XML 34 R24.htm IDEA: XBRL DOCUMENT
v3.20.2

WARRANTY LIABILITY | 9 Months Ended
--- | ---
Jun. 30, 2020
Product Warranties Disclosures [Abstract] |
WARRANTY LIABILITY | WARRANTY LIABILITY DE offers warranties against product defects for periods generally ranging from one to two years, depending on the specific product and terms of the customer purchase agreement. HBP also offers warranties against product defects for periods generally ranging from one to ten years, with limited lifetime warranties on certain door models. Typical warranties require CPP, HBP and DE to repair or replace the defective products during the warranty period at no cost to the customer. At the time revenue is recognized, Griffon records a liability for warranty costs, estimated based on historical experience, and periodically assesses its warranty obligations and adjusts the liability as necessary. CPP offers an express limited warranty for a period of ninety days on all products from the date of original purchase unless otherwise stated on the product or packaging from the date of original purchase. Changes in Griffon’s warranty liability, included in Accrued liabilities, were as follows:
| Three Months Ended June 30, |  | Nine Months Ended June 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Balance, beginning of period | $ | 7,789 |  |  | $ | 8,011 |  |  | $ | 7,894 |  |  | $ | 8,174 |
Warranties issued and changes in estimated pre-existing warranties | 5,773 |  |  | 3,780 |  |  | 14,000 |  |  | 12,541 |
Actual warranty costs incurred | (3,661 | ) |  | (4,063 | ) |  | (11,993 | ) |  | (12,987 | )
Balance, end of period | $ | 9,901 |  |  | $ | 7,728 |  |  | $ | 9,901 |  |  | $ | 7,728 |

X
- References No definition available. + Details
Name: | us-gaap_ProductWarrantiesDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for standard and extended product warranties and other product guarantee contracts, including a tabular reconciliation of the changes in the guarantor's aggregate product warranty liability for the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -URI http://asc.fasb.org/topic&trid=2155896 + Details
Name: | us-gaap_ProductWarrantyDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration