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Stock Based Compensation Plans Stock Based Compensation Plans (Tables)
12 Months Ended
Jun. 28, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The risk-free interest rate is based on U.S. Treasury rates as of the date of grant with maturity dates approximately equal to the expected term at the grant date. The historical volatility of Avnet’s common stock is used as the basis for the volatility assumption. The Company estimates dividend yield based upon expectations of future dividends as of the grant date.
 
Years Ended
 
June 28,
2014
 
June 29,
2013
 
June 30,
2012
Expected term (years)
6.0

 
6.0

 
6.0

Risk-free interest rate
1.7
%
 
0.9
%
 
1.2
%
Weighted average volatility
34.3
%
 
35.0
%
 
33.7
%
Dividend yield
1.5
%
 
0.0
%
 
0.0
%
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding
The following is a summary of the changes in outstanding options for fiscal 2014:
 
Shares
 
Weighted
Average
Exercise Price
 
Weighted Average
Remaining
Contractual Life
Outstanding at June 29, 2013
2,579,188

 
$
26.65

 
70 Months
Granted
417,692

 
39.04

 
109 Months
Exercised
(1,185,004
)
 
24.65

 
40 Months
Forfeited or expired
(2,700
)
 
17.47

 
3 Months
Outstanding at June 28, 2014
1,809,176

 
$
30.84

 
81 Months
Exercisable at June 28, 2014
820,520

 
$
27.40

 
61 Months
Schedule of Nonvested Share Activity
The following is a summary of the changes in non-vested stock options for the fiscal year ended June 28, 2014:
 
Shares
 
Weighted
Average
Grant-Date
Fair Value
Non-vested stock options at June 29, 2013
944,290

 
$
10.21

Granted
417,692

 
11.45

Vested
(373,326
)
 
9.87

Forfeited

 

Non-vested stock options at June 28, 2014
988,656

 
$
10.86

Schedule Of Nonvested Incentive Share Activity
The following is a summary of the changes in non-vested restricted incentive shares for the fiscal year ended June 28, 2014:
 
Shares
 
Weighted
Average
Grant-Date
Fair Value
Non-vested restricted incentive shares at June 29, 2013
2,009,510

 
$
29.62

Granted
1,060,152

 
39.05

Vested
(972,420
)
 
31.33

Forfeited
(95,355
)
 
$
33.54

Non-vested restricted incentive shares at June 28, 2014
2,001,887

 
$
33.60