Goodwill and intangible assets

3 Months Ended

Oct. 01, 2022

Goodwill and intangible assets

Goodwill and intangible assets

3. Goodwill and intangible assets

Goodwill

The following table presents the change in goodwill by reportable segment for the first quarter ended October 1, 2022.

	Electronic
	Components		Farnell		Total
	(Thousands)
Carrying value at July 2, 2022 (1)	$	291,526	$	467,307	$	758,833
Foreign currency translation		(11,780)		(43,225)		(55,005)
Carrying value at October 1, 2022 (1)	$	279,746	$	424,082	$	703,828

(1) Includes accumulated impairments of $1,482,677 from prior fiscal years.

Intangible Assets

The net book value of intangible assets were $9.6 million as of October 1, 2022 and is not material to the consolidated financial statements. Intangible asset amortization expense was $2.8 million and $5.2 million for the first quarters of fiscal 2023 and 2022, respectively.