504000 usd
CY2021Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
54397000 usd
CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
68106000 usd
CY2021Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
30982000 usd
CY2022Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
568000 usd
CY2021Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
256000 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
67538000 usd
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
30726000 usd
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1115000 usd
CY2021Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
876000 usd
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
66423000 usd
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
29850000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-10947000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-2380000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1115000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1672000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1763000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1836000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1909000 usd
CY2022Q3 uti Long Term Debt Maturity After Year Five
LongTermDebtMaturityAfterYearFive
59811000 usd
CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
68106000 usd
CY2022Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
568000 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
67538000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
602000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
345000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
17000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-5000 usd
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-11250000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1065000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
607000 usd
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
303000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-4109000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-6489000 usd
CY2021 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
0 usd
CY2020 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
345000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5407000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
602000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-10602000 usd
CY2021 uti Effective Income Tax Rate Reconciliation Adjustment To Deferred Taxes Amount
EffectiveIncomeTaxRateReconciliationAdjustmentToDeferredTaxesAmount
0 usd
CY2020 uti Effective Income Tax Rate Reconciliation Adjustment To Deferred Taxes Amount
EffectiveIncomeTaxRateReconciliationAdjustmentToDeferredTaxesAmount
0 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-12075000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
4293000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
3188000 usd
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-545000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1356000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
480000 usd
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
246000 usd
CY2022 uti Effective Income Tax Rate Reconciliation Excess Officers Compensation Amount
EffectiveIncomeTaxRateReconciliationExcessOfficersCompensationAmount
276000 usd
CY2021 uti Effective Income Tax Rate Reconciliation Excess Officers Compensation Amount
EffectiveIncomeTaxRateReconciliationExcessOfficersCompensationAmount
203000 usd
CY2020 uti Effective Income Tax Rate Reconciliation Excess Officers Compensation Amount
EffectiveIncomeTaxRateReconciliationExcessOfficersCompensationAmount
304000 usd
CY2022 uti Effective Income Tax Rate Reconciliation Adjustment To Deferred Taxes Amount
EffectiveIncomeTaxRateReconciliationAdjustmentToDeferredTaxesAmount
345000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-3229000 usd
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-6135000 usd
CY2022 uti Effective Income Tax Rate Reconciliation Net Operating Loss Carryback Amount
EffectiveIncomeTaxRateReconciliationNetOperatingLossCarrybackAmount
0 usd
CY2021 uti Effective Income Tax Rate Reconciliation Net Operating Loss Carryback Amount
EffectiveIncomeTaxRateReconciliationNetOperatingLossCarrybackAmount
0 usd
CY2020 uti Effective Income Tax Rate Reconciliation Net Operating Loss Carryback Amount
EffectiveIncomeTaxRateReconciliationNetOperatingLossCarrybackAmount
-4270000 usd
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
398000 usd
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-40000 usd
CY2020 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-202000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5407000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
602000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-10602000 usd
CY2022Q3 uti Deferred Tax Assets Operating Lease Right Of Use Asset
DeferredTaxAssetsOperatingLeaseRightOfUseAsset
36212000 usd
CY2021Q3 uti Deferred Tax Assets Operating Lease Right Of Use Asset
DeferredTaxAssetsOperatingLeaseRightOfUseAsset
43039000 usd
CY2022Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
542000 usd
CY2021Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
707000 usd
CY2022Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
2217000 usd
CY2021Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
2277000 usd
CY2022Q3 uti Deferred Tax Assets Tax Deferred Expense Accrued Tool Sets
DeferredTaxAssetsTaxDeferredExpenseAccruedToolSets
823000 usd
CY2021Q3 uti Deferred Tax Assets Tax Deferred Expense Accrued Tool Sets
DeferredTaxAssetsTaxDeferredExpenseAccruedToolSets
865000 usd
CY2022Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
3826000 usd
CY2021Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
2815000 usd
CY2022Q3 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
5178000 usd
CY2021Q3 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
4595000 usd
CY2022Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
5406000 usd
CY2021Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
5442000 usd
CY2022Q3 us-gaap Deferred Tax Assets Tax Credit Carryforwards Other
DeferredTaxAssetsTaxCreditCarryforwardsOther
165000 usd
CY2021Q3 us-gaap Deferred Tax Assets Tax Credit Carryforwards Other
