BUSINESS SEGMENTS (Tables)

3 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Summary of Reportable Segments from Continuing Operations

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

	For the Three Months Ended December 31,
REVENUE	2019		2018
Consumer and Professional Products	$	241,076	$	216,474
Home and Building Products	241,381		223,295
Defense Electronics	65,981		70,753
Total consolidated net sales	$	548,438	$	510,522

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

	For the Three Months Ended December 31,
	2019			2018
Segment adjusted EBITDA:
Consumer and Professional Products	$	21,926		$	20,565
Home and Building Products	40,701			31,295
Defense Electronics	4,475			4,785
Segment adjusted EBITDA	67,102			56,645
Unallocated amounts, excluding depreciation	(11,942		)	(11,264		)
Adjusted EBITDA	55,160			45,381
Net interest expense	(15,950		)	(16,331		)
Depreciation and amortization	(15,825		)	(15,085		)
Restructuring charges	(6,434		)	—
Income before taxes	$	16,951		$	13,965

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

	For the Three Months Ended December 31,
DEPRECIATION and AMORTIZATION	2019		2018
Segment:
Consumer and Professional Products	$	8,231	$	7,806
Home and Building Products	4,800		4,509
Defense Electronics	2,644		2,636
Total segment depreciation and amortization	15,675		14,951
Corporate	150		134
Total consolidated depreciation and amortization	$	15,825	$	15,085
CAPITAL EXPENDITURES
Segment:
Consumer and Professional Products	$	3,732	$	4,334
Home and Building Products	7,939		2,811
Defense Electronics	1,289		1,234
Total segment	12,960		8,379
Corporate	212		18
Total consolidated capital expenditures	$	13,172	$	8,397

ASSETS	At December 31, 2019		At September 30, 2019
Segment assets:
Consumer and Professional Products	$	1,235,734	$	1,070,510
Home and Building Products	589,478		571,216
Defense Electronics	340,788		347,575
Total segment assets	2,166,000		1,989,301
Corporate	88,598		82,429
Total continuing assets	2,254,598		2,071,730
Assets of discontinued operations	3,204		3,209
Consolidated total	$	2,257,802	$	2,074,939

Summary of Disaggregation of Revenue by End Market and Segment

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

	For the Three Months Ended December 31,
	2019		2018
Residential repair and remodel	$	35,090	$	27,158
Retail	119,620		113,365
Residential new construction	14,973		14,272
Industrial	10,623		9,758
International excluding North America	60,770		51,921
Total Consumer and Professional Products	241,076		216,474
Residential repair and remodel	121,997		113,367
Commercial construction	91,887		84,376
Residential new construction	27,497		25,552
Total Home and Building Products	241,381		223,295
U.S. Government	42,701		45,560
International	18,533		22,099
Commercial	4,747		3,094
Total Defense Electronics	$	65,981	$	70,753
Total Consolidated Revenue	$	548,438	$	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, 2019
Revenue by Geographic Area - Destination	Consumer and Professional Products		Home and Building Products		Defense Electronics		Total
United States	$	160,158	$	226,950	$	46,143	$	433,251
Europe	6,605		23		5,985		12,613
Canada	17,781		11,253		2,574		31,608
Australia	54,228		—		606		54,834
All other countries	2,304		$	3,155	10,673		16,132
Consolidated revenue	$	241,076	$	241,381	$	65,981	$	548,438

	For the Three Months Ended December 31, 2018
Revenue by Geographic Area - Destination	Consumer and Professional Products		Home and Building Products		Defense Electronics		Total
United States	$	142,916	$	209,827	$	48,295	$	401,038
Europe	7,865		17		10,311		18,193
Canada	19,365		10,981		2,629		32,975
Australia	44,039		184		609		44,832
All other countries	2,289		2,286		8,909		13,484
Consolidated revenue	$	216,474	$	223,295	$	70,753	$	510,522