During the third quarter of fiscal 2020, we completed the sale of our Lender's^® bagel business for net proceeds of $33.2 million, subject to final working capital adjustments. The business results were previously reported primarily in our Refrigerated & Frozen segment, and to a lesser extent within our Foodservice segment.

In connection with the sale of our Lender's^® bagel business, we recognized an impairment charge of $27.6 million within SG&A expenses in the second quarter of fiscal 2020.

The assets and liabilities classified as held for sale reflected in our Consolidated Balance Sheets related to the Lender's^® bagel business were as follows:

	May 26, 2019
Current assets	$	5.4
Noncurrent assets (including goodwill of $19.3 million)		62.3
Current liabilities		0.5

During the second quarter of fiscal 2020, we completed the sale of our Direct Store Delivery ("DSD") snacks business for net proceeds of $137.5 million, including final working capital adjustments. The business results were previously reported in our Grocery & Snacks segment.

In connection with the sale of our DSD snacks business, we recognized an impairment charge of $31.4 million within SG&A expenses in the first quarter of fiscal 2020.

The assets and liabilities classified as held for sale reflected in our Consolidated Balance Sheets related to the DSD snacks business were as follows:

	May 26, 2019
Current assets	$	21.4
Noncurrent assets (including goodwill of $34.6 million)		156.2
Current liabilities		4.6

On November 9, 2016, we completed the spinoff of our Lamb Weston business. As of such date, we did not beneficially own any equity interest in Lamb Weston and no longer consolidated Lamb Weston into our financial results. Included within discontinued operations during fiscal 2019 and 2018 was an after-tax loss of $2.8 million and after-tax income of $14.3 million, respectively, due primarily to income tax adjustments.

We entered into a transition services agreement in connection with the Lamb Weston Spinoff and recognized $2.2 million of income for the performance of services during fiscal 2018, classified within SG&A expenses.

On February 1, 2016, we completed the disposition of our Private Brands operations to TreeHouse Foods, Inc. ("TreeHouse"). Included within discontinued operations during fiscal 2019 and 2018 was after-tax income of $0.9 million and an after-tax loss of $0.1 million, respectively, related to the Private Brands operations. We entered into a transition services agreement with TreeHouse and recognized $2.2 million of income for the performance of services during fiscal 2018, classified within SG&A expenses.

During the third quarter of fiscal 2020, we completed the sale of our peanut butter manufacturing facility in Streator, Illinois. The sale was part of a broader initiative to optimize the Company's peanut butter business, which also included the decision to exit the manufacture and sale of private label peanut butter. The business results were previously reported primarily in our Grocery & Snacks segment, and to a lesser extent within our Foodservice segment. We received net proceeds of $24.8 million, subject to final working capital adjustments.

In connection with this divestiture, we recognized impairment charges of $23.0 million within SG&A expenses in the first half of fiscal 2020. These charges have been included in restructuring activities.

The assets held for sale reflected in our Consolidated Balance Sheets related to the exit of our private label peanut butter business were as follows:

	May 26, 2019
Current assets	$	9.9
Noncurrent assets (including goodwill of $10.3 million at May 26, 2019)		35.7

During the fourth quarter of fiscal 2019, we completed the sale of our Italian-based frozen pasta business, Gelit, for proceeds net of cash divested of $80.1 million, including final working capital adjustments. The business results were previously reported primarily in our Refrigerated & Frozen segment. We recognized a gain on the sale of $23.1 million included within SG&A expenses.

During the fourth quarter of fiscal 2019, we completed the sale of our Wesson^® oil business for net proceeds of $168.3 million, including final working capital adjustments. The business results were previously reported primarily in our Grocery & Snacks segment, and to a lesser extent within the Foodservice and International segments. We recognized a gain on the sale of $33.1 million included within SG&A expenses.

During the first quarter of fiscal 2019, we completed the sale of our Del Monte^® processed fruit and vegetable business in Canada, which was previously reported in our International segment, for combined proceeds of $32.2 million. We recognized a gain on the sale of $13.2 million, included within SG&A expenses.

From time to time, we actively market certain other assets. Balances totaling $3.1 million and $8.2 million at May 31, 2020 and May 26, 2019, respectively, have been reclassified as noncurrent assets held for sale within our Consolidated Balance Sheets for periods prior to the disposal of these individual asset groups.