DeferredTaxAssetsTaxCreditCarryforwardsOther
247000 usd
CY2022Q3 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
1252000 usd
CY2021Q3 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
893000 usd
CY2022Q3 uti Deferred Tax Assets Deductions Limited By Section382
DeferredTaxAssetsDeductionsLimitedBySection382
249000 usd
CY2021Q3 uti Deferred Tax Assets Deductions Limited By Section382
DeferredTaxAssetsDeductionsLimitedBySection382
670000 usd
CY2022Q3 us-gaap Deferred Tax Assets Other Comprehensive Loss
DeferredTaxAssetsOtherComprehensiveLoss
0 usd
CY2021Q3 us-gaap Deferred Tax Assets Other Comprehensive Loss
DeferredTaxAssetsOtherComprehensiveLoss
70000 usd
CY2022Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
84000 usd
CY2021Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
13000 usd
CY2022Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1200000 usd
CY2021Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
13492000 usd
CY2022Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
54754000 usd
CY2021Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
48141000 usd
CY2022Q3 uti Deferred Tax Liabilities Operating Lease Liability
DeferredTaxLiabilitiesOperatingLeaseLiability
33655000 usd
CY2021Q3 uti Deferred Tax Liabilities Operating Lease Liability
DeferredTaxLiabilitiesOperatingLeaseLiability
40984000 usd
CY2022Q3 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
4666000 usd
CY2021Q3 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
2056000 usd
CY2022Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
11673000 usd
CY2021Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
4587000 usd
CY2022Q3 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
720000 usd
CY2021Q3 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
1188000 usd
CY2022Q3 us-gaap Deferred Tax Liabilities Other Comprehensive Income
DeferredTaxLiabilitiesOtherComprehensiveIncome
675000 usd
CY2021Q3 us-gaap Deferred Tax Liabilities Other Comprehensive Income
DeferredTaxLiabilitiesOtherComprehensiveIncome
0 usd
CY2022Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
51389000 usd
CY2021Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
48815000 usd
CY2022Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
3365000 usd
CY2021Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
674000 usd
CY2022Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1200000 usd
CY2021Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
387000 usd
CY2022Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
387000 usd
CY2022Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
400000 usd
CY2022Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
300000 usd
CY2022Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 usd
CY2022Q3 uti Net Prepaid Expenses From Excess Of Credits Earned Over Credits Used
NetPrepaidExpensesFromExcessOfCreditsEarnedOverCreditsUsed
4000000 usd
CY2021Q3 uti Net Prepaid Expenses From Excess Of Credits Earned Over Credits Used
NetPrepaidExpensesFromExcessOfCreditsEarnedOverCreditsUsed
4800000 usd
CY2022Q3 uti Accrued Tool Sets
AccruedToolSets
3200000 usd
CY2022Q3 uti Liability To Vendor For Vouchers Redeemed By Students
LiabilityToVendorForVouchersRedeemedByStudents
2300000 usd
CY2021Q3 uti Liability To Vendor For Vouchers Redeemed By Students
LiabilityToVendorForVouchersRedeemedByStudents
1600000 usd
CY2022Q3 uti Common Stock Shareholder Number Of Votes
CommonStockShareholderNumberOfVotes
1 vote
CY2021Q3 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
100
CY2022Q3 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
100
CY2022 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
5200000 usd
CY2021 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
5300000 usd
CY2022Q3 uti Preferred Stock Convertible Volume Weighted Average Price Rate
PreferredStockConvertibleVolumeWeightedAveragePriceRate
2.5
CY2022 uti Preferred Stock Convertible Consecutive Trading Days
PreferredStockConvertibleConsecutiveTradingDays
20 day
CY2022 uti Preferred Stock Convertible Notice Of Conversion
PreferredStockConvertibleNoticeOfConversion
P10D
CY2022Q3 uti Preferred Stock Convertible Volume Weighted Average Price Rate
PreferredStockConvertibleVolumeWeightedAveragePriceRate
2.5
CY2022 uti Preferred Stock Convertible Notice Of Conversion
PreferredStockConvertibleNoticeOfConversion
P10D
CY2020Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
49200000 usd
CY2020Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
35000000 usd
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.14
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y2M8D
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4412000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1808000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2077000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1103000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
452000 usd
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
519000 usd
CY2018Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
0 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
210000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.14
CY2019Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
210000 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
483000 usd
CY2020Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
210000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.14
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y2M4D
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
407000 usd
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
210000 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.14
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y2M4D
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
760000 usd
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
210000 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.14
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y2M4D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
483000 usd
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
210000 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
3.14
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y2M4D
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
