XML 46 R30.htm IDEA: XBRL DOCUMENT v3.22.2.2
SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS
12 Months Ended
Sep. 30, 2022
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS
SCHEDULE II

GRIFFON CORPORATION

VALUATION AND QUALIFYING ACCOUNTS
For the Years Ended September 30, 2022, 2021 and 2020
(in thousands)

DescriptionBalance at
Beginning of
 Year
AdditionsReductionsOther (1)Balance at
End of Year
FOR THE YEAR ENDED SEPTEMBER 30, 2022    
Allowance for Doubtful Accounts$8,787 $1,172 $(251)$2,429 $12,137 
Inventory valuation$31,605 $4,725 $(14,103)$648 $22,875 
Deferred tax valuation allowance$10,425 $4,330 $(1,265)$— $13,490 
FOR THE YEAR ENDED SEPTEMBER 30, 2021    
Allowance for Doubtful Accounts$8,178 $795 $(393)$207 $8,787 
Inventory valuation$18,903 $24,400 $(12,099)$401 $31,605 
Deferred tax valuation allowance$9,824 $601 $— $— $10,425 
FOR THE YEAR ENDED SEPTEMBER 30, 2020    
Allowance for Doubtful Accounts     
Allowance for Doubtful Accounts$7,588 $5,175 $(4,584)$(1)$8,178 
Inventory valuation$15,218 $6,771 $(3,412)$326 $18,903 
Deferred tax valuation allowance$10,823 $— $(999)$— $9,824 
Note (1): For the year ended September 30, 2022, Other primarily consists of foreign currency and opening balances of reserves assumed from the Hunter acquisition. See Note 6 for the detail on the Allowance for Doubtful Accounts.