Avnet (AVT) 10-Q 25 Oct 13 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information Document	3 Months Ended
	Sep. 28, 2013	Oct. 18, 2013
Entity Information [Line Items]
Entity Registrant Name	AVNET INC
Entity Central Index Key	8858
Current Fiscal Year End Date	-22
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	28-Sep-13
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q1
Amendment Flag	FALSE
Entity Common Stock, Shares Outstanding		137,572,267

Consolidated_Balance_Sheets_Un

Consolidated Balance Sheets (Unaudited) (USD $)	Sep. 28, 2013	Jun. 29, 2013
In Thousands, unless otherwise specified
Current assets:
Cash and cash equivalents	$865,613	$1,009,343
Receivables, less allowances of $90,174 and $95,656, respectively	4,820,070	4,868,973
Inventories	2,510,777	2,264,341
Prepaid and other current assets	222,380	214,221
Total current assets	8,418,840	8,356,878
Property, plant and equipment, net	505,229	492,606
Goodwill	1,290,344	1,261,288
Other assets	343,851	363,908
Total assets	10,558,264	10,474,680
Current liabilities:
Borrowings due within one year	876,946	838,190
Accounts payable	3,184,037	3,278,152
Accrued expenses and other	658,619	705,102
Total current liabilities	4,719,602	4,821,444
Long-term debt	1,202,303	1,206,993
Other long-term liabilities	140,886	157,118
Total liabilities	6,062,791	6,185,555
Commitments and contingencies (Note 6)
Shareholders' equity (Note 9):
Common stock $1.00 par; authorized 300,000,000 shares; issued 137,606,000 shares and 137,127,000 shares, respectively	137,606	137,127
Additional paid-in capital	1,334,756	1,320,901
Retained earnings	2,902,969	2,802,966
Accumulated other comprehensive income	120,909	28,895
Treasury stock at cost, 38,296 shares and 38,238 shares, respectively	-767	-764
Total shareholders' equity	4,495,473	4,289,125
Total liabilities and shareholders' equity	$10,558,264	$10,474,680

Consolidated_Balance_Sheets_Un1

Consolidated Balance Sheets (Unaudited) (Parenthetical) (USD $)	Sep. 28, 2013	Jun. 29, 2013
In Thousands, except Share data, unless otherwise specified
Current assets:
Allowance for Doubtful Accounts Receivable, Current	$90,174	$95,656
Stockholders' equity (Note 10):
Common Stock, Par Value	$1	$1
Common Stock, Shares Authorized	300,000,000	300,000,000
Common Stock, Shares, Issued	137,606,000	137,127,000
Treasury Stock, Shares	38,296	38,238

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended
Share data in Thousands, except Per Share data, unless otherwise specified	Sep. 28, 2013	Sep. 29, 2012
Income Statement [Abstract]
Sales	$6,345,475,000	$5,870,057,000
Cost of sales	5,610,305,000	5,185,680,000
Gross profit	735,170,000	684,377,000
Selling, general and administrative expenses	544,084,000	546,996,000
Restructuring, integration and other charges (Note 13)	12,099,000	37,408,000
Operating Income	178,987,000	99,973,000
Other income (expense), net	795,000	1,483,000
Interest expense	-26,977,000	-23,890,000
Gain on legal settlement, bargain purchase and other (Note 2 and 6)	19,137,000	31,291,000
Income before income taxes	171,942,000	108,857,000
Income tax provision	51,318,000	8,552,000
Net income	$120,624,000	$100,305,000
Net earnings per share:
Basic	$0.88	$0.71
Diluted	$0.86	$0.70
Shares used to compute earnings per share:
Basic	137,414	140,767
Diluted	139,724	143,359
Cash dividends paid per common share	$0.15	$0

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2013	Sep. 29, 2012
Net income	$120,624	$100,305
Other comprehensive income, net of tax:
Foreign currency translation adjustments and other	92,014	87,786
Total comprehensive income (loss)	$212,638	$188,091

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2013	Sep. 29, 2012
Cash flows from operating activities:
Net income	$120,624	$100,305
Non-cash and other reconciling items:
Depreciation and amortization	29,291	28,208
Deferred income taxes	9,544	-2,889
Stock-based compensation	18,730	18,905
Gain on bargain purchase (Note 2)	0	-31,291
Other, net	23,842	14,988
Changes in (net of effects from businesses acquired):
Receivables	89,718	277,687
Inventories	-220,165	102,672
Accounts payable	-128,045	-382,870
Accrued expenses and other, net	-69,730	-44,738
Net cash flows (used for) provided by operating activities	-126,191	80,977
Cash flows from financing activities:
(Repayments of) borrowings under accounts receivable securitization program, net	-32,000	41,000
Borrowings of bank and other debt, net	67,773	131,140
Repurchases of common stock	0	-128,707
Dividends paid on common stock	-20,620	0
Other, net	3,871	1,280
Net cash flows provided by financing activities	19,024	44,713
Cash flows from investing activities:
Purchases of property, plant and equipment	-27,384	-24,385
Cash proceeds from sale of assets	1,664	304
Acquisitions of businesses, net of cash acquired (Note 2)	-20,950	-87,176
Cash proceeds from divestiture, net of cash divested	0	4,500
Net cash flows used for investing activities	-46,670	-106,757
Effect of exchange rate changes on cash and cash equivalents	10,107	17,236
Cash and cash equivalents:
-- (decrease) increase	-143,730	36,169
-- at beginning of period	1,009,343	1,006,864
-- at end of period	$865,613	$1,043,033

Basis_of_presentation_and_new_

Basis of presentation and new accounting pronouncements	3 Months Ended
	Sep. 28, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of presentation and new accounting pronouncements	Basis of presentation and new accounting pronouncements
	In the opinion of management, the accompanying unaudited interim consolidated financial statements contain all adjustments necessary to present fairly the Company’s financial position, results of operations, comprehensive income and cash flows. All such adjustments are of a normal recurring nature.
	The preparation of financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements. Actual results may differ from these estimates.
	Interim results of operations are not necessarily indicative of the results to be expected for the full fiscal year. The information included in this Form 10-Q should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended June 29, 2013.
	New accounting pronouncements
	In July 2013, the FASB issued Accounting Standards Update No. 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists ("ASU 2013-11"). ASU 2013-11 requires the netting of unrecognized tax benefits ("UTBs") against a deferred tax asset for a loss or other carryforward that would apply in settlement of the uncertain tax positions. UTBs are required to be netted against all available same-jurisdiction loss or other tax carryforwards that would be utilized, rather than only against carryforwards that are created by the UTBs. ASU 2013-11 is effective for interim and annual periods beginning after December 15, 2013. The adoption of ASU 2013-11 is not expected to have a material impact on the Company's consolidated financial statements.

