Goodwill and intangible assets

9 Months Ended

Apr. 01, 2023

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 nine months ended April 1, 2023.

	Electronic
	Components		Farnell		Total
	(Thousands)
Carrying value at July 2, 2022 (1)	$	291,526	$	467,307	$	758,833
Foreign currency translation		4,134		7,939		12,073
Carrying value at April 1, 2023 (1)	$	295,660	$	475,246	$	770,906

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

Intangible Assets

The net book value of intangible assets was $7.4 million as of April 1, 2023, which is not material to the consolidated financial statements. Intangible asset amortization expense was $0.9 million and $3.1 million for the third quarters of fiscal 2023 and 2022, respectively, and $5.2 million and $12.0 million for the first nine months of fiscal 2023 and 2022, respectively.