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Property, Plant and Equipment | 12 Months Ended
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Feb. 27, 2021
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment | Property, Plant and Equipment
(In thousands) |  | 2021 |  | 2020
Land |  | $ | 3,607 |  |  | $ | 5,381 |
Buildings and improvements |  | 204,660 |  |  | 210,171 |
Machinery and equipment |  | 425,525 |  |  | 418,240 |
Office equipment and furniture |  | 68,516 |  |  | 60,409 |
Construction in progress |  | 13,750 |  |  | 17,496 |
Total property, plant and equipment |  | 716,058 |  |  | 711,697 |
Less accumulated depreciation |  | (417,615) |  |  | (387,311) |
Net property, plant and equipment |  | $ | 298,443 |  |  | $ | 324,386 |
Depreciation expense was $43.9 million, $36.1 million, and $37.1 million in fiscal 2021, 2020, and 2019, respectively. In September 2020, we sold a building in McCook, IL within our LSO segment for $25.1 million. The carrying value of the building was $4.3 million, and we recognized a gain on this sale of approximately $19.3 million, net of associated transaction costs, which is included as a reduction of selling, general and administrative expenses within our consolidated statements of operations. We entered into a separate operating lease agreement for this facility, which commenced in September 2020. Refer to Note 8 for related lease disclosures. During fiscal 2021, we closed seven facilities within our Architectural Framing Systems segment, exited certain leases for those facilities, and provided certain termination benefits to employees across the company, resulting in restructuring-related costs of $5.8 million, of which $5.2 million is included within cost of sales and $0.6 million is included within selling, general and administrative expenses within our consolidated statements of operations. Certain amounts associated with the restructuring expense incurred during fiscal 2021 are accrued as of year-end within accrued payroll and related costs and other current liabilities in the consolidated balance sheets, and are expected to be paid within the next fiscal year.
(In thousands) |  | Architectural Framing |  |  |  |  |  | Other |  | Total
Balance at February 29, 2020 |  | $ | — |  |  |  |  |  |  | $ | — |  |  | $ | — |
Restructuring expense |  | 5,281 |  |  |  |  |  |  | 554 |  |  | 5,835 |
Payments |  | (716) |  |  |  |  |  |  | (163) |  |  | (879) |
Other adjustments |  | (739) |  |  |  |  |  |  | — |  |  | (739) |
Balance at February 27, 2021 |  | $ | 3,826 |  |  |  |  |  |  | $ | 391 |  |  | $ | 4,217 |

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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