Acquisitions_and_divestitures

Acquisitions and divestitures	3 Months Ended
	Sep. 28, 2013
Business Combinations [Abstract]
Acquisitions, divestitures and subsequent Event	Acquisitions
	During the first quarter of fiscal 2014, the Company completed two acquisitions. The aggregate consideration for the acquisitions was $25,509,000. The impact of these acquisitions was not material to the Company's consolidated financial position or results of operations. The Company has not disclosed the pro-forma impact of the fiscal 2014 acquisitions as such impact was not material.
	In October 2013, subsequent to the end of the first quarter of fiscal 2014, the Company acquired a controlling interest in MSC Investoren GmbH ("MSC Group"), a European distributor focused on electronic component distribution, embedded computing technology and display solutions in an all cash transaction.  MSC Group is a value-added distributor that leverages its unique combination of distribution, production and system integration capability to address the emerging customer demand for more complex electronic products. In calendar year 2012, MSC Group generated sales in excess of $450,000,000, with embedded computer technology (including display solutions) representing approximately 50% of its sales. The Company expects to acquire the non-controlling interest in MSC Group by the end of the third quarter of fiscal 2014.
	Gain on bargain purchase and other
	In August 2012, the Company acquired Internix, Inc., a company publicly traded on the Tokyo Stock Exchange, through a tender offer. After assessing the assets acquired and liabilities assumed, the consideration paid was below book value even though the price paid per share represented a premium to the trading levels at that time. During fiscal 2013, the Company recognized a total gain on bargain purchase related to Internix of $32,679,000 before and after tax and $0.23 per share on a diluted basis (inclusive of adjustments occurring subsequent to the first quarter of fiscal 2013).

Goodwill_and_intangible_assets

Goodwill and intangible assets	3 Months Ended
	Sep. 28, 2013
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and intangible assets disclosures	Goodwill and intangible assets
	Goodwill
	The following table presents the change in the goodwill balances by reportable segment for the three months ended September 28, 2013. Substantially all of the accumulated impairment was recognized in fiscal 2009.
		Electronics			Technology			Total
		Marketing			Solutions
		(Thousands)
	Gross goodwill	$	1,646,940		$	994,082		$	2,641,022
	Accumulated impairment	(1,045,110		)	(334,624		)	(1,379,734		)
	Carrying value at June 29, 2013	601,830			659,458			1,261,288
	Additions	5,193			10,628			15,821
	Adjustments	688			21			709
	Foreign currency translation	5,845			6,681			12,526
	Carrying value at September 28, 2013	$	613,556		$	676,788		$	1,290,344
	Gross goodwill	$	1,658,666		$	1,011,412		$	2,670,078
	Accumulated impairment	(1,045,110		)	(334,624		)	(1,379,734		)
	Carrying value at September 28, 2013	$	613,556		$	676,788		$	1,290,344
	The goodwill additions are a result of businesses acquired during the first quarter of fiscal 2014 (see Note 2) and goodwill adjustments represent the net purchase accounting adjustments for prior period acquisitions during the related measurement periods.
	Intangible Assets
	The following table presents the Company’s identifiable acquired intangible assets at September 28, 2013 and June 29, 2013, respectively. These balances are included in "other assets" on the consolidated balance sheets and have a weighted average life of approximately 8 years.
		September 28, 2013									June 29, 2013
		Gross Carrying Amount			Accumulated Amortization			Net Book Value			Gross Carrying Amount		Accumulated Amortization			Net Book Value
		(Thousands)
	Customer relationships	$	285,945		$	(119,915	)	$	166,030		$	276,107	$	(109,946	)	$	166,161
	Trade name	3,162			(1,016		)	2,146			3,320		(480		)	2,840
	Other	3,940			(873		)	3,067			4,177		(966		)	3,211
		$	293,047		$	(121,804	)	$	171,243		$	283,604	$	(111,392	)	$	172,212
	Intangible asset amortization expense was $8,394,000 and $7,088,000 for the first quarter of fiscal 2014 and 2013, respectively. The following table presents the estimated future amortization expense for the remainder of fiscal 2014, the next five fiscal years and thereafter (in thousands):
	Fiscal Year
	Remainder of fiscal 2014	$	26,806
	2015	34,731
	2016	29,049
	2017	26,885
	2018	15,542
	2019	13,764
	Thereafter	24,466
	Total	$	171,243

External_financing

External financing	3 Months Ended
	Sep. 28, 2013
Debt Disclosure [Abstract]
External financing	External financing
	Borrowings due within one year consists of the following:
		September 28,			June 29,
		2013			2013
		(Thousands)
	Bank credit facilities	$	243,329		$	177,118
	Borrowings under the accounts receivable securitization program	328,000			360,000
	5.875% Notes due March 15, 2014	299,967			299,950
	Other debt due within one year	5,650			1,122
	Borrowings due within one year	$	876,946		$	838,190
	Bank credit facilities consist of various committed and uncommitted lines of credit with financial institutions utilized primarily to support the working capital requirements of foreign operations. The weighted average interest rate on the bank credit facilities was 3.7% and 4.3% at September 28, 2013 and June 29, 2013, respectively.
	In August 2013, the Company amended and extended its accounts receivable securitization program (the “Program”) with a group of financial institutions to allow the Company to sell, on a revolving basis, an undivided interest of up to $800,000,000 in eligible receivables while retaining a subordinated interest in a portion of the receivables. The Program does not qualify for sale treatment and, as a result, any borrowings under the Program are recorded as debt on the consolidated balance sheets. The Program contains certain covenants, all of which the Company was in compliance with as of September 28, 2013. The Program has a one-year term that expires in August 2014. Interest on borrowings is calculated using a base rate or a commercial paper rate plus a spread of 0.35%. The facility fee is 0.35%.
	Long-term debt consists of the following:
		September 28,			June 29,
		2013			2013
		(Thousands)
	6.00% Notes due September 1, 2015	$	250,000		$	250,000
	6.625% Notes due September 15, 2016	300,000			300,000
	5.875% Notes due June 15, 2020	300,000			300,000
	4.875% Notes due December 1, 2022	350,000			350,000
	2012 Credit Facility	—			6,700
	Other long-term debt	4,756			2,879
	Subtotal	1,204,756			1,209,579
	Discount on notes	(2,453		)	(2,586		)
	Long-term debt	$	1,202,303		$	1,206,993
	The Company has a five-year $1.0 billion senior unsecured revolving credit facility (the "2012 Credit Facility") with a syndicate of banks that expires in November 2016. Under the 2012 Credit Facility, the Company may select from various interest rate options, currencies and maturities. The 2012 Credit Facility contains certain covenants, all of which the Company was in compliance with as of September 28, 2013. At September 28, 2013, there were no borrowings outstanding under the 2012 Credit Facility. Letters of credit aggregating $2,043,000 have been issued under the 2012 Credit Facility, which represent a utilization of borrowing capacity but are not recorded in the consolidated balance sheets as the letters of credit are not debt. At June 29, 2013, there was $2,309,000 in letters of credit issued under the 2012 Credit Facility.
	At September 28, 2013, the carrying value and fair value of the Company’s total debt was $2,079,249,000 and $2,170,726,000, respectively. Fair value was estimated primarily based upon quoted market prices. At June 29, 2013, the carrying value and fair value of the Company's total debt was $2,045,183,000 and $2,130,294,000, respectively.

