BUSINESS SEGMENTS (Tables)

6 Months Ended

Mar. 31, 2017

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	2017		2016		2017		2016
Home & Building Products:
AMES	$	162,907	$	165,847	$	283,631	$	284,137
CBP	122,628		113,387		266,088		256,295
Home & Building Products	285,535		279,234		549,719		540,432
Telephonics	98,272		105,874		186,365		214,911
PPC	111,957		114,999		226,780		238,913
Total consolidated net sales	$	495,764	$	500,107	$	962,864	$	994,256

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 March 31,						For the Six Months Ended March 31,
	2017			2016			2017			2016
Segment adjusted EBITDA:
Home & Building Products	$	27,565		$	26,338		$	59,372		$	56,167
Telephonics	11,787			10,444			19,895			20,788
PPC	11,904			11,781			26,341			23,566
Total Segment adjusted EBITDA	51,256			48,563			105,608			100,521
Net interest expense	(12,622		)	(12,348		)	(25,989		)	(24,360		)
Segment depreciation and amortization	(18,655		)	(16,998		)	(36,945		)	(33,967		)
Unallocated amounts	(9,740		)	(9,379		)	(19,459		)	(19,007		)
Income before taxes	$	10,239		$	9,838		$	23,215		$	23,187

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 March 31,				For the Six Months Ended March 31,
DEPRECIATION and AMORTIZATION	2017		2016		2017		2016
Segment:
Home & Building Products	$	9,252	$	8,528	$	18,419	$	17,198
Telephonics	2,771		2,569		5,488		5,100
PPC	6,632		5,901		13,038		11,669
Total segment depreciation and amortization	18,655		16,998		36,945		33,967
Corporate	124		120		228		235
Total consolidated depreciation and amortization	$	18,779	$	17,118	$	37,173	$	34,202
CAPITAL EXPENDITURES
Segment:
Home & Building Products	$	4,140	$	10,835	$	10,413	$	28,115
Telephonics	1,817		1,958		3,113		3,238
PPC	12,180		6,956		27,086		13,360
Total segment	18,137		19,749		40,612		44,713
Corporate	1,898		1,185		1,901		1,239
Total consolidated capital expenditures	$	20,035	$	20,934	$	42,513	$	45,952