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REPORTABLE SEGMENTS (Tables) | 12 Months Ended
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Sep. 30, 2015
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following table provides a reconciliation of Segment adjusted EBITDA to Income (loss) before taxes and discontinued operations:
| For the Years Ended September 30,
| 2015 |  | 2014 |  | 2013
Segment adjusted EBITDA: |  |  |  |  |  |  |  |
Home & Building Products | $ | 94,226 |  |  | $ | 77,171 |  |  | $ | 70,064 |
Telephonics | 53,028 |  |  | 57,525 |  |  | 63,199 |
PPC | 57,103 |  |  | 56,291 |  |  | 48,100 |
Total Segment adjusted EBITDA | 204,357 |  |  | 190,987 |  |  | 181,363 |
Net interest expense | (47,872 | ) |  | (48,144 | ) |  | (52,167 | )
Segment depreciation and amortization | (69,331 | ) |  | (66,978 | ) |  | (70,306 | )
Unallocated amounts | (33,518 | ) |  | (33,394 | ) |  | (29,153 | )
Loss from debt extinguishment | — |  |  | (38,890 | ) |  | — |
Restructuring charges | — |  |  | (6,136 | ) |  | (13,262 | )
Acquisition costs | — |  |  | (3,161 | ) |  | — |
Loss on pension settlement | — |  |  | — |  |  | (2,142 | )
Income (loss) before taxes from continuing operations | $ | 53,636 |  |  | $ | (5,716 | ) |  | $ | 14,333 |
| For the Years Ended September 30,
DEPRECIATION and AMORTIZATION | 2015 |  | 2014 |  | 2013
Segment: |  |  |  |  |
Home & Building Products | $ | 35,343 |  |  | $ | 31,580 |  |  | $ | 36,195 |
Telephonics | 10,022 |  |  | 7,988 |  |  | 7,373 |
PPC | 23,966 |  |  | 27,410 |  |  | 26,738 |
Total segment depreciation and amortization | 69,331 |  |  | 66,978 |  |  | 70,306 |
Corporate | 469 |  |  | 418 |  |  | 442 |
Total consolidated depreciation and amortization | $ | 69,800 |  |  | $ | 67,396 |  |  | $ | 70,748 |
CAPITAL EXPENDITURES |  |  |  |  |  |  |  |
Segment: |  |  |  |  |  |  |  |
Home & Building Products | $ | 38,896 |  |  | $ | 33,779 |  |  | $ | 30,695 |
Telephonics | 6,347 |  |  | 20,963 |  |  | 11,112 |
PPC | 28,103 |  |  | 21,032 |  |  | 22,509 |
Total segment | 73,346 |  |  | 75,774 |  |  | 64,316 |
Corporate | 274 |  |  | 1,320 |  |  | 125 |
Total consolidated capital expenditures | $ | 73,620 |  |  | $ | 77,094 |  |  | $ | 64,441 |
Information on Griffon’s reportable segments is as follows:
| For the Years Ended September 30,
REVENUE | 2015 |  | 2014 |  | 2013
Home & Building Products: |  |  |  |  |  |  |  |
AMES | $ | 535,881 |  |  | $ | 503,687 |  |  | $ | 419,549 |
CBP | 516,320 |  |  | 475,756 |  |  | 435,416 |
Home & Building Products | 1,052,201 |  |  | 979,443 |  |  | 854,965 |
Telephonics | 431,090 |  |  | $ | 419,005 |  |  | $ | 453,351 |
PPC | 532,741 |  |  | $ | 593,363 |  |  | $ | 563,011 |
Total consolidated net sales | $ | 2,016,032 |  |  | $ | 1,991,811 |  |  | $ | 1,871,327 |
| For the Years Ended September 30,
INCOME (LOSS) BEFORE TAXES | 2015 |  | 2014 |  | 2013
Segment operating profit: |  |  |  |  |
Home & Building Products | $ | 58,883 |  |  | $ | 40,538 |  |  | $ | 26,130 |
Telephonics | 43,006 |  |  | 45,293 |  |  | 55,076 |
PPC | 33,137 |  |  | 28,881 |  |  | 16,589 |
Total segment operating profit | 135,026 |  |  | 114,712 |  |  | 97,795 |
Net interest expense | (47,872 | ) |  | (48,144 | ) |  | (52,167 | )
Unallocated amounts | (33,518 | ) |  | (33,394 | ) |  | (29,153 | )
Loss from debt extinguishment | — |  |  | (38,890 | ) |  | — |
Loss on pension settlement | — |  |  | — |  |  | (2,142 | )
Income (loss) before taxes from continuing operations | $ | 53,636 |  |  | $ | (5,716 | ) |  | $ | 14,333 |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis |
ASSETS | At September 30, 2015 |  | At September 30, 2014 |  | At September 30, 2013
Segment assets: |  |  |  |  |  |  |  |
Home & Building Products | $ | 1,034,032 |  |  | $ | 1,031,904 |  |  | $ | 897,215 |
Telephonics | 302,560 |  |  | 319,327 |  |  | 296,919 |
PPC | 343,519 |  |  | 389,464 |  |  | 422,730 |
Total segment assets | 1,680,111 |  |  | 1,740,695 |  |  | 1,616,864 |
Corporate | 47,831 |  |  | 64,381 |  |  | 156,455 |
Total continuing assets | 1,727,942 |  |  | 1,805,076 |  |  | 1,773,319 |
Assets of discontinued operations | 3,491 |  |  | 3,750 |  |  | 4,289 |
Consolidated total | $ | 1,731,433 |  |  | $ | 1,808,826 |  |  | $ | 1,777,608 |
Schedule Of Segment Information By Geographic Region | Segment information by geographic region was as follows:
| For the Years Ended September 30,
REVENUE BY GEOGRAPHIC AREA - DESTINATION | 2015 |  | 2014 |  | 2013
United States | $ | 1,383,775 |  |  | $ | 1,386,575 |  |  | $ | 1,319,740 |
Europe | 227,203 |  |  | 254,460 |  |  | 255,733 |
Canada | 132,133 |  |  | 134,637 |  |  | 114,984 |
Australia | 113,077 |  |  | 62,567 |  |  | 22,257 |
South America | 87,759 |  |  | 105,691 |  |  | 103,840 |
All other countries | 72,085 |  |  | 47,881 |  |  | 54,773 |
Consolidated revenue | $ | 2,016,032 |  |  | $ | 1,991,811 |  |  | $ | 1,871,327 |
| For the Years Ended September 30,
LONG-LIVED ASSETS BY GEOGRAPHIC AREA | 2015 |  | 2014 |  | 2013
United States | $ | 454,255 |  |  | $ | 439,737 |  |  | $ | 421,604 |
Germany | 66,367 |  |  | 74,457 |  |  | 82,314 |
Canada | 36,449 |  |  | 42,374 |  |  | 46,792 |
Australia | 22,136 |  |  | 28,155 |  |  | 4,309 |
All other countries | 14,602 |  |  | 19,465 |  |  | 19,965 |
Consolidated property, plant and equipment, net | $ | 593,809 |  |  | $ | 604,188 |  |  | $ | 574,984 |

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