Goodwill and intangible assets

12 Months Ended

Jul. 01, 2023

Goodwill and intangible assets

Goodwill and intangible assets

6. Goodwill, intangible assets, and impairments

Goodwill

The following table presents the change in goodwill balances by reportable segment for fiscal year 2023.

	Electronic
	Components		Farnell		Total
	(Thousands)
Carrying value at July 2, 2022 (1)	$	291,526	$	467,307	$	758,833
Foreign currency translation		5,303		16,493		21,796
Carrying value at July 1, 2023 (1)	$	296,829	$	483,800	$	780,629

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

Intangible Assets

The net book value of intangible assets was $6.5 million as of July 1, 2023, which is not material to the consolidated financial statements. Intangible asset amortization expense was $6.0 million, $15.0 million, and $41.0 million for fiscal 2023, 2022, and 2021, respectively.