Assets Held for Sale

12 Months Ended

Aug. 31, 2019

Assets Held for Sale

Assets Held for Sale

Note 27—Assets Held for Sale

The Company periodically reviews long-lived assets against its plans to retain or ultimately dispose of these assets. If the Company decides to dispose of an asset and commits to a plan to actively market and sell the asset, it will be moved to assets held for sale. The Company analyzes market conditions each reporting period, and, if applicable, records additional impairments due to declines in market values of like assets. The fair value of the asset is determined by observable inputs such as appraisals and prices of comparable assets in active markets for assets like the Company's. Gains are not recognized until the assets are sold. 

Assets held for sale as of August 31, 2019 and 2018 were:

	August 31, 2019		August 31, 2018
Pawtucket, RI - Property, plant and equipment	$	1,050	$	—
Randolph, MA - Property		14		14
Total	$	1,064	$	14

See Note 20 to the consolidated financial statements for additional information on the Pawtucket, RI and Randolph, MA locations assets held for sale as of August 31, 2019.