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Goodwill and intangible assets (Tables)
9 Months Ended
Mar. 28, 2015
Goodwill and intangible assets  
Change in goodwill balances by reportable segment

 

 

 

 

 

 

 

 

 

 

 

 

    

Electronics

    

Technology

    

 

 

 

 

 

Marketing

 

Solutions

 

Total

 

 

 

(Thousands)

 

Gross goodwill

 

$

1,713,567 

 

$

1,014,635 

 

$

2,728,202 

 

Accumulated impairment

 

 

(1,045,110)

 

 

(334,624)

 

 

(1,379,734)

 

Carrying value at June 28, 2014

 

 

668,457 

 

 

680,011 

 

 

1,348,468 

 

Adjustments

 

 

561 

 

 

 

 

569 

 

Foreign currency translation

 

 

(41,276)

 

 

(45,228)

 

 

(86,504)

 

Carrying value at March 28, 2015

 

$

627,742 

 

$

634,791 

 

$

1,262,533 

 

 

 

 

 

 

 

 

 

 

 

 

Gross goodwill

 

$

1,672,852 

 

$

969,415 

 

$

2,642,267 

 

Accumulated impairment

 

 

(1,045,110)

 

 

(334,624)

 

 

(1,379,734)

 

Carrying value at March 28, 2015

 

$

627,742 

 

$

634,791 

 

$

1,262,533 

 

 

Company's identifiable acquired intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 28, 2015

 

June 28, 2014

 

 

 

Acquired

 

Accumulated

 

Net Book

 

 Acquired 

 

 Accumulated 

 

 Net Book 

 

 

    

Amount

    

Amortization

    

Value

    

Amount

    

Amortization

    

Value

 

 

 

(Thousands)

 

Customer related

 

$

291,236 

 

$

(172,958)

 

$

118,278 

 

$

319,496 

 

$

(155,604)

 

$

163,892 

 

Trade name

 

 

5,187 

 

 

(1,570)

 

 

3,617 

 

 

5,993 

 

 

(1,555)

 

 

4,438 

 

Other

 

 

15,686 

 

 

(2,744)

 

 

12,942 

 

 

18,833 

 

 

(2,855)

 

 

15,978 

 

 

 

$

312,109 

 

$

(177,272)

 

$

134,837 

 

$

344,322 

 

$

(160,014)

 

$

184,308 

 

 

Estimated future amortization expense

The following table presents the estimated future amortization expense for the remainder of fiscal 2015, the next five fiscal years and thereafter (in thousands):

 

 

 

 

 

 

 

Fiscal Year

    

 

 

Remainder of fiscal 2015

 

$

10,841 

 

2016

 

 

31,373 

 

2017

 

 

29,587 

 

2018

 

 

21,165 

 

2019

 

 

17,688 

 

2020

 

 

15,461 

 

Thereafter

 

 

8,722 

 

Total

 

$

134,837