BUSINESS SEGMENTS (Tables)

3 Months Ended

Dec. 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 December 31,
REVENUE	2016		2015
Home & Building Products:
AMES	$	120,724	$	118,290
CBP	143,460		142,908
Home & Building Products	264,184		261,198
Telephonics	88,093		109,037
PPC	114,823		123,914
Total consolidated net sales	$	467,100	$	494,149

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

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

	For the Three Months Ended December 31,
	2016			2015
Segment adjusted EBITDA:
Home & Building Products	$	31,807		$	29,829
Telephonics	8,108			10,344
PPC	14,437			11,785
Total Segment adjusted EBITDA	54,352			51,958
Net interest expense	(13,367		)	(12,012		)
Segment depreciation and amortization	(18,290		)	(16,969		)
Unallocated amounts	(9,719		)	(9,628		)
Income before taxes	$	12,976		$	13,349

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

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

	For the Three Months Ended December 31,
DEPRECIATION and AMORTIZATION	2016		2015
Segment:
Home & Building Products	$	9,167	$	8,670
Telephonics	2,717		2,531
PPC	6,406		5,768
Total segment depreciation and amortization	18,290		16,969
Corporate	104		115
Total consolidated depreciation and amortization	$	18,394	$	17,084
CAPITAL EXPENDITURES
Segment:
Home & Building Products	$	6,273	$	17,280
Telephonics	1,296		1,280
PPC	14,906		6,404
Total segment	22,475		24,964
Corporate	3		54
Total consolidated capital expenditures	$	22,478	$	25,018