Derivative_financial_instrumen

Derivative financial instruments	3 Months Ended
	Sep. 28, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative instruments and hedging activites disclosure	Derivative financial instruments
	Many of the Company’s subsidiaries, on occasion, purchase and sell products in currencies other than their functional currencies. This subjects the Company to the risks associated with fluctuations in foreign currency exchange rates. The Company reduces this risk by utilizing natural hedging (i.e., offsetting receivables and payables) as well as by creating offsetting positions through the use of derivative financial instruments, primarily forward foreign exchange contracts with maturities of less than sixty days ("economic hedges"). The Company continues to have exposure to foreign currency risks to the extent they are not hedged. The Company adjusts any economic hedges to fair value through the consolidated statements of operations primarily within "other income (expense), net". Therefore, the changes in valuation of the underlying items being economically hedged is offset by the changes in fair value of the forward foreign exchange contracts. The asset or liability representing the fair value of foreign exchange contracts, based upon level 2 criteria under the fair value hierarchy, is classified in the captions “other current assets” or “accrued expenses and other,” as applicable, in the accompanying consolidated balance sheets and were not material as of September 28, 2013, and June 29, 2013. The Company did not have material gains or losses related to the forward foreign exchange contracts during the first quarters of fiscal 2014 and fiscal 2013.
	The Company generally does not hedge its investments in its foreign operations. The Company does not enter into derivative financial instruments for trading or speculative purposes and monitors the financial stability and credit standing of its counterparties.

Commitments_and_contingencies

Commitments and contingencies	3 Months Ended
	Sep. 28, 2013
Commitments and Contingencies Disclosure [Abstract]
Commitments and contingencies	Commitments and contingencies
	Bell
	During fiscal 2011, the Company recognized a contingent liability for potential unpaid import duties associated with the acquisition of Bell Microproducts Inc. (“Bell”). Prior to the acquisition of Bell by Avnet, Customs and Border Protection (“CBP”) initiated a review of the importing process at one of Bell’s subsidiaries and identified compliance deficiencies. Subsequent to the acquisition of Bell by Avnet, CBP began a compliance audit. The Company evaluated projected duties, interest and penalties that potentially may be imposed as a result of the audit and recognized a contingent liability of $10,000,000, which was recorded to goodwill in fiscal 2011. Depending on the ultimate resolution of the matter with CBP, the Company estimates that the range of the potential exposure associated with the liability may be up to $73,000,000; however, the Company believes the contingent liability recorded is a reasonable estimate of the liability based upon the facts available at this time.
	LCD Class Action Settlement
	The Company participated as a claimant in a class action proceeding that sought damages from certain manufacturers of LCD flat panel displays. A settlement was reached in the proceedings and in the first quarter of fiscal 2014 the federal district judge overseeing the proceeding issued an order approving the first distribution of settlement funds to the class claimants.  In the first quarter of fiscal 2014, the Company received an award payment of $19,137,000, which is classified within "gain on legal settlement, bargain purchase and other" in the consolidated statements of operations.  The court has deferred distribution of a portion of the settlement and the Company may receive up to an additional $4,000,000 from the undistributed settlement fund in the future depending on the extent to which subsequent, approved claims are made on the fund.
	Other
	From time to time, the Company may become a party to, or be otherwise involved in various lawsuits, claims, investigations and other legal proceedings arising in the ordinary course of conducting its business. While litigation is subject to inherent uncertainties, management does not anticipate that any ongoing matters will have a material adverse effect on the Company’s financial condition, liquidity or results of operations.

Income_taxes

Income taxes	3 Months Ended
	Sep. 28, 2013
Income Tax Disclosure [Abstract]
Income taxes	Income taxes
	The Company’s effective tax rate on its income before income taxes was 29.8% in the first quarter of fiscal 2014 as compared with 7.9% in the first quarter of fiscal 2013. During the first quarter of fiscal 2014, the Company's effective tax rate was unfavorably impacted primarily by tax rate changes in certain jurisdictions and increases to valuation allowances and reserves, partially offset by losses related to an investment in a foreign subsidiary.
	During the first quarter of fiscal 2013 , the Company's effective tax rate was favorably impacted primarily by the settlement of an audit by the U.S. Internal Revenue Service, a non-taxable gain on a bargain purchase, and to a lesser extent, by the mix of income earned in lower tax rate jurisdictions, partially offset by increases to valuation allowances and reserves.

Pension_plan

Pension plan	3 Months Ended
	Sep. 28, 2013
Compensation and Retirement Disclosure [Abstract]
Pension plan	Pension plan
	The Company has a noncontributory defined benefit pension plan (the “Plan”) for which the components of net periodic pension costs during the quarters ended September 28, 2013 and September 29, 2012 were as follows:
		First Quarters Ended
		September 28,			September 29,
		2013			2012
		(Thousands)
	Service cost	$	9,183		$	9,230
	Interest cost	4,289			3,663
	Expected return on plan assets	(7,727		)	(6,976		)
	Recognized net actuarial loss	3,171			3,724
	Amortization of prior service credit	(393		)	(393		)
	Net periodic pension cost	$	8,523		$	9,248
	The Company made contributions of $20,000,000 to the Plan during the first quarter of fiscal 2014. The Company currently expects to make additional contributions to the Plan of $10,000,000 in each of the remaining quarters of the fiscal year.

Shareholders_Equity

Shareholders' Equity	3 Months Ended
	Sep. 28, 2013
Equity [Abstract]
Shareholders' equity	Shareholders' equity
	Accumulated other comprehensive income (loss)
	The following table presents the balances of accumulated other comprehensive income by component at September 28, 2013 and June 29, 2013:
		September 28, 2013			June 29, 2013
		(Thousands)
	Accumulated translation adjustments, net	$	227,342		$	135,395
	Accumulated pension liability adjustments, net of income taxes	(106,433		)	(106,500		)
	Total	$	120,909		$	28,895
	During the first quarter of fiscal 2014 and fiscal 2013 the reclassifications out of accumulated other comprehensive income into net income were not material.
	Share repurchase program
	In August 2012, the Company’s Board of Directors amended the Company's existing share repurchase program to authorize the repurchase of up to $750,000,000 of common stock in the open market or through privately negotiated transactions. The timing and actual number of shares purchased will depend on a variety of factors such as price, corporate and regulatory requirements, and prevailing market conditions. During the first quarter of fiscal 2014, the Company did not repurchase any shares under this program. Since the beginning of the repurchase program through the end of the first quarter of fiscal 2014, the Company has repurchased 17,890,000 shares of stock at an aggregate cost of $525,525,000, and $224,475,000 remains available for future repurchases under the share repurchase program.
	Common stock dividend
	In August 2013, the Company's Board of Directors approved a dividend of $0.15 per common share to the shareholders of record on September 10, 2013. Dividend payments of $20,620,000 were made in September 2013.

Earnings_per_share

Earnings per share	3 Months Ended
	Sep. 28, 2013
Earnings Per Share [Abstract]
Earnings per share	Earnings per share
		First Quarters Ended
		September 28, 2013		September 29, 2012
		(Thousands, except per share data)
	Numerator:
	Net income	$	120,624	$	100,305
	Denominator:
	Weighted average common shares for basic earnings	137,414		140,767
	per share
	Net effect of dilutive stock options and performance	2,310		2,592
	share awards
	Weighted average common shares for diluted earnings	139,724		143,359
	per share
	Basic earnings per share	$	0.88	$	0.71
	Diluted earnings per share	$	0.86	$	0.7
	Options to purchase 417,692 and 586,000 shares were excluded from the calculation of diluted earnings per share for the three months ended September 28, 2013 and September 29, 2012, respectively, because the exercise price for those options was above the average market price of the Company’s shares for those periods and inclusion of these options in the diluted earnings per share calculation would have had an anti-dilutive effect.

