v2.4.0.8
REPORTABLE SEGMENTS (Tables)
|
12 Months Ended |
|
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: | | | | | | | | | | | | | | | | 2014 | | 2013 | | 2012 | Segment adjusted EBITDA: | |
| | |
| | |
| Home & Building Products | $ | 77,171 |
| | $ | 70,064 |
| | $ | 70,467 |
| Telephonics | 57,525 |
| | 63,199 |
| | 60,565 |
| Plastics | 56,291 |
| | 48,100 |
| | 40,000 |
| Total Segment adjusted EBITDA | 190,987 |
| | 181,363 |
| | 171,032 |
| Net interest expense | (48,144 | ) | | (52,167 | ) | | (51,715 | ) | Segment depreciation and amortization | (66,978 | ) | | (70,306 | ) | | (65,864 | ) | Unallocated amounts | (33,394 | ) | | (29,153 | ) | | (26,346 | ) | Loss from debt extinguishment | (38,890 | ) | | — |
| | — |
| Restructuring charges | (6,136 | ) | | (13,262 | ) | | (4,689 | ) | Acquisition costs | (3,161 | ) | | — |
| | (477 | ) | Loss on pension settlement | — |
| | (2,142 | ) | | — |
| Income (loss) before taxes from continuing operations | $ | (5,716 | ) | | $ | 14,333 |
| | $ | 21,941 |
|
| | | | | | | | | | | | | | For the Years Ended September 30, | DEPRECIATION and AMORTIZATION | 2014 | | 2013 | | 2012 | Segment: | | | | | | Home & Building Products | 31,580 |
| | $ | 36,195 |
| | $ | 32,034 |
| Telephonics | 7,988 |
| | 7,373 |
| | 7,518 |
| Plastics | 27,410 |
| | 26,738 |
| | 26,312 |
| Total segment depreciation and amortization | 66,978 |
| | 70,306 |
| | 65,864 |
| Corporate | 418 |
| | 442 |
| | 400 |
| Total consolidated depreciation and amortization | 67,396 |
| | $ | 70,748 |
| | $ | 66,264 |
| | | | | | | CAPITAL EXPENDITURES | |
| | |
| | |
| Segment: | |
| | |
| | |
| Home & Building Products | $ | 33,779 |
| | $ | 30,695 |
| | $ | 24,648 |
| Telephonics | 20,963 |
| | 11,112 |
| | 11,979 |
| Plastics | 21,032 |
| | 22,509 |
| | 32,069 |
| Total segment | 75,774 |
| | 64,316 |
| | 68,696 |
| Corporate | 1,320 |
| | 125 |
| | 155 |
| Total consolidated capital expenditures | $ | 77,094 |
| | $ | 64,441 |
| | $ | 68,851 |
|
Information on Griffon’s reportable segments is as follows: | | | | | | | | | | | | | | For the Years Ended September 30, | REVENUE | 2014 | | 2013 | | 2012 | Home & Building Products: | |
| | |
| | |
| AMES | $ | 503,687 |
| | $ | 419,549 |
| | $ | 433,866 |
| CBP | 475,756 |
| | 435,416 |
| | 422,674 |
| Home & Building Products | 979,443 |
| | 854,965 |
| | 856,540 |
| Telephonics | 419,005 |
| | 453,351 |
| | 441,503 |
| Plastics | 593,363 |
| | 563,011 |
| | 563,102 |
| Total consolidated net sales | $ | 1,991,811 |
| | $ | 1,871,327 |
| | $ | 1,861,145 |
|
| | | | | | | | | | | | | | For the Years Ended September 30, | INCOME (LOSS) BEFORE TAXES | 2014 | | 2013 | | 2012 | Segment operating profit: | | | | | | Home & Building Products | $ | 40,538 |
| | $ | 26,130 |
| | $ | 37,082 |
| Telephonics | 45,293 |
| | 55,076 |
| | 49,232 |
| Plastics | 28,881 |
| | 16,589 |
| | 13,688 |
| Total segment operating profit | 114,712 |
| | 97,795 |
| | 100,002 |
| Net interest expense | (48,144 | ) | | (52,167 | ) | | (51,715 | ) | Unallocated amounts | (33,394 | ) | | (29,153 | ) | | (26,346 | ) | Loss from debt extinguishment | (38,890 | ) | | — |
| | — |
| Loss on pension settlement | — |
| | (2,142 | ) | | — |
| Income (loss) before taxes from continuing operations | $ | (5,716 | ) | | $ | 14,333 |
| | $ | 21,941 |
|
|
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis |
| | | | | | | | | | | | | ASSETS | | | | | | Segment assets: | |
| | |
| | |
| Home & Building Products | $ | 1,030,005 |
| | $ | 897,215 |
| | $ | 940,495 |
| Telephonics | 319,327 |
| | 296,919 |
| | 255,420 |
| Plastics | 389,464 |
| | 422,730 |
| | 430,395 |
| Total segment assets | 1,738,796 |
| | 1,616,864 |
| | 1,626,310 |
| Corporate | 77,814 |
| | 156,455 |
| | 173,088 |
| Total continuing assets | 1,816,610 |
| | 1,773,319 |
| | 1,799,398 |
| Assets of discontinued operations | 3,751 |
| | 4,289 |
| | 3,523 |
| Consolidated total | $ | 1,820,361 |
| | $ | 1,777,608 |
| | $ | 1,802,921 |
|
|
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 | 2014 | | 2013 | | 2012 | United States | $ | 1,386,575 |
| | $ | 1,319,740 |
| | $ | 1,317,911 |
| Europe | 254,460 |
| | 255,733 |
| | 255,323 |
| Canada | 134,637 |
| | 114,984 |
| | 120,457 |
| South America | 105,691 |
| | 103,840 |
| | 93,243 |
| All other countries | 110,448 |
| | 77,030 |
| | 74,211 |
| Consolidated revenue | $ | 1,991,811 |
| | $ | 1,871,327 |
| | $ | 1,861,145 |
| | | | | | | | For the Years Ended September 30, | LONG-LIVED ASSETS BY GEOGRAPHIC AREA | 2014 | | 2013 | | 2012 | United States | $ | 439,737 |
| | $ | 421,604 |
| | $ | 422,647 |
| Germany | 74,457 |
| | 82,314 |
| | 84,480 |
| Canada | 42,374 |
| | 46,792 |
| | 50,894 |
| All other countries | 47,620 |
| | 24,274 |
| | 29,331 |
| Consolidated property, plant and equipment, net | $ | 604,188 |
| | $ | 574,984 |
| | $ | 587,352 |
|
|
X |
- Definition
Tabular disclosure for segment information by geographic region.
+ References+ Details
Name: |
gff_ScheduleOfSegmentInformationByGeographicRegionTableTextBlock |
Namespace Prefix: |
gff_ |
Data Type: |
nonnum:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Definition
Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).
+ References+ Details
Name: |
us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
nonnum:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Definition
Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.
+ References+ Details
Name: |
us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
nonnum:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_SegmentReportingAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
|