Change in goodwill balances by reportable segment |
|
|
|
|
|
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|
|
|
|
|
|
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Electronics
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Technology
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|
|
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Marketing
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|
Solutions
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|
Total
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|
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|
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(Thousands)
|
|
|
Gross goodwill
|
|
$
|
1,684,216
|
|
$
|
974,274
|
|
$
|
2,658,490
|
|
|
Accumulated impairment
|
|
|
(1,045,110)
|
|
|
(334,624)
|
|
|
(1,379,734)
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|
|
Carrying value at June 27, 2015
|
|
|
639,106
|
|
|
639,650
|
|
|
1,278,756
|
|
|
Additions
|
|
|
—
|
|
|
24,413
|
|
|
24,413
|
|
|
Adjustments
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
Foreign currency translation
|
|
|
(17,254)
|
|
|
(4,695)
|
|
|
(21,949)
|
|
|
Carrying value at July 2, 2016
|
|
$
|
621,852
|
|
$
|
659,368
|
|
$
|
1,281,220
|
|
|
Gross goodwill
|
|
$
|
1,666,962
|
|
$
|
993,992
|
|
$
|
2,660,954
|
|
|
Accumulated impairment
|
|
|
(1,045,110)
|
|
|
(334,624)
|
|
|
(1,379,734)
|
|
|
Carrying value at July 2, 2016
|
|
$
|
621,852
|
|
$
|
659,368
|
|
$
|
1,281,220
|
|
|
Company's identifiable acquired intangible assets |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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July 2, 2016
|
|
June 27, 2015
|
|
|
|
|
Acquired
|
|
Accumulated
|
|
Net Book
|
|
Acquired
|
|
Accumulated
|
|
Net Book
|
|
|
|
|
Amount
|
|
Amortization
|
|
Value
|
|
Amount
|
|
Amortization
|
|
Value
|
|
|
|
|
(Thousands)
|
|
|
Customer related
|
|
$
|
211,169
|
|
$
|
(142,994)
|
|
$
|
68,175
|
|
$
|
276,921
|
|
$
|
(190,593)
|
|
$
|
86,328
|
|
|
Trade name
|
|
|
4,875
|
|
|
(2,731)
|
|
|
2,144
|
|
|
6,240
|
|
|
(3,792)
|
|
|
2,448
|
|
|
Other
|
|
|
12,356
|
|
|
(4,278)
|
|
|
8,078
|
|
|
12,309
|
|
|
(1,354)
|
|
|
10,955
|
|
|
|
|
$
|
228,400
|
|
$
|
(150,003)
|
|
$
|
78,397
|
|
$
|
295,470
|
|
$
|
(195,739)
|
|
$
|
99,731
|
|
|
Estimated future amortization expense |
The following table presents the estimated future amortization expense for the next five fiscal years and thereafter (in thousands):
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|
|
|
|
|
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Fiscal Year
|
|
|
|
|
2017
|
|
|
26,897
|
|
|
2018
|
|
|
14,719
|
|
|
2019
|
|
|
13,277
|
|
|
2020
|
|
|
11,505
|
|
|
2021
|
|
|
7,132
|
|
|
Thereafter
|
|
|
4,867
|
|
|
Total
|
|
$
|
78,397
|
|
|