DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Mar. 31, 2023

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 March 31, 2022			For the Six Months Ended March 31, 2022
Revenue		$	56,273	$	110,266
Cost of goods and services		45,188		86,149
Gross profit		11,085		24,117
Selling, general and administrative expenses		10,289		20,309
Income from discontinued operations		796		3,808
Other income (expense)
Interest income, net		2		2
Other, net		202		510
Total other income (expense)		204		512
Income from discontinued operations before taxes		$	1,000	$	4,320
Provision for income taxes		(6,529)		(5,803)
Income from discontinued operations		$	7,529	$	10,123

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 March 31, 2023		At September 30, 2022
Assets of discontinued operations:
Prepaid and other current assets	$	1,004	$	1,189
Other long-term assets	4,188		4,586
Total assets of discontinued operations	$	5,192	$	5,775
Liabilities of discontinued operations:
Accrued liabilities, current	$	7,460	$	12,656
Other long-term liabilities	5,720		4,262
Total liabilities of discontinued operations	$	13,180	$	16,918