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Goodwill and intangible assets (Tables)
3 Months Ended
Oct. 01, 2016
Goodwill and intangible assets  
Change in goodwill balances by reportable segment

 

 

 

 

 

 

 

 

 

 

 

 

    

Electronics

    

Technology

    

 

 

 

 

 

Marketing

 

Solutions

 

Total

 

 

 

(Thousands)

 

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

 

Additions

 

 

 —

 

 

 —

 

 

 —

 

Adjustments

 

 

 —

 

 

 —

 

 

 —

 

Foreign currency translation

 

 

(1,002)

 

 

2,444

 

 

1,442

 

Carrying value at October 1, 2016

 

$

620,850

 

$

661,812

 

$

1,282,662

 

Gross goodwill

 

$

1,665,960

 

$

996,436

 

$

2,662,396

 

Accumulated impairment

 

 

(1,045,110)

 

 

(334,624)

 

 

(1,379,734)

 

Carrying value at October 1, 2016

 

$

620,850

 

$

661,812

 

$

1,282,662

 

 

Company's identifiable acquired intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

October 1, 2016

 

July 2, 2016

 

 

 

Acquired

 

Accumulated

 

Net Book

 

 Acquired 

 

 Accumulated 

 

 Net Book 

 

 

    

Amount

    

Amortization

    

Value

    

Amount

    

Amortization

    

Value

 

 

 

(Thousands)

 

Customer related

 

$

210,466

 

$

(149,278)

 

$

61,188

 

$

211,169

 

$

(142,994)

 

$

68,175

 

Trade name

 

 

3,773

 

 

(1,537)

 

 

2,236

 

 

4,875

 

 

(2,731)

 

 

2,144

 

Other

 

 

14,884

 

 

(5,914)

 

 

8,970

 

 

12,356

 

 

(4,278)

 

 

8,078

 

 

 

$

229,123

 

$

(156,729)

 

$

72,394

 

$

228,400

 

$

(150,003)

 

$

78,397

 

 

Estimated future amortization expense

The following table presents the estimated future amortization expense from continuing operations for the remainder of fiscal 2017, the next five fiscal years and thereafter (in thousands):

 

 

 

 

 

 

 

Fiscal Year

    

 

 

Remainder of fiscal 2017

 

 

6,592

 

2018

 

 

5,488

 

2019

 

 

4,071

 

2020

 

 

2,283

 

2021

 

 

848

 

Thereafter

 

 

1,541

 

Total

 

$

20,823