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Goodwill and intangible assets (Tables)
12 Months Ended
Jul. 02, 2016
Goodwill and intangible assets  
Change in goodwill balances by reportable segment

 

 

 

 

 

 

 

 

 

 

 

 

    

Electronics

    

Technology

    

 

 

 

 

 

Marketing

 

Solutions

 

Total

 

 

 

(Thousands)

 

Gross goodwill

 

$

1,684,216

 

$

974,274

 

$

2,658,490

 

Accumulated impairment

 

 

(1,045,110)

 

 

(334,624)

 

 

(1,379,734)

 

Carrying value at June 27, 2015

 

 

639,106

 

 

639,650

 

 

1,278,756

 

Additions

 

 

 —

 

 

24,413

 

 

24,413

 

Adjustments

 

 

 —

 

 

 —

 

 

 —

 

Foreign currency translation

 

 

(17,254)

 

 

(4,695)

 

 

(21,949)

 

Carrying value at July 2, 2016

 

$

621,852

 

$

659,368

 

$

1,281,220

 

Gross goodwill

 

$

1,666,962

 

$

993,992

 

$

2,660,954

 

Accumulated impairment

 

 

(1,045,110)

 

 

(334,624)

 

 

(1,379,734)

 

Carrying value at July 2, 2016

 

$

621,852

 

$

659,368

 

$

1,281,220

 

 

Company's identifiable acquired intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

July 2, 2016

 

June 27, 2015

 

 

 

Acquired

 

Accumulated

 

Net Book

 

 Acquired 

 

 Accumulated 

 

 Net Book 

 

 

    

Amount

    

Amortization

    

Value

    

Amount

    

Amortization

    

Value

 

 

 

(Thousands)

 

Customer related

 

$

211,169

 

$

(142,994)

 

$

68,175

 

$

276,921

 

$

(190,593)

 

$

86,328

 

Trade name

 

 

4,875

 

 

(2,731)

 

 

2,144

 

 

6,240

 

 

(3,792)

 

 

2,448

 

Other

 

 

12,356

 

 

(4,278)

 

 

8,078

 

 

12,309

 

 

(1,354)

 

 

10,955

 

 

 

$

228,400

 

$

(150,003)

 

$

78,397

 

$

295,470

 

$

(195,739)

 

$

99,731

 

 

Estimated future amortization expense

The following table presents the estimated future amortization expense for the next five fiscal years and thereafter (in thousands):

 

 

 

 

 

 

Fiscal Year

    

 

 

2017

 

 

26,897

 

2018

 

 

14,719

 

2019

 

 

13,277

 

2020

 

 

11,505

 

2021

 

 

7,132

 

Thereafter

 

 

4,867

 

Total

 

$

78,397