BUSINESS SEGMENTS (Tables)

3 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Information on Griffon’s reportable segments is as follows:

	For the Three Months Ended December 31,
REVENUE	2015		2014
Home & Building Products:
AMES	$	118,290	$	133,110
CBP	142,908		138,600
Home & Building Products	261,198		271,710
Telephonics	109,037		90,658
PPC	123,914		139,792
Total consolidated net sales	$	494,149	$	502,160

The following table reconciles segment operating profit to income before taxes:

	For the Three Months Ended December 31,
INCOME (LOSS) BEFORE TAXES	2015			2014
Segment operating profit:
Home & Building Products	$	21,159		$	16,369
Telephonics	7,813			7,517
PPC	6,017			8,020
Total segment operating profit	34,989			31,906
Net interest expense	(12,012		)	(11,637		)
Unallocated amounts	(9,628		)	(8,264		)
Income before taxes	$	13,349		$	12,005

The following table provides a reconciliation of Segment adjusted EBITDA to Income (loss) before taxes:

	For the Three Months Ended December 31,
	2015			2014
Segment adjusted EBITDA:
Home & Building Products	$	29,829		$	24,470
Telephonics	10,344			10,032
PPC	11,785			14,551
Total Segment adjusted EBITDA	51,958			49,053
Net interest expense	(12,012		)	(11,637		)
Segment depreciation and amortization	(16,969		)	(17,147		)
Unallocated amounts	(9,628		)	(8,264		)
Income before taxes	$	13,349		$	12,005

Unallocated amounts typically include general corporate expenses not attributable to a reportable segment.

	For the Three Months Ended December 31,
DEPRECIATION and AMORTIZATION	2015		2014
Segment:
Home & Building Products	$	8,670	$	8,101
Telephonics	2,531		2,515
PPC	5,768		6,531
Total segment depreciation and amortization	16,969		17,147
Corporate	115		113
Total consolidated depreciation and amortization	$	17,084	$	17,260
CAPITAL EXPENDITURES
Segment:
Home & Building Products	$	17,280	$	10,261
Telephonics	1,280		969
PPC	6,404		7,679
Total segment	24,964		18,909
Corporate	54		12
Total consolidated capital expenditures	$	25,018	$	18,921

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

ASSETS	At December 31, 2015		At September 30, 2015
Segment assets:
Home & Building Products	$	1,052,909	$	1,034,032
Telephonics	300,622		302,560
PPC	338,536		343,519
Total segment assets	1,692,067		1,680,111
Corporate	47,186		47,831
Total continuing assets	1,739,253		1,727,942
Assets of discontinued operations	3,936		3,491
Consolidated total	$	1,743,189	$	1,731,433