Additional_cash_flow_informati

Additional cash flow information	3 Months Ended
	Sep. 28, 2013
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]
Additional cash flow information	Additional cash flow information
	Interest and income taxes paid in the three months ended September 28, 2013 and September 29, 2012 were as follows:
		First Quarters Ended
		September 28,		September 29,
		2013		2012
		(Thousands)
	Interest	$	31,201	$	31,896
	Income taxes	51,331		66,286
	The Company includes book overdrafts as part of accounts payable on its consolidated balance sheets and reflects changes in such balances as part of cash flows from operating activities in its consolidated statements of cash flows.
	During the first quarter of fiscal 2013, the Company received additional proceeds of $4,500,000, associated with a divestiture completed in a prior year.

Segment_information

Segment information	3 Months Ended
	Sep. 28, 2013
Segment Reporting [Abstract]
Segment information	Segment information
	At the beginning of fiscal 2014, the Company began excluding amortization expense associated with acquired intangible assets from the operating income of the Electronics Marketing (“EM”) and Technology Solutions (“TS”) reportable operating segments (“operating groups”) in order to measure such operating results consistent with how many technology companies measure operating performance and given that such amortization expense is non-cash in nature. As a result of this change, the measure of profitability in the information used by our Chief Operating Decision Maker to allocate resources and evaluate profitability of such operating groups also changed. Prior period segment information has been recast to conform to the new measure of profitability used during the first quarter of fiscal 2014. The change in the measure of operating group profitability did not impact the determination of the Company’s operating groups or our previously reported consolidated financial results.
	At the beginning of fiscal 2014, a portion of the Company's reverse logistics operations, which was previously included in the EM operating group, was combined within the TS operating group. The Company also combined its regional computing components operations within EM and TS into a single global organization within TS.  As a result of these changes, sales, operating income and assets previously reported in the EM operating group in fiscal 2013, will be included within the TS operating group in fiscal 2014. The Company does not view the amount of sales, operating income, or assets of such transferred operations to be a material change to the composition of its operating groups for financial reporting purposes. Sales related to such transferred operations reported in the EM operating group in the first quarter of fiscal 2013 were approximately $120,000,000. The transfer of such operations between operating groups did not impact the determination of the Company’s operating groups or our previously reported consolidated financial results.
		First Quarters Ended
		September 28,			September 29,
		2013			2012
		(Thousands)
	Sales:
	Electronics Marketing	$	3,938,124		$	3,653,132
	Technology Solutions	2,407,351			2,216,925
		$	6,345,475		$	5,870,057
	Operating income:
	Electronics Marketing	$	175,783		$	149,114
	Technology Solutions	62,591			38,666
	Corporate	(38,894		)	(43,311		)
		199,480			144,469
	Restructuring, integration and other charges (Note 13)	(12,099		)	(37,408		)
	Amortization of acquired intangible assets	(8,394		)	(7,088		)
		$	178,987		$	99,973
	Sales, by geographic area:
	Americas (1)	$	2,488,668		$	2,452,428
	EMEA (2)	1,792,089			1,593,947
	Asia/Pacific (3)	2,064,718			1,823,682
		$	6,345,475		$	5,870,057
	_____________________
	(1)	Includes sales from the United States of $2.23 billion and $2.17 billion for the quarters ended September 28, 2013 and September 29, 2012, respectively.
	(2)	Includes sales from Germany of $718.9 million for the quarter ended September 28, 2013, and sales from Germany and the United Kingdom of $554.0 million and $287.7 million, respectively, for the quarter ended September 29, 2012.
	(3)	Includes sales from China (including Hong Kong) and Taiwan of $730.7 million and $635.9 million, respectively, for the quarter ended September 28, 2013, and sales from China (including Hong Kong), Taiwan, and Singapore of $625.4 million, $543.3 million and $290.0 million, respectively, for the quarter ended September 29, 2012.
		September 28,			June 29,
		2013			2013
		(Thousands)
	Assets:
	Electronics Marketing	$	6,429,778		$	6,316,326
	Technology Solutions	3,893,655			3,838,421
	Corporate	234,831			319,933
		$	10,558,264		$	10,474,680
	Property, plant, and equipment, net, by geographic area:
	Americas (1)	$	288,388		$	282,986
	EMEA (2)	185,484			177,908
	Asia/Pacific	31,357			31,712
		$	505,229		$	492,606
	_____________________
	(1)	Includes property, plant and equipment, net, of $279.6 million and $273.4 million as of September 28, 2013 and June 29, 2013, respectively, in the United States.
	(2)	Includes property, plant and equipment, net, of $93.0 million and $49.0 million in Germany and Belgium, respectively, as of September 28, 2013 and $92.7 million, $45.1 million and $13.1 million, in Germany, Belgium and the United Kingdom, respectively, as of June 29, 2013.

Restructuring_integration_and_

Restructuring, integration and other charges	3 Months Ended
	Sep. 28, 2013
Restructuring and Related Activities [Abstract]
Restructuring, integration and other charges	Restructuring, integration and other charges
	Fiscal 2014
	During the first quarter of fiscal 2014, the Company initiated certain actions in an effort to reduce future operating costs. In addition, the Company incurred integration and other costs primarily associated with recently acquired businesses. The following table presents the restructuring, integration and other charges incurred during the first quarter of fiscal 2014:
		Quarter Ended
		28-Sep-13
		(Thousands, except per share data)
	Restructuring costs	$	5,716
	Integration costs	4,157
	Other costs including acquisition costs	3,053
	Changes in estimate for prior year restructuring reserves, net	(827		)
	Pre-tax restructuring, integration and other charges	$	12,099
	After tax restructuring, integration and other charges	$	8,851
	Restructuring, integration and other charges per share on a diluted basis	$	0.06
	The activity related to the restructuring activities initiated during fiscal 2014 is presented in the following table:
		Severance			Facility			Other			Total
		Reserves			Exit Costs
		(Thousands)
	Fiscal 2014 pre-tax restructuring charges	$	4,202		$	1,180		$	334		$	5,716
	Cash payments	(842		)	(18		)	—			(860		)
	Non-cash charges	—			(515		)	(330		)	(845		)
	Other, principally foreign currency translation	44			6			10			60
	Balance at September 28, 2013	$	3,404		$	653		$	14		$	4,071
	Severance charges recorded in the first quarter of fiscal 2014 related to the reduction of approximately 80 employees, primarily in sales and business support functions, in connection with cost reduction actions taken in all three regions in both operating groups. Facility exit costs primarily consists of reserves for remaining lease obligations and the write-down of long-lived assets for locations the Company has ceased use of. Other restructuring costs related primarily to other miscellaneous restructuring and exit costs associated with the restructuring actions. Of the $5,716,000 in restructuring costs recorded during the first quarter of fiscal 2014, $2,187,000 related to EM, $2,979,000 related to TS and $550,000 related to business support functions. As of September 28, 2013, management expects the majority of the remaining severance, facility exit costs and other reserves to be utilized by the end of fiscal 2014.
	Integration costs are related to the integration of acquired businesses and incremental costs incurred as part of the consolidation and closure of certain warehouse locations. Integration costs included IT consulting costs for system integration assistance, facility moving costs, legal fees, travel, meeting, marketing and communication costs that were incrementally incurred as a result of the integration activity. Also included in integration costs are incremental salary costs associated with consolidation and closure activities, as well as, costs associated with acquisition activity, primarily related to the acquired businesses' personnel who were retained by Avnet following the close of the acquisitions solely to assist in the integration of the acquired businesses' IT systems and administrative and logistics operations into those of Avnet. These identified personnel have no other meaningful day-to-day operational responsibilities outside of the integration effort. Other costs including acquisition costs consisted primarily of professional fees incurred for acquisitions, as well as other miscellaneous costs that relate to restructuring, integration and other charges.
	Fiscal 2013
	During fiscal 2013, the Company incurred restructuring charges related to various restructuring actions intended to reduce costs in response to the then current market conditions. The following table presents the activity during the first three months of fiscal 2014 related to the remaining restructuring reserves established during fiscal 2013:
		Severance			Facility			Other			Total
		Reserves			Exit Costs
		(Thousands)
	Balance at June 29, 2013	$	25,254		$	16,211		$	370		$	41,835
	Cash payments	(8,518		)	(2,597		)	(134		)	(11,249		)
	Changes in estimate, net	(957		)	(128		)	437			(648		)
	Other, principally foreign currency translation	130			220			(339		)	11
	Balance at September 28, 2013	$	15,909		$	13,706		$	334		$	29,949
	As of September 28, 2013, management expects the majority of the remaining severance and other reserves to be utilized by the end of fiscal 2014 and the remaining facility exit cost reserves to be utilized by the end of fiscal 2017.
	Fiscal 2012 and prior restructuring reserves
	As of June 29, 2013, there was $4,687,000 of restructuring reserves remaining related to restructuring actions taken in fiscal years 2012 and prior, the majority of which relates to facility exit costs.  The remaining balance for such historical restructuring actions as of September 28, 2013 was $4,193,000 the majority of which is expected to be utilized by the end of fiscal 2016.

