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BUSINESS SEGMENTS (Tables)
 6 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Information on Griffon’s reportable segments from continuing operations is as follows:
 
For the Three Months Ended March 31,
 
For the Six Months Ended March 31,
REVENUE
2018
 
2017
 
2018
 
2017
Home & Building Products:
 

 
 

 
 

 
 

AMES
$
182,928

 
$
162,907

 
$
322,910

 
$
283,631

CBP
138,112

 
122,628

 
292,348

 
266,088

ClosetMaid
75,268

 
—

 
152,028

 
—

Home & Building Products
396,308

 
285,535

 
767,286

 
549,719

Telephonics
82,252

 
98,272

 
148,577

 
186,365

Total consolidated net sales
$
478,560

 
$
383,807

 
$
915,863

 
$
736,084


The following table reconciles segment operating profit to income before taxes from continuing operations:
 
For the Three Months Ended March 31,
 
For the Six Months Ended March 31,
INCOME BEFORE TAXES FROM CONTINUING OPERATIONS
2018
 
2017
 
2018
 
2017
Segment operating profit:
 

 
 

 
 

 
 

Home & Building Products
$
28,478

 
$
18,314

 
$
56,229

 
$
40,954

Telephonics
1,302

 
9,015

 
2,782

 
14,406

Segment operating profit from continuing operations
29,780

 
27,329

 
59,011

 
55,360

Net interest expense
(16,044
)
 
(12,705
)
 
(32,686
)
 
(25,994
)
Unallocated amounts
(10,541
)
 
(10,455
)
 
(20,977
)
 
(20,766
)
Acquisition costs
(7
)
 
—

 
(1,619
)
 
—

Cost of life insurance benefit
—

 
—

 
(2,614
)
 
—

Income before taxes from continuing operations
$
3,188

 
$
4,169

 
$
1,115

 
$
8,600

The following table provides a reconciliation of Segment adjusted EBITDA to Income before taxes from continuing operations:
 
For the Three Months Ended March 31,
 
For the Six Months Ended March 31,
 
2018
 
2017
 
2018
 
2017
Segment adjusted EBITDA:
 

 
 

 
 

 
 

Home & Building Products
$
39,789

 
$
27,565

 
$
79,246

 
$
59,372

Telephonics
3,997

 
11,786

 
8,196

 
19,894

Total Segment adjusted EBITDA
43,786

 
39,351

 
87,442

 
79,266

Net interest expense
(16,044
)
 
(12,705
)
 
(32,686
)
 
(25,994
)
Segment depreciation and amortization
(13,199
)
 
(12,022
)
 
(26,051
)
 
(23,906
)
Unallocated amounts
(10,541
)
 
(10,455
)
 
(20,977
)
 
(20,766
)
Acquisition costs
(814
)
 
—

 
(3,999
)
 
—

Cost of life insurance benefit
—

 
—

 
(2,614
)
 
—

Income before taxes from continuing operations
$
3,188

 
$
4,169

 
$
1,115

 
$
8,600
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
2018

2017

2018

2017
Segment:
 

 

 

 
Home & Building Products
$
10,504

 
$
9,251

 
$
20,637

 
$
18,418

Telephonics
2,695

 
2,771

 
5,414

 
5,488

Total segment depreciation and amortization
13,199

 
12,022

 
26,051

 
23,906

Corporate
114

 
125

 
220

 
229

Total consolidated depreciation and amortization
$
13,313

 
$
12,147

 
$
26,271

 
$
24,135













CAPITAL EXPENDITURES
 


 


 


 

Segment:
 


 


 


 

Home & Building Products
$
8,192

 
$
3,768

 
$
14,850

 
$
10,159

Telephonics
2,442

 
1,817

 
4,385

 
3,113

Total segment
10,634

 
5,585

 
19,235

 
13,272

Corporate
209

 
2,263

 
2,393

 
2,266

Total consolidated capital expenditures
$
10,843

 
$
7,848

 
$
21,628

 
$
15,538