BUSINESS SEGMENTS (Tables)

3 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

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

	For the Three Months Ended December 31,
	2018			2017
Segment adjusted EBITDA:
Home & Building Products	$	51,860		$	39,457
Defense Electronics	4,785			4,199
Total Segment adjusted EBITDA	56,645			43,656
Net interest expense	(16,331		)	(16,642		)
Segment depreciation and amortization	(14,951		)	(12,852		)
Unallocated amounts	(11,398		)	(10,436		)
Acquisition costs	—			(3,185		)
Cost of life insurance benefit	—			(2,614		)
Income (loss) before taxes from continuing operations	$	13,965		$	(2,073	)

Information on Griffon’s reportable segments from continuing operations is as follows:

	For the Three Months Ended December 31,
REVENUE	2018		2017
Home & Building Products:
AMES	$	216,474	$	216,742
CBP	223,295		154,236
Home & Building Products	439,769		370,978
Defense Electronics	70,753		66,325
Total consolidated net sales	$	510,522	$	437,303

The following table reconciles segment operating profit to Income (loss) before taxes from continuing operations:

	For the Three Months Ended December 31,
INCOME BEFORE TAXES FROM CONTINUING OPERATIONS	2018			2017
Segment operating profit:
Home & Building Products	$	39,545		$	27,751
Defense Electronics	2,149			1,480
Segment operating profit from continuing operations	41,694			29,231
Net interest expense	(16,331		)	(16,642		)
Unallocated amounts	(11,398		)	(10,436		)
Acquisition costs	—			(1,612		)
Cost of life insurance benefit	—			(2,614		)
Income before taxes from continuing operations	$	13,965		$	(2,073	)

Disaggregation of Revenue

The following table presents revenue disaggregated by end market and segment:

	For the Three Months Ended December 31,
	2018
Residential repair and remodel	$	140,525
Retail	113,365
Commercial construction	84,376
Residential new construction	39,824
Industrial	9,758
International excluding North America	51,921
Total Home and Building Products segment	439,769
U.S. Government	45,560
International	22,099
Commercial	3,094
Total Defense Electronics segment	70,753
Total Consolidated Revenue	$	510,522

The following table presents revenue disaggregated by geography based on the location of the Company's customer:

	For the Three Months Ended December 31, 2018
Revenue by Geographic Area - Destination	Home & Building Products		Defense Electronics		Total
United States	$	352,743	$	48,295	$	401,038
Europe	7,882		10,311		18,193
Canada	30,347		2,629		32,976
Australia	44,222		609		44,831
All other countries	4,575		8,909		13,484
Consolidated revenue	$	439,769	$	70,753	$	510,522

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

	For the Three Months Ended December 31,
DEPRECIATION and AMORTIZATION	2018		2017
Segment:
Home & Building Products	$	12,315	$	10,133
Defense Electronics	2,636		2,719
Total segment depreciation and amortization	14,951		12,852
Corporate	134		106
Total consolidated depreciation and amortization	$	15,085	$	12,958
CAPITAL EXPENDITURES
Segment:
Home & Building Products	$	7,145	$	6,658
Defense Electronics	1,234		1,943
Total segment	8,379		8,601
Corporate	18		2,184
Total consolidated capital expenditures	$	8,397	$	10,785

ASSETS	At December 31, 2018		At September 30, 2018
Segment assets:
Home & Building Products	$	1,647,069	$	1,631,631
Defense Electronics	324,567		346,907
Total segment assets	1,971,636		1,978,538
Corporate	99,919		103,112
Total continuing assets	2,071,555		2,081,650
Assets of discontinued operations	3,234		3,240
Consolidated total	$	2,074,789	$	2,084,890