Basis_of_presentation_and_new_1

Basis of presentation and new accounting pronouncements (Policies)	3 Months Ended
	Sep. 28, 2013
Basis of presentation and new accounting pronouncements [Abstract]
Basis of presentation	In the opinion of management, the accompanying unaudited interim consolidated financial statements contain all adjustments necessary to present fairly the Company’s financial position, results of operations, comprehensive income and cash flows. All such adjustments are of a normal recurring nature.
	The preparation of financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements. Actual results may differ from these estimates.
	Interim results of operations are not necessarily indicative of the results to be expected for the full fiscal year. The information included in this Form 10-Q should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended June 29, 2013.
New accounting pronouncements	In July 2013, the FASB issued Accounting Standards Update No. 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists ("ASU 2013-11"). ASU 2013-11 requires the netting of unrecognized tax benefits ("UTBs") against a deferred tax asset for a loss or other carryforward that would apply in settlement of the uncertain tax positions. UTBs are required to be netted against all available same-jurisdiction loss or other tax carryforwards that would be utilized, rather than only against carryforwards that are created by the UTBs. ASU 2013-11 is effective for interim and annual periods beginning after December 15, 2013. The adoption of ASU 2013-11 is not expected to have a material impact on the Company's consolidated financial statements.

Goodwill_and_intangible_assets1

Goodwill and intangible assets (Tables)	3 Months Ended
	Sep. 28, 2013
Goodwill and Intangible Assets Disclosure [Abstract]
Change in goodwill balances by reportable segment	The following table presents the change in the goodwill balances by reportable segment for the three months ended September 28, 2013. Substantially all of the accumulated impairment was recognized in fiscal 2009.
		Electronics			Technology			Total
		Marketing			Solutions
		(Thousands)
	Gross goodwill	$	1,646,940		$	994,082		$	2,641,022
	Accumulated impairment	(1,045,110		)	(334,624		)	(1,379,734		)
	Carrying value at June 29, 2013	601,830			659,458			1,261,288
	Additions	5,193			10,628			15,821
	Adjustments	688			21			709
	Foreign currency translation	5,845			6,681			12,526
	Carrying value at September 28, 2013	$	613,556		$	676,788		$	1,290,344
	Gross goodwill	$	1,658,666		$	1,011,412		$	2,670,078
	Accumulated impairment	(1,045,110		)	(334,624		)	(1,379,734		)
	Carrying value at September 28, 2013	$	613,556		$	676,788		$	1,290,344
Company's identifiable acquired intangible assets	The following table presents the Company’s identifiable acquired intangible assets at September 28, 2013 and June 29, 2013, respectively. These balances are included in "other assets" on the consolidated balance sheets and have a weighted average life of approximately 8 years.
		September 28, 2013									June 29, 2013
		Gross Carrying Amount			Accumulated Amortization			Net Book Value			Gross Carrying Amount		Accumulated Amortization			Net Book Value
		(Thousands)
	Customer relationships	$	285,945		$	(119,915	)	$	166,030		$	276,107	$	(109,946	)	$	166,161
	Trade name	3,162			(1,016		)	2,146			3,320		(480		)	2,840
	Other	3,940			(873		)	3,067			4,177		(966		)	3,211
		$	293,047		$	(121,804	)	$	171,243		$	283,604	$	(111,392	)	$	172,212
Estimated future amortization expense	The following table presents the estimated future amortization expense for the remainder of fiscal 2014, the next five fiscal years and thereafter (in thousands):
	Fiscal Year
	Remainder of fiscal 2014	$	26,806
	2015	34,731
	2016	29,049
	2017	26,885
	2018	15,542
	2019	13,764
	Thereafter	24,466
	Total	$	171,243

External_financing_Tables

External financing (Tables)	3 Months Ended
	Sep. 28, 2013
Debt Disclosure [Abstract]
Borrowings due within one year	Borrowings due within one year consists of the following:
		September 28,			June 29,
		2013			2013
		(Thousands)
	Bank credit facilities	$	243,329		$	177,118
	Borrowings under the accounts receivable securitization program	328,000			360,000
	5.875% Notes due March 15, 2014	299,967			299,950
	Other debt due within one year	5,650			1,122
	Borrowings due within one year	$	876,946		$	838,190
Long-term debt	Long-term debt consists of the following:
		September 28,			June 29,
		2013			2013
		(Thousands)
	6.00% Notes due September 1, 2015	$	250,000		$	250,000
	6.625% Notes due September 15, 2016	300,000			300,000
	5.875% Notes due June 15, 2020	300,000			300,000
	4.875% Notes due December 1, 2022	350,000			350,000
	2012 Credit Facility	—			6,700
	Other long-term debt	4,756			2,879
	Subtotal	1,204,756			1,209,579
	Discount on notes	(2,453		)	(2,586		)
	Long-term debt	$	1,202,303		$	1,206,993

Pension_plan_Tables

Pension plan (Tables)	3 Months Ended
	Sep. 28, 2013
Compensation and Retirement Disclosure [Abstract]
Components of net periodic pension costs	The Company has a noncontributory defined benefit pension plan (the “Plan”) for which the components of net periodic pension costs during the quarters ended September 28, 2013 and September 29, 2012 were as follows:
		First Quarters Ended
		September 28,			September 29,
		2013			2012
		(Thousands)
	Service cost	$	9,183		$	9,230
	Interest cost	4,289			3,663
	Expected return on plan assets	(7,727		)	(6,976		)
	Recognized net actuarial loss	3,171			3,724
	Amortization of prior service credit	(393		)	(393		)
	Net periodic pension cost	$	8,523		$	9,248

Shareholders_Equity_Accumulate

Shareholders' Equity Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Sep. 28, 2013
Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated other comprehensive income by component	The following table presents the balances of accumulated other comprehensive income by component at September 28, 2013 and June 29, 2013:
		September 28, 2013			June 29, 2013
		(Thousands)
	Accumulated translation adjustments, net	$	227,342		$	135,395
	Accumulated pension liability adjustments, net of income taxes	(106,433		)	(106,500		)
	Total	$	120,909		$	28,895

