Note 14 — 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 February 29, 2020 and August 31, 2019 were:



	February 29, 2020		August 31, 2019
Pawtucket, RI - Property, plant and equipment	$	1,050	$	1,050
Randolph, MA - Property		14		14
Total	$	1,064	$	1,064

See Note 15 to the condensed consolidated financial statements for additional information on the Pawtucket, RI location assets held as of February 29, 2020. The Company completed the sale of its Pawtucket, RI location to a third-party in April 2020, subsequent to the second fiscal quarter, for net proceeds totaling $1,810.