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Stock Based Compensation Plans (Tables)
12 Months Ended
Jun. 30, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Volatility assumption on the basis of Avnet's Stock
 
Years Ended
 
June 30,
2012
 
July 2,
2011
 
July 3,
2010
Expected term (years)
6.00

 
6.00

 
6.00

Risk-free interest rate
1.2
%
 
1.8
%
 
3.0
%
Weighted average volatility
33.7
%
 
33.7
%
 
34.3
%
Dividend yield

 

 

Summary of the changes in outstanding options
The following is a summary of the changes in outstanding options for fiscal 2012:
 
Shares
 
Weighted
Average
Exercise Price
 
Weighted Average
Remaining
Contractual Life
Outstanding at July 2, 2011
3,059,215

 
$
21.79

 
59 Months
Granted
332,476

 
$
27.94

 
109 Months
Exercised
(486,302
)
 
$
14.09

 
6 Months
Forfeited or expired
(23,471
)
 
$
23.90

 
73 Months
Outstanding at June 30, 2012
2,881,918

 
$
23.78

 
61 Months
Exercisable at June 30, 2012
1,994,623

 
$
22.69

 
45 Months
Summary of the changes in non-vested stock options
The following is a summary of the changes in non-vested stock options for the fiscal year ended June 30, 2012:
 
Shares
 
Weighted
Average
Grant-Date
Fair Value
Non-vested stock options at July 2, 2011
919,294

 
$
9.69

Granted
332,476

 
$
9.67

Vested
(345,254
)
 
$
10.43

Forfeited
(19,221
)
 
$
9.30

Non-vested stock options at June 30, 2012
887,295

 
$
9.41

Summary of the changes in non-vested incentive shares
The following is a summary of the changes in non-vested incentive shares for the fiscal year ended June 30, 2012:
 
Shares
 
Weighted
Average
Grant-Date
Fair Value
Non-vested incentive shares at July 2, 2011
1,414,784

 
$
26.47

Granted
1,114,510

 
$
27.94

Vested
(704,220
)
 
$
27.71

Forfeited
(75,555
)
 
$
26.38

Non-vested incentive shares at June 30, 2012
1,749,519

 
$
26.82