OTHER INCOME (EXPENSE)

6 Months Ended

Mar. 31, 2021

Other Income and Expenses [Abstract]

OTHER INCOME (EXPENSE)

OTHER INCOME (EXPENSE)

For the quarters ended March 31, 2021 and 2020, Other income (expense) of $847 and $615, respectively, includes $320 and $745, respectively, of net currency exchange gains in connection with the translation of receivables and payables denominated in currencies other than the functional currencies of Griffon and its subsidiaries, net periodic benefit plan income of $227 and $389, respectively, as well as $55 and $(230), respectively, of net investment income (loss).

For the six months ended March 31, 2021 and 2020, Other income (expense) of $806 and 1,393 includes $(379) and $369, respectively, of net currency exchange gains (losses) in connection with the translation of receivables and payables denominated in currencies other than the functional currencies of Griffon and its subsidiaries, net periodic benefit plan income of $454 and $778, respectively, as well as $386 and $(149), respectively, of net investment income (loss). Additionally, Other income (expense) also includes a one-time technology recognition award for $700.