DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Dec. 31, 2022

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The following amounts related to Telephonics have been segregated from Griffon's continuing operations and are reported as a discontinued operation:

	For the Three Months Ended December 31, 2021
Revenue		$	53,993
Cost of goods and services		40,961
Gross profit		13,032
Selling, general and administrative expenses		10,020
Income from discontinued operations		3,012
Other income (expense)
Interest income, net		—
Other, net		308
Total other income (expense)		308
Income from discontinued operations before taxes		$	3,320
Provision for income taxes		726
Income from discontinued operations		$	2,594

The following amounts summarize the total assets and liabilities related to Telephonics, Installation Services and other discontinued activities which have been segregated from Griffon’s continuing operations, and are reported as assets and liabilities of discontinued operations in the Condensed Consolidated Balance Sheets:

	At December 31, 2022		At September 30, 2022
Assets of discontinued operations:
Prepaid and other current assets	$	1,122	$	1,189
Other long-term assets	4,571		4,586
Total assets of discontinued operations	$	5,693	$	5,775
Liabilities of discontinued operations:
Accrued liabilities, current	$	8,141	$	12,656
Other long-term liabilities	4,209		4,262
Total liabilities of discontinued operations	$	12,350	$	16,918