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Fair Value Measurements (Tables)
9 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Assets Assets measured or disclosed at fair value on a recurring basis consisted of the following:
  Fair Value Measurements Using
 June 30, 2023Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Money market funds(1)
$9,304 $9,304 $— $— 
Notes receivable(2)
35,894 — — 35,894 
Total assets at fair value on a recurring basis$45,198 $9,304 $— $35,894 
Revolving credit facility and term loans(4)
157,401 — 157,401 — 
Total liabilities at fair value on a recurring basis$157,401 $— $157,401 $— 
  Fair Value Measurements Using
 September 30, 2022Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Money market funds(1)
$23,439 $23,439 $— $— 
Notes receivable(2)
35,872 — — 35,872 
Corporate and government bonds(3)
28,899 28,899 — — 
Total assets at fair value on a recurring basis$88,210 $52,338 $— $35,872 
Term loans(4)
68,083 — 68,083 — 
Total liabilities at fair value on a recurring basis$68,083 $— $68,083 $— 
(1) Money market funds and other highly liquid investments with maturity dates less than 90 days are reflected as “Cash and cash equivalents” in our condensed consolidated balance sheets as of June 30, 2023 and September 30, 2022.
(2) Notes receivable relate to UTI’s proprietary loan program and are reflected as “Notes receivable, current portion” and “Notes receivable, less current portion” in our condensed consolidated balance sheets as of June 30, 2023 and September 30, 2022.
(3) Corporate and government bonds are reflected as “Held-to-maturity investments” in our condensed consolidated balance sheets as of September 30, 2022.
(4) The Credit Facility and Term Loans bear interest at rates commensurate with market rates, and therefore, the respective carrying values approximate fair value (Level 2).