DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Jun. 30, 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 June 30, 2022			For the Nine Months Ended June 30, 2022
Revenue		$	50,795	$	161,061
Cost of goods and services		39,059		125,208
Gross profit		11,736		35,853
Selling, general and administrative expenses		6,114		26,423
Income from discontinued operations		5,622		9,430
Other income (expense):
Interest income, net		—		2
Gain on sale of business		108,949		108,949
Other, net		(1,114)		(604)
Total other income (expense)		107,835		108,347
Income from discontinued operations before taxes		$	113,457	$	117,777
Provision for income taxes		25,952		20,149
Income from discontinued operations		$	87,505	$	97,628

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 June 30, 2023		At September 30, 2022
Assets of discontinued operations:
Prepaid and other current assets	$	984	$	1,189
Other long-term assets	4,141		4,586
Total assets of discontinued operations	$	5,125	$	5,775
Liabilities of discontinued operations:
Accrued liabilities, current	$	7,260	$	12,656
Other long-term liabilities	5,650		4,262
Total liabilities of discontinued operations	$	12,910	$	16,918