Note 22—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, 2020 and 2019 were:



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

The Randolph, MA and Pawtucket, RI locations were sold for gains of $1,791 and $760, respectively, during fiscal 2020. See Note 19 to the consolidated financial statements for additional information on the sale of the Randolph, MA and Pawtucket, RI properties during fiscal 2020.