483000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
25848000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
14581000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
8008000 usd
CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5159000 usd
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5250000 usd
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5264000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20689000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9331000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2744000 usd
CY2022 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
7847000 usd
CY2021 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3647000 usd
CY2020 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1135000 usd
CY2022 uti Net Income Loss Availableto Common Stockholders Basic Net
NetIncomeLossAvailabletoCommonStockholdersBasicNet
12842000 usd
CY2021 uti Net Income Loss Availableto Common Stockholders Basic Net
NetIncomeLossAvailabletoCommonStockholdersBasicNet
5684000 usd
CY2020 uti Net Income Loss Availableto Common Stockholders Basic Net
NetIncomeLossAvailabletoCommonStockholdersBasicNet
1609000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33218000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32766000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29812000 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2022 uti Net Income Loss Availableto Common Stockholders Basic Net
NetIncomeLossAvailabletoCommonStockholdersBasicNet
12842000 usd
CY2021 uti Net Income Loss Availableto Common Stockholders Basic Net
NetIncomeLossAvailabletoCommonStockholdersBasicNet
5684000 usd
CY2020 uti Net Income Loss Availableto Common Stockholders Basic Net
NetIncomeLossAvailabletoCommonStockholdersBasicNet
1609000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33218000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32766000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29812000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
525000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
357000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
301000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33743000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33123000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30113000 shares
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
20306000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21207000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21035000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
54040000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
54144000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
51134000 shares
CY2022 us-gaap Net Income Loss
NetIncomeLoss
25848000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
335083000 usd
CY2022 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1500000 usd
CY2021 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1100000 usd
CY2020 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1000000 usd
CY2022 uti Deferred Compensation Arrangement Maximum Contribution Per Employee Percentage Of Regular Compensation
DeferredCompensationArrangementMaximumContributionPerEmployeePercentageOfRegularCompensation
0.75
CY2022 uti Deferred Compensation Arrangement Maximum Contribution Per Employee Percentage Of Incentive Compensation
DeferredCompensationArrangementMaximumContributionPerEmployeePercentageOfIncentiveCompensation
1
CY2022Q3 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
2200000 usd
CY2021Q3 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
2800000 usd
CY2022Q3 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
2600000 usd
CY2021Q3 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
3100000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
418765000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
22374000 usd
CY2022 uti Total Depreciationand Amortization
TotalDepreciationandAmortization
16884000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
14947000 usd
CY2021 uti Total Depreciationand Amortization
TotalDepreciationandAmortization
14027000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
14581000 usd
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
300761000 usd
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
-3871000 usd
CY2020 uti Total Depreciationand Amortization
TotalDepreciationandAmortization
11804000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
8008000 usd
CY2022Q3 us-gaap Assets
Assets
552911000 usd
CY2021Q3 us-gaap Assets
Assets
512570000 usd
CY2022 uti Financing Obligation Deprecation And Amortization
FinancingObligationDeprecationAndAmortization
900000 usd
CY2021 uti Financing Obligation Deprecation And Amortization
FinancingObligationDeprecationAndAmortization
1200000 usd
CY2020 uti Financing Obligation Deprecation And Amortization
FinancingObligationDeprecationAndAmortization
1300000 usd
CY2022 uti Percentageof Cash Basis Revenue Collectedfrom Funds Distributed Under Veterans Benefits Programs
PercentageofCashBasisRevenueCollectedfromFundsDistributedUnderVeteransBenefitsPrograms
0.13
CY2020Q2 uti Proceeds Received Cares Act
ProceedsReceivedCARESAct
16500000 usd
CY2020Q3 uti Grants Awarded To Students Amount Cares Act
GrantsAwardedToStudentsAmountCARESAct
16500000 usd
CY2020Q3 uti Number Of Students Awarded Grants Cares Act
NumberOfStudentsAwardedGrantsCARESAct
9000 student
CY2020Q2 uti Amount Received To Offset Costs Cares Act
AmountReceivedToOffsetCostsCARESAct
16500000 usd
CY2021 uti Unusual Or Infrequent Items Or Both Proceeds Received Crrsaa
UnusualOrInfrequentItemsOrBothProceedsReceivedCRRSAA
16800000 usd
CY2022 uti Unusual Or Infrequent Items Or Both Amount Of Student Grants Awarded Crrsaa
UnusualOrInfrequentItemsOrBothAmountOfStudentGrantsAwardedCRRSAA
7000000 usd
CY2021 uti Unusual Or Infrequent Items Or Both Amount Of Student Grants Awarded Crrsaa
UnusualOrInfrequentItemsOrBothAmountOfStudentGrantsAwardedCRRSAA
19700000 usd
CY2022Q3 uti Unusual Or Infrequent Items Or Both Awards Granted Number Of Students
UnusualOrInfrequentItemsOrBothAwardsGrantedNumberOfStudents
15500 student

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