Goodwill and long-lived assets (Tables)

9 Months Ended

Apr. 01, 2017

Goodwill and long-lived assets

Change in goodwill balances by reportable segment

	Avnet
	(Thousands)
Gross goodwill	$	1,666,962
Accumulated impairment		(1,045,110)
Carrying value at July 2, 2016		621,852
Acquisitions		509,631
Adjustments		—
Foreign currency translation		9,495
Carrying value at April 1, 2017	$	1,140,978
Gross goodwill	$	2,186,088
Accumulated impairment		(1,045,110)
Carrying value at April 1, 2017	$	1,140,978

Company's identifiable acquired intangible assets

	April 1, 2017						July 2, 2016
	Acquired		Accumulated		Net Book		Acquired		Accumulated		Net Book
	Amount		Amortization		Value		Amount		Amortization		Value
	(Thousands)
Customer related	$	267,326	$	(61,858)	$	205,468	$	47,980	$	(34,515)	$	13,465
Trade name		45,005		(4,516)		40,489		3,746		(2,718)		1,028
Technology and other		48,058		(8,625)		39,433		12,356		(4,278)		8,078
	$	360,389	$	(74,999)	$	285,390	$	64,082	$	(41,511)	$	22,571

Estimated future amortization expense

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

Fiscal Year
Remainder of fiscal 2017		20,089
2018		74,215
2019		72,865
2020		71,145
2021		33,685
2022		10,197
Thereafter		3,194
Total	$	285,390