7.	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 fiscal years 2017 and 2016 were as follows (in thousands):

	2017			2016
Balance at beginning of year	$	21,039		$	5,459
Transfers in		4,099			23,201
Assets sold		(19,463	)		(7,496	)
Tangible asset impairment charges		(497	)		(125	)
Balance at end of the year	$	5,178		$	21,039

During fiscal year 2017, the Baltimore, Maryland distribution facility and another facility were sold for aggregate proceeds of $22 million, resulting in a $3 million gain. Additionally, an excess portion of a parcel of land, purchased earlier in the year, was transferred to assets held for sale, along with an operating facility that was closed due to the consolidation of operations into a recently acquired facility.

The Baltimore distribution facility and the facility acquired as part of the Cara Donna acquisition were closed and transferred to assets held for sale in fiscal year 2016. The Cara Donna facility was subsequently sold in the same year, along with the Fairmont, Minnesota and Lakeland, Florida facilities, for aggregate proceeds of $12 million, resulting in a $4 million gain.