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Goodwill and intangible assets (Tables)
6 Months Ended
Dec. 31, 2016
Goodwill and intangible assets  
Change in goodwill balances by reportable segment

 

 

 

 

 

 

    

Electronics

    

 

 

Marketing

 

 

 

(Thousands)

 

Gross goodwill

 

$

1,666,962

 

Accumulated impairment

 

 

(1,045,110)

 

Carrying value at July 2, 2016

 

 

621,852

 

Acquisitions

 

 

479,499

 

Adjustments

 

 

 —

 

Foreign currency translation

 

 

(2,880)

 

Carrying value at December 31, 2016

 

$

1,098,471

 

Gross goodwill

 

$

2,143,581

 

Accumulated impairment

 

 

(1,045,110)

 

Carrying value at December 31, 2016

 

$

1,098,471

 

 

Company's identifiable acquired intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

July 2, 2016

 

 

 

Acquired

 

Accumulated

 

Net Book

 

 Acquired 

 

 Accumulated 

 

 Net Book 

 

 

    

Amount

    

Amortization

    

Value

    

Amount

    

Amortization

    

Value

 

 

 

(Thousands)

 

Customer related

 

$

50,505

 

$

(37,587)

 

$

12,918

 

$

47,980

 

$

(34,515)

 

$

13,465

 

PF acquired intangibles (Note 2)

 

 

283,482

 

 

(7,755)

 

 

275,727

 

 

 —

 

 

 —

 

 

 —

 

Trade name

 

 

2,163

 

 

(1,406)

 

 

757

 

 

3,746

 

 

(2,718)

 

 

1,028

 

Other

 

 

11,667

 

 

(5,011)

 

 

6,656

 

 

12,356

 

 

(4,278)

 

 

8,078

 

 

 

$

347,817

 

$

(51,759)

 

$

296,058

 

$

64,082

 

$

(41,511)

 

$

22,571

 

 

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

 

 

27,700

 

2018

 

 

41,572

 

2019

 

 

40,246

 

2020

 

 

39,159

 

2021

 

 

38,353

 

Thereafter

 

 

109,028

 

Total

 

$

296,058