Earnings_per_share_Tables

Earnings per share (Tables)	3 Months Ended
	Sep. 28, 2013
Earnings Per Share [Abstract]
Basic and diluted earnings per share calculation
		First Quarters Ended
		September 28, 2013		September 29, 2012
		(Thousands, except per share data)
	Numerator:
	Net income	$	120,624	$	100,305
	Denominator:
	Weighted average common shares for basic earnings	137,414		140,767
	per share
	Net effect of dilutive stock options and performance	2,310		2,592
	share awards
	Weighted average common shares for diluted earnings	139,724		143,359
	per share
	Basic earnings per share	$	0.88	$	0.71
	Diluted earnings per share	$	0.86	$	0.7

Additional_cash_flow_informati1

Additional cash flow information (Tables)	3 Months Ended
	Sep. 28, 2013
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]
Interest and income taxes paid	Interest and income taxes paid in the three months ended September 28, 2013 and September 29, 2012 were as follows:
		First Quarters Ended
		September 28,		September 29,
		2013		2012
		(Thousands)
	Interest	$	31,201	$	31,896
	Income taxes	51,331		66,286

Segment_information_Tables

Segment information (Tables)	3 Months Ended
	Sep. 28, 2013
Segment Reporting [Abstract]
Sales, operating income, assets and property,plant and equipment by operating group
		First Quarters Ended
		September 28,			September 29,
		2013			2012
		(Thousands)
	Sales:
	Electronics Marketing	$	3,938,124		$	3,653,132
	Technology Solutions	2,407,351			2,216,925
		$	6,345,475		$	5,870,057
	Operating income:
	Electronics Marketing	$	175,783		$	149,114
	Technology Solutions	62,591			38,666
	Corporate	(38,894		)	(43,311		)
		199,480			144,469
	Restructuring, integration and other charges (Note 13)	(12,099		)	(37,408		)
	Amortization of acquired intangible assets	(8,394		)	(7,088		)
		$	178,987		$	99,973
	Sales, by geographic area:
	Americas (1)	$	2,488,668		$	2,452,428
	EMEA (2)	1,792,089			1,593,947
	Asia/Pacific (3)	2,064,718			1,823,682
		$	6,345,475		$	5,870,057
	_____________________
	(1)	Includes sales from the United States of $2.23 billion and $2.17 billion for the quarters ended September 28, 2013 and September 29, 2012, respectively.
	(2)	Includes sales from Germany of $718.9 million for the quarter ended September 28, 2013, and sales from Germany and the United Kingdom of $554.0 million and $287.7 million, respectively, for the quarter ended September 29, 2012.
	(3)	Includes sales from China (including Hong Kong) and Taiwan of $730.7 million and $635.9 million, respectively, for the quarter ended September 28, 2013, and sales from China (including Hong Kong), Taiwan, and Singapore of $625.4 million, $543.3 million and $290.0 million, respectively, for the quarter ended September 29, 2012.
		September 28,			June 29,
		2013			2013
		(Thousands)
	Assets:
	Electronics Marketing	$	6,429,778		$	6,316,326
	Technology Solutions	3,893,655			3,838,421
	Corporate	234,831			319,933
		$	10,558,264		$	10,474,680
	Property, plant, and equipment, net, by geographic area:
	Americas (1)	$	288,388		$	282,986
	EMEA (2)	185,484			177,908
	Asia/Pacific	31,357			31,712
		$	505,229		$	492,606
	_____________________
	(1)	Includes property, plant and equipment, net, of $279.6 million and $273.4 million as of September 28, 2013 and June 29, 2013, respectively, in the United States.
	(2)	Includes property, plant and equipment, net, of $93.0 million and $49.0 million in Germany and Belgium, respectively, as of September 28, 2013 and $92.7 million, $45.1 million and $13.1 million, in Germany, Belgium and the United Kingdom, respectively, as of June 29, 2013.

Restructuring_integration_and_1

Restructuring, integration and other charges (Tables)	3 Months Ended
	Sep. 28, 2013
Fiscal Year 2014 [Member]
Restructuring Cost and Reserve [Line Items]
Charges related to the acquisition and integration activities	The following table presents the restructuring, integration and other charges incurred during the first quarter of fiscal 2014:
		Quarter Ended
		28-Sep-13
		(Thousands, except per share data)
	Restructuring costs	$	5,716
	Integration costs	4,157
	Other costs including acquisition costs	3,053
	Changes in estimate for prior year restructuring reserves, net	(827		)
	Pre-tax restructuring, integration and other charges	$	12,099
	After tax restructuring, integration and other charges	$	8,851
	Restructuring, integration and other charges per share on a diluted basis	$	0.06
Activity related to the restructuring reserves	The activity related to the restructuring activities initiated during fiscal 2014 is presented in the following table:
		Severance			Facility			Other			Total
		Reserves			Exit Costs
		(Thousands)
	Fiscal 2014 pre-tax restructuring charges	$	4,202		$	1,180		$	334		$	5,716
	Cash payments	(842		)	(18		)	—			(860		)
	Non-cash charges	—			(515		)	(330		)	(845		)
	Other, principally foreign currency translation	44			6			10			60
	Balance at September 28, 2013	$	3,404		$	653		$	14		$	4,071
Fiscal Year 2013 [Member]
Restructuring Cost and Reserve [Line Items]
Activity related to the restructuring reserves	The following table presents the activity during the first three months of fiscal 2014 related to the remaining restructuring reserves established during fiscal 2013:
		Severance			Facility			Other			Total
		Reserves			Exit Costs
		(Thousands)
	Balance at June 29, 2013	$	25,254		$	16,211		$	370		$	41,835
	Cash payments	(8,518		)	(2,597		)	(134		)	(11,249		)
	Changes in estimate, net	(957		)	(128		)	437			(648		)
	Other, principally foreign currency translation	130			220			(339		)	11
	Balance at September 28, 2013	$	15,909		$	13,706		$	334		$	29,949

Acquisitions_divestitures_and_

Acquisitions, divestitures and subsequent events (Details Textuals) (MSC Group [Member], USD $)	0 Months Ended
In Thousands, unless otherwise specified	Oct. 01, 2013
MSC Group [Member]
Subsequent Event [Line Items]
Date of subsequent event	1-Oct-13
Description of subsequent event	the Company acquired a controlling interest in MSC Investoren GmbH ("MSC Group")
Revenue reported by MSC Group for calendar year 2012	$450,000

Acquisitions_and_divestitures_

Acquisitions and divestitures (Details Textuals 2) (USD $)	3 Months Ended		12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 28, 2013	Sep. 29, 2012	Jun. 29, 2013
			Internix, inc [Member]
Business Acquisition [Line Items]
Number of businesses acquired	2
Aggregate consideration for acquisitions	$25,509
Gain on bargain purchase	$0	$31,291	$32,679
Gain on bargain purchase per share on a diluted basis			$0.23

