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RESTRUCTURING CHARGES | 12 Months Ended
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Sep. 30, 2021
Restructuring and Related Activities [Abstract] |
RESTRUCTURING CHARGES | RESTRUCTURING CHARGES In November 2019, Griffon announced the development of a next-generation business platform for CPP to enhance the growth, efficiency, and competitiveness of its U.S. operations, and on November 12, 2020, Griffon announced that CPP is broadening this strategic initiative to include additional North American facilities, the AMES UK and Australia businesses, and a manufacturing facility in China. The expanded focus of this initiative leverages the same three key development areas being executed within our U.S. operations. First, certain AMES global operations will be consolidated to optimize facilities footprint and talent. Second, strategic investments in automation and facilities expansion will be made to increase the efficiency of our manufacturing and fulfillment operations, and support e-commerce growth. Third, multiple independent information systems will be unified into a single data and analytics platform, which will serve the whole AMES global enterprise. Expanding the roll-out of the new business platform from our AMES U.S. operations to include AMES’ global operations will extend the duration of the project by one year, with completion now expected by the end of calendar year 2023. When fully implemented, these actions will result in annual cash savings of $30,000 to $35,000 and a reduction in inventory of $30,000 to $35,000 both based on fiscal 2020 operating levels. The cost to implement this new business platform, over the duration of the project, will include one-time charges of approximately $65,000 and capital investments of approximately $65,000. The one-time charges are comprised of $46,000 of cash charges, which includes $26,000 of personnel-related costs such as training, severance, and duplicate personnel costs as well as $20,000 of facility and lease exit costs. The remaining $19,000 of charges are non-cash and are primarily related to asset write-downs. In the year ended September 30, 2021, CPP incurred pre-tax restructuring and related exit costs approximating $21,418. Cash charges totaled $14,763 and non-cash, asset-related charges totaled $6,655; the cash charges included $3,190 for one-time termination benefits and other personnel-related costs and $11,573 for facility and lease exit costs primarily driven by the consolidation of distribution facilities and system optimization. Non-cash charges of $6,655 predominantly related to inventory of $4,158 that have no recoverable value, and a $1,882 impairment charge related to machinery and equipment that have no recoverable value at one of the Company's owned manufacturing locations. In the year ended September 30, 2020, CPP incurred pre-tax restructuring and related exit costs approximating $13,669. Cash charges totaled $8,977 and non-cash, asset-related charges totaled $4,692; the cash charges included $5,620 for one-time termination benefits and other personnel-related costs and $3,357 for facility exit costs. Non-cash charges included a $1,968 impairment charge related to a facility’s operating lease as well as $671 of leasehold improvements made to the leased facility and $304 of inventory that have no recoverable value, and a $1,749 impairment charge related to machinery and equipment that have no recoverable value at one of the Company's owned manufacturing locations. Since inception of this initiative in fiscal 2020, total cumulative charges totaled $35,087, comprised of cash charges of $23,740 and non-cash, asset-related charges of $11,347; the cash charges included $8,810 for one-time termination benefits and other personnel-related costs and $14,930 for facility exit costs. As a result of these transactions, headcount was reduced by 400. A summary of the restructuring and other related charges included in Cost of goods and services and Selling, general and administrative expenses in the Company's Consolidated Statements of Operations were as follows:
| For the Year Ended
| September 30, 2021 |  | September 30, 2020
Cost of goods and services | $ | 7,923 |  |  | $ | 4,159 |
Selling, general and administrative expenses | 13,495 |  |  | 9,510 |
Total restructuring charges | $ | 21,418 |  |  | $ | 13,669 |
| For the Year Ended
| September 30, 2021 | September 30, 2020
Personnel related costs | $ | 3,190 |  | $ | 5,620 |
Facilities, exit costs and other | 11,573 |  | 3,357 |
Non-cash facility and other | 6,655 |  | 4,692 |
Total | $ | 21,418 |  | $ | 13,669 |
The following table summarizes the accrued liabilities of the Company's restructuring actions:
| Cash Charges |  | Cash Charges |  | Non Cash Charges |  |
| Personnel related costs |  | Facilities & Exit Costs |  | Facility and Other Costs |  | Total
Accrued liability at September 30, 2019 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Charges | 5,620 |  |  | 3,357 |  |  | 4,692 |  |  | 13,669 |
Payments | (5,039) |  |  | (3,093) |  |  | — |  |  | (8,132) |
Non-cash charges (1) | — |  |  | $ | — |  |  | (4,692) |  |  | (4,692) |
Accrued liability at September 30, 2020 | $ | 581 |  |  | $ | 264 |  |  | $ | — |  |  | $ | 845 |
Charges | 3,190 |  |  | 11,573 |  |  | 6,655 |  |  | 21,418 |
Payments | (3,353) |  |  | (11,573) |  |  | — |  |  | (14,926) |
Non-cash charges (1) | — |  |  |  |  | (6,655) |  |  | (6,655) |
Accrued liability at September 30, 2021 | $ | 418 |  |  | $ | 264 |  |  | $ | — |  |  | $ | 682 |
(1) Non-cash charges in Facility and Other Costs primarily represent the non-cash write-off of certain long-lived assets in connection with certain facility closures.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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