BUSINESS SEGMENTS (Tables)

3 Months Ended

Dec. 31, 2012

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Information on Griffon’s business segments is as follows (in thousands, except share and per share data):

	For the Three Months Ended December 31,
REVENUE	2012		2011
Home & Building Products:
ATT	$	77,309	$	98,741
CBP		112,867		111,647
Home & Building Products		190,176		210,388
Telephonics		96,050		104,513
Plastics		137,523		136,130
Total consolidated net sales	$	423,749	$	451,031
The following table reconciles segment operating profit to income before taxes:

INCOME BEFORE TAXES	For the Three Months Ended December 31,
Segment operating profit:	2012			2011
Home & Building Products	$	7,271		$	9,834
Telephonics		14,645			12,515
Plastics		2,642			1,880
Total segment operating profit		24,558			24,229
Net interest expense		(13,079	)		(13,000	)
Unallocated amounts		(7,587	)		(6,335	)
Loss on pension settlement		(2,142	)		—
Income before taxes	$	1,750		$	4,894

	For the Three Months Ended December 31,
	2012			2011
Segment adjusted EBITDA:
Home & Building Products	$	17,239		$	17,750
Telephonics		16,364			15,690
Plastics		9,319			8,180
Total Segment adjusted EBITDA		42,922			41,620
Net interest expense		(13,079	)		(13,000	)
Segment depreciation and amortization		(17,256	)		(15,418	)
Unallocated amounts		(7,587	)		(6,335	)
Restructuring charges		(1,108	)		(1,795	)
Acquisition costs		—			(178	)
Loss on pension settlement		(2,142	)		—
Income before taxes	$	1,750		$	4,894

	For the Three Months Ended December 31,
	2012		2011
DEPRECIATION and AMORTIZATION
Segment:
Home & Building Products	$	8,860	$	7,465
Telephonics		1,719		1,653
Plastics		6,677		6,300
Total segment depreciation and amortization		17,256		15,418
Corporate		101		97
Total consolidated depreciation and amortization	$	17,357	$	15,515
CAPITAL EXPENDITURES
Segment:
Home & Building Products	$	9,093	$	6,268
Telephonics		822		1,230
Plastics		7,368		12,328
Total segment		17,283		19,826
Corporate		5		66
Total consolidated capital expenditures	$	17,288	$	19,892

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following table provide reconciliation of segment assets (in thousands, except share and per share data):

	At December 31, 2012		At September 30, 2012
ASSETS
Segment assets:
Home & Building Products	$	947,570	$	943,766
Telephonics		263,305		255,420
Plastics		431,010		430,395
Total segment assets		1,641,885		1,629,581
Corporate		115,592		173,088
Total continuing assets		1,757,477		1,802,669
Assets of discontinued operations		3,369		3,523
Consolidated total	$	1,760,846	$	1,806,192