Goodwill_and_intangible_assets2

Goodwill and intangible assets (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2013	Jun. 29, 2013
Carrying amount of goodwill, by reportable segment
Gross Goodwill	$2,670,078	$2,641,022
Accumulated Impairment	-1,379,734	-1,379,734
Carrying value at June 29, 2013	1,261,288
Additions	15,821
Adjustments	709
Foreign currency translation	12,526
Carrying value at September 28, 2013	1,290,344
Electronics Marketing [Member]
Carrying amount of goodwill, by reportable segment
Gross Goodwill	1,658,666	1,646,940
Accumulated Impairment	-1,045,110	-1,045,110
Carrying value at June 29, 2013	601,830
Additions	5,193
Adjustments	688
Foreign currency translation	5,845
Carrying value at September 28, 2013	613,556
Technology Solutions [Member]
Carrying amount of goodwill, by reportable segment
Gross Goodwill	1,011,412	994,082
Accumulated Impairment	-334,624	-334,624
Carrying value at June 29, 2013	659,458
Additions	10,628
Adjustments	21
Foreign currency translation	6,681
Carrying value at September 28, 2013	$676,788

Goodwill_and_intangible_assets3

Goodwill and intangible assets Intangible Assets (Details 1) (USD $)	Sep. 28, 2013	Jun. 29, 2013
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$293,047	$283,604
Accumulated Amortization	-121,804	-111,392
Net Book Value	171,243	172,212
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	285,945	276,107
Accumulated Amortization	-119,915	-109,946
Net Book Value	166,030	166,161
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	3,162	3,320
Accumulated Amortization	-1,016	-480
Net Book Value	2,146	2,840
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	3,940	4,177
Accumulated Amortization	-873	-966
Net Book Value	$3,067	$3,211

Goodwill_and_intangible_assets4

Goodwill and intangible assets (Estimated Future Amortization Expense) (Details 2) (USD $)	Sep. 28, 2013
In Thousands, unless otherwise specified
Fiscal Year:
Remainder of fiscal 2014	$26,806
2015	34,731
2016	29,049
2017	26,885
2018	15,542
2019	13,764
Thereafter	24,466
Total	$171,243

Goodwill_and_intangible_assets5

Goodwill and intangible assets (Details Textuals) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2013	Sep. 29, 2012
Goodwill and Intangible Assets Disclosure [Abstract]
Weighted average life of intangible assets	8 years
Intangible asset amortization expense	$8,394	$7,088

External_financing_Details

External financing (Details) (USD $)	Sep. 28, 2013	Jun. 29, 2013
In Thousands, unless otherwise specified
Components of short-term debt
Borrowings due within one year	$876,946	$838,190
Bank Credit Facilities [Member]
Components of short-term debt
Borrowings due within one year	243,329	177,118
Borrowings Under the Accounts Receivable Securitization Program [Member]
Components of short-term debt
Borrowings due within one year	328,000	360,000
5.875% Notes due March 15, 2014 [Member]
Components of short-term debt
Borrowings due within one year	299,967	299,950
Other Debt Due Within One Year [Member]
Components of short-term debt
Borrowings due within one year	$5,650	$1,122

External_financing_Details_1

External financing (Details 1) (USD $)	Sep. 28, 2013	Jun. 29, 2013
In Thousands, unless otherwise specified
Components of long-term debt
Subtotal	$1,204,756	$1,209,579
Discount on notes	-2,453	-2,586
Long-term debt	1,202,303	1,206,993
6.00% Notes due September 1, 2015
Debt Instrument [Line Items]
Senior notes	250,000	250,000
Stated interest rate on senior notes	6.00%	6.00%
6.625% Notes due September 15, 2016
Debt Instrument [Line Items]
Senior notes	300,000	300,000
Stated interest rate on senior notes	6.63%	6.63%
5.875% Notes due June 15, 2020
Debt Instrument [Line Items]
Senior notes	300,000	300,000
Stated interest rate on senior notes	5.88%	5.88%
4.875% Notes due December 1, 2022
Debt Instrument [Line Items]
Senior notes	350,000	350,000
Stated interest rate on senior notes	4.88%	0.00%
2012 Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Amount Outstanding	0	6,700
Other long-term debt
Debt Instrument [Line Items]
Other long-term debt	$4,756	$2,879

External_financing_Details_Tex

External financing (Details Textuals) (USD $)	3 Months Ended
	Sep. 28, 2013	Jun. 29, 2013
External Financing [Abstract]
Company's debt, carrying value	$2,079,249,000	$2,045,183,000
Company's debt, fair value	2,170,726,000	2,130,294,000
2012 Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility Term	5 years
Line of credit facility, maximum borrowing capacity	1,000,000,000
Line of credit facility expiration date	18-Nov-16
Line of credit facility, amount outstanding	0	6,700,000
Letter of Credit [Member]
Debt Instrument [Line Items]
Letters of credit outstanding, amount	2,043,000	2,309,000
Bank Credit Facilities [Member]
Debt Instrument [Line Items]
Weighted average interest rate on the bank credit facilities	3.70%	4.30%
Accounts Receivable Securitization Program [Member]
Debt Instrument [Line Items]
Accounts receivable securitization program maximum borrowing amount	$800,000,000
Accounts receivable securitization program loan term	1 year
Accounts receivable securitization program, expiration date	Aug-14
Program facility fee	0.35%
Base Rate or Commercial Paper [Member] | Accounts Receivable Securitization Program [Member]
Debt Instrument [Line Items]
Terms on which interest on borrowings is calculated	base rate or a commercial paper rate
Interest on borrowings spread	0.35%

Derivative_financial_instrumen1

Derivative financial instruments (Details Textuals)	3 Months Ended
	Sep. 28, 2013
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
Cmpany's objectives for using derivative instruments	This subjects the Company to the risks associated with fluctuations in foreign currency exchange rates. The Company reduces this risk by utilizing natural hedging (i.e., offsetting receivables and payables) as well as by creating offsetting positions through the use of derivative financial instruments, primarily forward foreign exchange contracts with maturities of less than sixty days ("economic hedges"). The Company continues to have exposure to foreign currency risks to the extent they are not hedged.
Maximum maturity of foreign exchange contracts (less than 60 days)	60 days

Commitments_and_contingencies_

Commitments and contingencies (Details Textuals) (Bell Microproducts Inc [Member], USD $)	Sep. 28, 2013
In Thousands, unless otherwise specified
Bell Microproducts Inc [Member]
Loss Contingency, Estimate [Abstract]
Loss contingency, estimate of possible loss	$10,000
Loss contingency, range of possible loss, maximum	$73,000

Commitments_and_contingencies_1

Commitments and contingencies Litigation settlement (Details Textuals 2) (USD $)	3 Months Ended
	Sep. 28, 2013	Sep. 29, 2012
Litigation Settlement [Abstract]
Gain on legal settlement, bargain purchase and other	$19,137,000	$31,291,000
Possible future gain from legal settlement	$4,000,000

Income_taxes_Details_Textuals

Income taxes (Details Textuals)	3 Months Ended
	Sep. 28, 2013	Sep. 29, 2012
Income Tax Disclosure [Abstract]
Effective tax rate	29.80%	7.90%

Pension_plan_Details

Pension plan (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2013	Sep. 29, 2012
Components of net periodic pension costs
Service cost	$9,183	$9,230
Interest cost	4,289	3,663
Expected return on plan assets	-7,727	-6,976
Recognized net actuarial loss	3,171	3,724
Amortization of prior service credit	-393	-393
Net periodic pension cost	$8,523	$9,248

