BUSINESS SEGMENTS (Tables)

9 Months Ended

Jun. 30, 2020

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



	For the Three Months Ended June 30,				For the Nine Months Ended June 30,
REVENUE	2020		2019		2020		2019
Consumer and Professional Products	$	328,929	$	273,710	$	844,917	$	777,916
Home and Building Products	219,164		221,521		670,374		631,615
Defense Electronics	83,968		79,739		231,558		225,594
Total consolidated net sales	$	632,061	$	574,970	$	1,746,849	$	1,635,125

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



	For the Three Months Ended June 30,						For the Nine Months Ended June 30,
	2020			2019			2020			2019
Segment adjusted EBITDA:
Consumer and Professional Products	$	37,115		$	23,970		$	84,068		$	73,151
Home and Building Products	39,299			33,851			110,635			85,283
Defense Electronics	4,122			7,280			12,845			17,001
Segment adjusted EBITDA	80,536			65,101			207,548			175,435
Unallocated amounts, excluding depreciation	(11,080		)	(12,033		)	(34,969		)	(34,505		)
Adjusted EBITDA	69,456			53,068			172,579			140,930
Net interest expense	(16,585		)	(17,087		)	(49,096		)	(50,723		)
Depreciation and amortization	(15,523		)	(15,595		)	(47,067		)	(46,172		)
Loss from debt extinguishment	(1,235		)	—			(7,925		)	—
Restructuring charges	(1,633		)	—			(11,171		)	—
Acquisition costs	—			—			(2,960		)	—
Income before taxes from continuing operations	$	34,480		$	20,386		$	54,360		$	44,035

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



	For the Three Months Ended June 30,				For the Nine Months Ended June 30,
DEPRECIATION and AMORTIZATION	2020		2019		2020		2019
Segment:
Consumer and Professional Products	$	8,197	$	8,158	$	24,650	$	24,148
Home and Building Products	4,507		4,626		13,975		13,683
Defense Electronics	2,666		2,669		7,986		7,926
Total segment depreciation and amortization	15,370		15,453		46,611		45,757
Corporate	153		142		456		415
Total consolidated depreciation and amortization	$	15,523	$	15,595	$	47,067	$	46,172

CAPITAL EXPENDITURES
Segment:
Consumer and Professional Products	$	7,029	$	3,187	$	14,561	$	11,327
Home and Building Products	3,640		5,088		15,135		10,423
Defense Electronics	1,538		2,064		4,748		5,797
Total segment	12,207		10,339		34,444		27,547
Corporate	25		37		307		247
Total consolidated capital expenditures	$	12,232	$	10,376	$	34,751	$	27,794



ASSETS	At June 30, 2020		At September 30, 2019
Segment assets:
Consumer and Professional Products	$	1,269,540	$	1,070,510
Home and Building Products	592,038		571,216
Defense Electronics	335,262		347,575
Total segment assets	2,196,840		1,989,301
Corporate	105,343		82,429
Total continuing assets	2,302,183		2,071,730
Assets of discontinued operations	8,037		3,209
Consolidated total	$	2,310,220	$	2,074,939

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



	For the Three Months Ended June 30,				For the Nine Months Ended June 30,
	2020		2019		2020		2019
Residential repair and remodel	$	50,709	$	35,416	$	126,304	$	101,015
Retail	177,271		148,596		441,795		424,537
Residential new construction	14,487		15,345		44,344		43,162
Industrial	9,303		12,880		30,461		34,054
International excluding North America	77,159		61,473		202,013		175,148
Total Consumer and Professional Products	328,929		273,710		844,917		777,916
Residential repair and remodel	109,876		112,730		332,681		316,368
Commercial construction	84,521		83,382		262,708		243,939
Residential new construction	24,767		25,409		74,985		71,308
Total Home and Building Products	219,164		221,521		670,374		631,615
U.S. Government	54,802		46,579		151,126		138,515
International	24,779		30,120		68,333		75,348
Commercial	4,387		3,040		12,099		11,731
Total Defense Electronics	83,968		79,739		231,558		225,594
Total Consolidated Revenue	$	632,061	$	574,970	$	1,746,849	$	1,635,125

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



REVENUE BY GEOGRAPHIC AREA - DESTINATION	For the Three Months Ended June 30, 2020								For the Nine Months Ended June 30, 2020
	CPP		HBP		Defense Electronics		Total		CPP		HBP		Defense Electronics		Total
United States	$	232,544	$	209,222	$	56,294	$	498,060	$	584,114	$	635,232	$	157,508	$	1,376,854
Europe	29,267		81		8,636		37,984		60,609		109		24,501		85,219
Canada	18,231		7,729		3,012		28,972		53,527		26,849		9,795		90,171
Australia	47,614		—		1,012		48,626		140,874		—		1,807		142,681
All other countries	1,273		2,132		15,014		18,419		5,793		8,184		37,947		51,924
Consolidated revenue	$	328,929	$	219,164	$	83,968	$	632,061	$	844,917	$	670,374	$	231,558	$	1,746,849



REVENUE BY GEOGRAPHIC AREA - DESTINATION	For the Three Months Ended June 30, 2019								For the Nine Months Ended June 30, 2019
	CPP		HBP		Defense Electronics		Total		CPP		HBP		Defense Electronics		Total
United States	$	193,948	$	206,489	$	49,379	$	449,816	$	541,309	$	592,261	$	148,853	$	1,282,423
Europe	25,663		31		8,387		34,081		53,871		77		27,188		81,136
Canada	16,246		9,867		2,855		28,968		54,456		27,832		8,542		90,830
Australia	35,829		163		838		36,830		121,617		613		2,426		124,656
All other countries	2,024		4,971		18,280		25,275		6,663		10,832		38,585		56,080
Consolidated revenue	$	273,710	$	221,521	$	79,739	$	574,970	$	777,916	$	631,615	$	225,594	$	1,635,125