Property and Equipment

6 Months Ended

Mar. 29, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment consisted of the following:

	Balance at
	March 29, 2020		September 29, 2019
	(in thousands)
Equipment, furniture and fixtures	$	112,803	$	114,652
Leasehold improvements	33,495		34,881
Land and buildings	378		371
Total property and equipment	146,676		149,904
Accumulated depreciation	(111,190)		(110,463)
Property and equipment, net	$	35,486	$	39,441

The depreciation expense related to property and equipment was $3.1 million and $6.4 million for the three and six months ended March 29, 2020, respectively, compared to $4.2 million and $8.5 million for the prior-year periods. We classified $4.1 million and $5.4 million of net assets as held-for-sale and reported them as "Prepaid expenses and other current assets" on our consolidated balance sheets as of March 29, 2020 and September 29, 2019, respectively, related to the disposal of our Canadian turn-key pipeline activities. The $1.3 million decline was due to the sales of these held-for-sale assets during the first half of fiscal 2020, which resulted in a net gain of $3.0 million.