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OTHER INCOME (EXPENSE) | 9 Months Ended
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Jun. 30, 2020
Other Income and Expenses [Abstract] |
OTHER INCOME (EXPENSE) | OTHER INCOME (EXPENSE) For the quarters ended June 30, 2020 and 2019, Other income (expense) includes $72 and $150, respectively, of net currency exchange gains (losses) in connection with the translation of receivables and payables denominated in currencies other than the functional currencies of Griffon and its subsidiaries, net periodic benefit plan income of $392 and $787, respectively, as well as $294 and $(14), respectively, of net investment (loss) income. For the nine months ended June 30, 2020 and 2019, Other income (expense) includes $441 and $535, respectively, of net currency exchange gains (losses) in connection with the translation of receivables and payables denominated in currencies other than the functional currencies of Griffon and its subsidiaries, net periodic benefit plan income of $1,170 and $2,361, respectively, as well as $145 and $18, respectively, of net investment (loss) income. During the nine months ended June 30, 2020, Other income (expense) also includes a one-time contract award of $700.

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 720 -URI http://asc.fasb.org/topic&trid=2122503 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -URI http://asc.fasb.org/topic&trid=49130413 + Details
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