Valuation And Qualifying Acccounts

12 Months Ended

Jun. 27, 2015

SCHEDULE II

AVNET, INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

Years Ended June 27, 2015, June 28, 2014 and June 29, 2013


	Balance at		Charged to			Charged to						Balance at
	Beginning of		Expense			Other						End of
Account Description	Period		(Income)			Accounts			Deductions			Period
	(Thousands)
Fiscal 2015
Allowance for doubtful accounts	$	96,382	$	20,084		$	—		$	(35,745)	(a)	$	80,721
Valuation allowance on foreign tax loss carry-forwards		182,123		(37,564)	(b)		(33,178)	(c)		—			111,381
Fiscal 2014
Allowance for doubtful accounts		95,656		17,943			—			(17,217)	(a)		96,382
Valuation allowance on foreign tax loss carry-forwards		230,821		(52,719)	(d)		4,021	(e)		—			182,123
Fiscal 2013
Allowance for doubtful accounts		106,319		30,802			—			(41,465)	(a)		95,656
Valuation allowance on foreign tax loss carry-forwards		244,093		(41,572)	(f)		28,300	(g)		—			230,821

(a)

Uncollectible receivables written off.

(b)

Represents a reduction primarily due to the release of a valuation allowance in EMEA, of which $60.8 million impacted the effective tax rate offset by $9.2 million, which impacted deferred taxes associated with the release of the valuation allowance.

(c)

Primarily related to impact of foreign currency exchange rates on valuation allowances previously established in various foreign jurisdictions.

(d)

Represents a reduction primarily due to the release of a valuation allowance in EMEA, of which $39.6 million impacted the effective tax rate offset by $6.0 million, which impacted deferred taxes associated with the release of the valuation allowance.

(e)

Primarily related to rate changes on valuation allowances previously established in various foreign jurisdictions.

(f)

Represents a reduction primarily due to the release of a valuation allowance in EMEA, of which $31.9 million impacted the effective tax rate offset by $4.8 million, which impacted deferred taxes associated with the release of the valuation allowance.

(g)

Primarily related to additional valuation allowances for newly acquired companies and companies with a history of losses.