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REPORTABLE SEGMENTS (Tables) | 12 Months Ended
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Sep. 30, 2019
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following table provides a reconciliation of Segment Adjusted EBITDA to Income before taxes and discontinued operations:
| For the Years Ended September 30,
| 2019 |  | 2018 |  | 2017
Segment Adjusted EBITDA: |  |  |  |  |  |  |  |
Consumer and Professional Products | $ | 90,677 |  |  | $ | 77,061 |  |  | $ | 45,002 |
Home and Building Products | 120,161 |  |  | 100,339 |  |  | 81,764 |
Defense Electronics | 35,104 |  |  | 36,063 |  |  | 45,931 |
Segment Adjusted EBITDA | 245,942 |  |  | 213,463 |  |  | 172,697 |
Unallocated amounts, excluding depreciation | (46,302 | ) |  | (45,343 | ) |  | (41,918 | )
Net interest expense | (67,260 | ) |  | (63,871 | ) |  | (51,449 | )
Depreciation and amortization | (61,848 | ) |  | (55,803 | ) |  | (47,878 | )
Acquisition contingent consideration | 1,646 |  |  | — |  |  | — |
Acquisition costs | — |  |  | (7,597 | ) |  | (9,617 | )
Special dividend charges | — |  |  | (3,220 | ) |  | — |
Cost of life insurance benefit | — |  |  | (2,614 | ) |  | — |
Secondary equity offering costs | — |  |  | (1,205 | ) |  | — |
Contract settlement charges | — |  |  | — |  |  | (5,137 | )
Income before taxes from continuing operations | $ | 72,178 |  |  | $ | 33,810 |  |  | $ | 16,698 |
Information on Griffon’s reportable segments from continuing operations is as follows:
| For the Years Ended September 30,
REVENUE | 2019 |  | 2018 |  | 2017
Consumer and Professional Products | $ | 1,000,608 |  |  | $ | 953,612 |  |  | $ | 545,269 |
Home and Building Products | 873,640 |  |  | 697,969 |  |  | 568,001 |
Defense Electronics | 335,041 |  |  | 326,337 |  |  | 411,727 |
Total consolidated net sales | $ | 2,209,289 |  |  | $ | 1,977,918 |  |  | $ | 1,524,997 |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis |
| For the Years Ended September 30,
DEPRECIATION and AMORTIZATION | 2019 |  | 2018 |  | 2017
Segment: |  |  |  |  |
Consumer and Professional Products | $ | 32,289 |  |  | $ | 30,816 |  |  | $ | 25,207 |
Home and Building Products | 18,334 |  |  | 13,717 |  |  | 11,340 |
Defense Electronics | 10,667 |  |  | 10,801 |  |  | 10,851 |
Total segment depreciation and amortization | 61,290 |  |  | 55,334 |  |  | 47,398 |
Corporate | 558 |  |  | 469 |  |  | 480 |
Total consolidated depreciation and amortization | $ | 61,848 |  |  | $ | 55,803 |  |  | $ | 47,878 |
CAPITAL EXPENDITURES |  |  |  |  |  |  |  |
Segment: |  |  |  |  |  |  |  |
Consumer and Professional Products | $ | 17,828 |  |  | $ | 23,040 |  |  | $ | 14,259 |
Home and Building Products | 16,498 |  |  | 13,547 |  |  | 10,217 |
Defense Electronics | 10,492 |  |  | 10,941 |  |  | 8,204 |
Total segment | 44,818 |  |  | 47,528 |  |  | 32,680 |
Corporate | 543 |  |  | 2,610 |  |  | 2,257 |
Total consolidated capital expenditures | $ | 45,361 |  |  | $ | 50,138 |  |  | $ | 34,937 |
ASSETS | At September 30, 2019 |  | At September 30, 2018 |  | At September 30, 2017
Segment assets: |  |  |  |  |  |  |  |
Consumer and Professional Products | $ | 1,070,510 |  |  | $ | 1,221,143 |  |  | $ | 879,452 |
Home and Building Products | 571,216 |  |  | 410,488 |  |  | 204,651 |
Defense Electronics | 347,575 |  |  | 346,907 |  |  | 343,445 |
Total segment assets | 1,989,301 |  |  | 1,978,538 |  |  | 1,427,548 |
Corporate | 82,429 |  |  | 103,112 |  |  | 71,980 |
Total continuing assets | 2,071,730 |  |  | 2,081,650 |  |  | 1,499,528 |
Assets of discontinued operations | 3,209 |  |  | 3,240 |  |  | 374,013 |
Consolidated total | $ | 2,074,939 |  |  | $ | 2,084,890 |  |  | $ | 1,873,541 |
Disaggregation of Revenue |
| For the Year Ended September 30, 2019
Residential repair and remodel | $ | 140,369 |
Retail | 528,279 |
Residential new construction | 58,709 |
Industrial | 45,129 |
International excluding North America | 228,122 |
Total Consumer and Professional Products | 1,000,608 |
Residential repair and remodel | 439,287 |
Commercial construction | 335,339 |
Residential new construction | 99,014 |
Total Home and Building Products | 873,640 |
U.S. Government | 211,405 |
International | 105,705 |
Commercial | 17,931 |
Total Defense Electronics | 335,041 |
Total Consolidated Revenue | $ | 2,209,289 |
The following table presents revenue disaggregated by geography based on the location of the Company's customer:
| For the Year Ended September 30, 2019
Revenue by Geographic Area - Destination | Consumer and Professional Products | Home and Building Products | Defense Electronics | Total
United States | $ | 690,772 |  | $ | 820,396 |  | $ | 226,095 |  | $ | 1,737,263 |
Europe | 63,284 |  | 109 |  | 36,915 |  | 100,308 |
Canada | 72,327 |  | $ | 39,472 |  | 10,568 |  | 122,367 |
Australia | 165,291 |  | 16 |  | 3,712 |  | 169,019 |
All other countries | 8,934 |  | $ | 13,647 |  | 57,751 |  | 80,332 |
Consolidated revenue | $ | 1,000,608 |  | $ | 873,640 |  | $ | 335,041 |  | $ | 2,209,289 |
Schedule Of Segment Information By Geographic Region | Segment information by geographic region for 2018 and 2017 was as follows:
| For the Years Ended September 30,
REVENUE BY GEOGRAPHIC AREA - DESTINATION | 2018 |  | 2017
United States | $ | 1,521,187 |  |  | $ | 1,164,958 |
Europe | 102,814 |  |  | 67,048 |
Canada | 123,341 |  |  | 106,080 |
Australia | 166,980 |  |  | 124,757 |
All other countries | 63,596 |  |  | 62,154 |
Consolidated revenue | $ | 1,977,918 |  |  | $ | 1,524,997 |
Long-lived Assets by Geographic Areas |
| For the Years Ended September 30,
LONG-LIVED ASSETS BY GEOGRAPHIC AREA | 2019 |  | 2018 |  | 2017
United States | $ | 576,930 |  |  | $ | 612,294 |  |  | $ | 358,795 |
Canada | 32,013 |  |  | 33,884 |  |  | 36,383 |
Australia | 30,228 |  |  | 33,288 |  |  | 35,917 |
United Kingdom | 46,550 |  |  | 24,892 |  |  | 4,144 |
Mexico | 6,876 |  |  | 7,017 |  |  | — |
All other countries | 1,368 |  |  | 1,975 |  |  | 2,023 |
Consolidated long-lived assets, net | $ | 693,965 |  |  | $ | 713,350 |  |  | $ | 437,262 |

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