Assets Held for Sale

6 Months Ended

Jul. 01, 2017

6.	ASSETS HELD FOR SALE

The Company classifies its closed facilities as Assets held for sale at the time management commits to a plan to sell the facility, the facility is actively marketed and available for immediate sale, and the sale is expected to be completed within one year. Due to market conditions, certain facilities may be classified as Assets held for sale for more than one year as the Company continues to actively market the facilities at reasonable prices.

The changes in Assets held for sale for the 26-weeks ended July 1, 2017 were as follows (in thousands):

Balance at December 31, 2016	$	21,039
Transfers in		599
Balance at July 1, 2017	$	21,638

During the second quarter of 2017, an operating facility was closed and reclassified into Assets held for sale. Operations of the closed facility were transferred to a recently acquired facility.