DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Mar. 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The following amounts summarize the total assets and liabilities of PPC and Installation Services and other discontinued activities which have been segregated from Griffon’s continuing operations, and are reported as assets and liabilities of discontinued operations not held for sale in the Condensed Consolidated Balance Sheets:

	At March 31, 2019		At September 30, 2018
Assets of discontinued operations:
Prepaid and other current assets	$	324	$	324
Other long-term assets	2,901		2,916
Total assets of discontinued operations	$	3,225	$	3,240
Liabilities of discontinued operations:
Accrued liabilities, current	$	11,657	$	7,210
Other long-term liabilities	2,307		2,647
Total liabilities of discontinued operations	$	13,964	$	9,857

Summarized results of the Company’s discontinued operations are as follows:

	For the Three Months Ended March 31, 2018			For the Six Months Ended March 31, 2018
Revenue	$	45,832		$	166,262
Cost of goods and services	36,157			132,100
Gross profit	9,675			34,162
Selling, general and administrative expenses	13,995			26,103
Income (loss) from discontinued operations	(4,320		)	8,059
Other income (expense)
Gain on sale of business	117,625			117,625
Interest expense, net	(95		)	(155		)
Other, net	166			(687		)
Total other income (expense)	117,696			116,783
Income from operations of discontinued operations	$	113,376		$	124,842