REPORTABLE SEGMENTS (Tables)

12 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table provides a reconciliation of Segment Adjusted EBITDA to Income before taxes and discontinued operations:

	For the Years Ended September 30,
	2020			2019			2018
Segment Adjusted EBITDA:
Consumer and Professional Products	$	104,053		$	90,677		$	77,061
Home and Building Products	153,631			120,161			100,339
Defense Electronics	25,228			35,104			36,063
Segment Adjusted EBITDA	282,912			245,942			213,463
Unallocated amounts, excluding depreciation	(47,013		)	(46,302		)	(45,343		)
Adjusted EBITDA	235,899			199,640			168,120
Net interest expense	(65,791		)	(67,260		)	(63,871		)
Depreciation and amortization	(62,409		)	(61,848		)	(55,803		)
Restructuring charges	(15,790		)	—			—
Loss from debt extinguishment	(7,925		)	—			—
Acquisition contingent consideration	1,733			1,646			—
Acquisition costs	(2,960		)	—			(7,597		)
Special dividend charges	—			—			(3,220		)
Cost of life insurance benefit	—			—			(2,614		)
Secondary equity offering costs	—			—			(1,205		)
Income before taxes from continuing operations	$	82,757		$	72,178		$	33,810

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

	For the Years Ended September 30,
REVENUE	2020		2019		2018
Consumer and Professional Products	$	1,139,233	$	1,000,608	$	953,612
Home and Building Products	927,313		873,640		697,969
Defense Electronics	340,976		335,041		326,337
Total consolidated net sales	$	2,407,522	$	2,209,289	$	1,977,918

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

	For the Years Ended September 30,
DEPRECIATION and AMORTIZATION	2020		2019		2018
Segment:
Consumer and Professional Products	$	32,788	$	32,289	$	30,816
Home and Building Products	18,361		18,334		13,717
Defense Electronics	10,645		10,667		10,801
Total segment depreciation and amortization	61,794		61,290		55,334
Corporate	615		558		469
Total consolidated depreciation and amortization	$	62,409	$	61,848	$	55,803
CAPITAL EXPENDITURES
Segment:
Consumer and Professional Products	$	23,321	$	17,828	$	23,040
Home and Building Products	17,499		16,498		13,547
Defense Electronics	7,830		10,492		10,941
Total segment	48,650		44,818		47,528
Corporate	348		543		2,610
Total consolidated capital expenditures	$	48,998	$	45,361	$	50,138

ASSETS	At September 30, 2020		At September 30, 2019
Segment assets:
Consumer and Professional Products	$	1,262,705	$	1,070,510
Home and Building Products	606,785		571,216
Defense Electronics	329,128		347,575
Total segment assets	2,198,618		1,989,301
Corporate	248,902		82,429
Total continuing assets	2,447,520		2,071,730
Assets of discontinued operations	8,497		3,209
Consolidated total	$	2,456,017	$	2,074,939

Disaggregation of Revenue

	For the Year Ended September 30, 2019
Revenue by Geographic Area - Destination	Consumer and Professional Products		Home and Building Products		Defense Electronics		Total
United States	$	690,772	$	820,396	$	226,095	$	1,737,263
Europe	63,284		109		36,915		100,308
Canada	72,327		39,472		10,568		122,367
Australia	165,291		16		3,712		169,019
All other countries	8,934		13,647		57,751		80,332
Consolidated revenue	$	1,000,608	$	873,640	$	335,041	$	2,209,289

Revenue from contracts with customers is disaggregated by end markets, segments and geographic location, as it more accurately depicts the nature and amount of the Company’s revenue.

	For the Year Ended September 30, 2020		For the Year Ended September 30, 2019
Residential repair and remodel	$	173,859	$	140,369
Retail	575,947		528,279
Residential new construction	59,907		58,709
Industrial	40,285		45,129
International excluding North America	289,235		228,122
Total Consumer and Professional Products	1,139,233		1,000,608
Residential repair and remodel	467,112		439,287
Commercial construction	354,916		335,339
Residential new construction	105,285		99,014
Total Home and Building Products	927,313		873,640
U.S. Government	222,537		211,405
International	100,623		105,705
Commercial	17,816		17,931
Total Defense Electronics	340,976		335,041
Total Consolidated Revenue	$	2,407,522	$	2,209,289

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

	For the Year Ended September 30, 2020
Revenue by Geographic Area - Destination	Consumer and Professional Products		Home and Building Products		Defense Electronics		Total
United States	$	769,100	$	877,115	$	234,382	$	1,880,597
Europe	85,339		130		38,353		123,822
Canada	74,072		38,662		12,043		124,777
Australia	203,012		—		1,882		204,894
All other countries	7,710		11,406		54,316		73,432
Consolidated revenue	$	1,139,233	$	927,313	$	340,976	$	2,407,522