BUSINESS SEGMENTS (Tables)

6 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Information on Griffon’s reportable segments is as follows:

	For the Three Months Ended March 31,				For the Six Months Ended March 31,
REVENUE	2016		2015		2016		2015
Home & Building Products:
AMES	$	165,847	$	159,092	$	284,137	$	292,202
CBP	113,387		104,513		256,295		243,113
Home & Building Products	279,234		263,605		540,432		535,315
Telephonics	105,874		98,687		214,911		189,345
PPC	114,999		137,728		238,913		277,520
Total consolidated net sales	$	500,107	$	500,020	$	994,256	$	1,002,180

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

	For the Three Months Ended March 31,						For the Six Months Ended March 31,
INCOME BEFORE TAXES	2016			2015			2016			2015
Segment operating profit:
Home & Building Products	$	17,810		$	8,651		$	38,969		$	25,020
Telephonics	7,875			9,114			15,688			16,631
PPC	5,880			9,867			11,897			17,887
Total segment operating profit	31,565			27,632			66,554			59,538
Net interest expense	(12,348		)	(11,857		)	(24,360		)	(23,494		)
Unallocated amounts	(9,379		)	(7,580		)	(19,007		)	(15,844		)
Income before taxes	$	9,838		$	8,195		$	23,187		$	20,200

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

	For the Three Months Ended March 31,						For the Six Months Ended March 31,
	2016			2015			2016			2015
Segment adjusted EBITDA:
Home & Building Products	$	26,338		$	17,330		$	56,167		$	41,800
Telephonics	10,444			11,616			20,788			21,648
PPC	11,781			15,764			23,566			30,315
Total Segment adjusted EBITDA	48,563			44,710			100,521			93,763
Net interest expense	(12,348		)	(11,857		)	(24,360		)	(23,494		)
Segment depreciation and amortization	(16,998		)	(17,078		)	(33,967		)	(34,225		)
Unallocated amounts	(9,379		)	(7,580		)	(19,007		)	(15,844		)
Income before taxes	$	9,838		$	8,195		$	23,187		$	20,200

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

	For the Three Months Ended March 31,				For the Six Months Ended March 31,
DEPRECIATION and AMORTIZATION	2016		2015		2016		2015
Segment:
Home & Building Products	$	8,528	$	8,679	$	17,198	$	16,780
Telephonics	2,569		2,502		5,100		5,017
PPC	5,901		5,897		11,669		12,428
Total segment depreciation and amortization	16,998		17,078		33,967		34,225
Corporate	120		115		235		228
Total consolidated depreciation and amortization	$	17,118	$	17,193	$	34,202	$	34,453
CAPITAL EXPENDITURES
Segment:
Home & Building Products	$	10,835	$	11,114	$	28,115	$	21,375
Telephonics	1,958		1,339		3,238		2,308
PPC	6,956		7,486		13,360		15,165
Total segment	19,749		19,939		44,713		38,848
Corporate	1,185		853		1,239		865
Total consolidated capital expenditures	$	20,934	$	20,792	$	45,952	$	39,713

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

ASSETS	At March 31, 2016		At September 30, 2015
Segment assets:
Home & Building Products	$	1,079,215	$	1,034,032
Telephonics	296,137		302,560
PPC	350,935		343,519
Total segment assets	1,726,287		1,680,111
Corporate	48,643		47,831
Total continuing assets	1,774,930		1,727,942
Assets of discontinued operations	3,584		3,491
Consolidated total	$	1,778,514	$	1,731,433