Pension_plan_Details_Textuals

Pension plan (Details Textuals) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2013
Compensation and Retirement Disclosure [Abstract]
Company's contribution to pension plan in current quarter	$20,000
Estimated future employer contributions each remaining quarter of current fiscal year	$10,000
Company's estimated future employer contributions in current fiscal year	The Company currently expects to make additional contributions to the Plan of $10,000,000 in each of the remaining quarters of the fiscal year

Shareholders_Equity_Accumulate1

Shareholders' Equity Accumulated Comprehensive Income (Loss) (Details) (USD $)	Sep. 28, 2013	Jun. 29, 2013
In Thousands, unless otherwise specified
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated translation adjustments, net	$227,342	$135,395
Accumulated pension liability adjustments, net of income taxes	-106,433	-106,500
Total	$120,909	$28,895

Shareholders_Equity_Share_Repu

Shareholders' Equity Share Repurchase Program (Details Textuals) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 28, 2013
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program authorized amount	$750,000
Shares repurchased during the period	0
Aggregate number of shares repurchased since inception under stock repurchase program	17,890,000
Aggregate cost of shares repurchased since inception under share repurchase program	525,525
Remaining authorized repurchase amount under share repurchase program	$224,475

Shareholders_Equity_Common_Sto

Shareholders' Equity Common Stock Dividend (Details Textuals 2) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 28, 2013	Sep. 29, 2012
Class of Stock [Line Items]
Cash dividends paid per common share	$0.15	$0
Dividends paid on common stock	($20,620)	$0

Earnings_per_share_Details

Earnings per share (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 28, 2013	Sep. 29, 2012
Numerator:
Net income	$120,624	$100,305
Denominator:
Weighted average common shares for basic earnings per share	137,414	140,767
Net effect of dilutive stock options and performance share awards	2,310	2,592
Weighted average common shares for diluted earnings per share	139,724	143,359
Basic earnings per share	$0.88	$0.71
Diluted earnings per share	$0.86	$0.70

Earnings_per_share_Details_Tex

Earnings per share (Details Textuals)	3 Months Ended
	Sep. 28, 2013	Sep. 29, 2012
Earnings Per Share [Abstract]
Antidilutive shares	417,692	586,000

Additional_cash_flow_informati2

Additional cash flow information (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2013	Sep. 29, 2012
Interest and income taxes paid
Interest	$31,201	$31,896
Income taxes	$51,331	$66,286

Additional_cash_flow_informati3

Additional cash flow information (Details Textuals) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2013	Sep. 29, 2012
Business Acquisition [Line Items]
Divestiture of business, proceeds received from earn-out	$0	$4,500
TS Asia [Member]
Business Acquisition [Line Items]
Divestiture of business, proceeds received from earn-out		$4,500

Segment_information_Details

Segment information (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2013	Sep. 29, 2012	Jun. 29, 2013
Sales:
Sales	$6,345,475	$5,870,057
Operating income:
Operating income before restructuring, integration and other charges and amortization of acquired intangible assets	199,480	144,469
Restructuring, integration and other charges (Note 13)	-12,099	-37,408
Amortization of acquired intangible assets	-8,394	-7,088
Operating Income	178,987	99,973
Sales, by geographic area:
Sales	6,345,475	5,870,057
Assets:
Assets	10,558,264		10,474,680
Property, plant and equipment, net, by geographic area
Property, plant and equipment, net	505,229		492,606
Americas [Member]
Sales:
Sales	2,488,668	2,452,428
Sales, by geographic area:
Sales	2,488,668	2,452,428
Property, plant and equipment, net, by geographic area
Property, plant and equipment, net	288,388		282,986
EMEA [Member]
Sales:
Sales	1,792,089	1,593,947
Sales, by geographic area:
Sales	1,792,089	1,593,947
Property, plant and equipment, net, by geographic area
Property, plant and equipment, net	185,484		177,908
Asia/Pacific [Member]
Sales:
Sales	2,064,718	1,823,682
Sales, by geographic area:
Sales	2,064,718	1,823,682
Property, plant and equipment, net, by geographic area
Property, plant and equipment, net	31,357		31,712
Electronics Marketing [Member]
Sales:
Sales	3,938,124	3,653,132
Operating income:
Operating income before restructuring, integration and other charges and amortization of acquired intangible assets	175,783	149,114
Sales, by geographic area:
Sales	3,938,124	3,653,132
Assets:
Assets	6,429,778		6,316,326
Technology Solutions [Member]
Sales:
Sales	2,407,351	2,216,925
Operating income:
Operating income before restructuring, integration and other charges and amortization of acquired intangible assets	62,591	38,666
Sales, by geographic area:
Sales	2,407,351	2,216,925
Assets:
Assets	3,893,655		3,838,421
Corporate [Member]
Operating income:
Operating income before restructuring, integration and other charges and amortization of acquired intangible assets	-38,894	-43,311
Assets:
Assets	$234,831		$319,933

Segment_information_Details_Te

Segment information (Details Textuals) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2013	Sep. 29, 2012	Jun. 29, 2013
Segment Reporting Information [Line Items]
Sales previously reported in EM prior to transfer of business		$120,000
Sales	6,345,475	5,870,057
Property, plant and equipment, net	505,229		492,606
United States [Member]
Segment Reporting Information [Line Items]
Sales	2,230,000	2,170,000
Property, plant and equipment, net	279,600		273,400
Germany [Member]
Segment Reporting Information [Line Items]
Sales	718,900	554,000
Property, plant and equipment, net	93,000		92,700
Belgium [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment, net	49,000		45,100
United Kingdom [Member]
Segment Reporting Information [Line Items]
Sales		287,700
Property, plant and equipment, net			13,100
China [Member]
Segment Reporting Information [Line Items]
Sales	730,700	625,400
Taiwan [Member]
Segment Reporting Information [Line Items]
Sales		543,300
Singapore [Member]
Segment Reporting Information [Line Items]
Sales		$290,000

Restructuring_integration_and_2

Restructuring, integration and other charges (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 28, 2013	Sep. 29, 2012
Charges related to the acquisition and integration activities [Abstract]
Pre-tax restructuring, integration and other charges	$12,099	$37,408
Fiscal Year 2014 [Member]
Charges related to the acquisition and integration activities [Abstract]
Restructuring costs	5,716
Integration costs	4,157
Acquisition and other costs	3,053
Changes in estimate for prior year restructuring reserves, net	-827
Pre-tax restructuring, integration and other charges	12,099
After tax restructuring, integration and other charges	$8,851
Restructuring integration and other charges per share on diluted basis	$0.06

Restructuring_integration_and_3

Restructuring, integration and other charges (Details 1) (USD $)	3 Months Ended				3 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2013	Sep. 28, 2013	Sep. 28, 2013	Jun. 29, 2013	Sep. 28, 2013	Sep. 28, 2013	Sep. 28, 2013	Sep. 28, 2013	Sep. 28, 2013	Sep. 28, 2013
	Fiscal Year 2014 [Member]	Fiscal Year 2013 [Member]	Fiscal Year 2012 [Member]	Fiscal Year 2012 [Member]	Severance Reserves [Member]	Severance Reserves [Member]	Facility Exit Costs [Member]	Facility Exit Costs [Member]	Other [Member]	Other [Member]
					Fiscal Year 2014 [Member]	Fiscal Year 2013 [Member]	Fiscal Year 2014 [Member]	Fiscal Year 2013 [Member]	Fiscal Year 2014 [Member]	Fiscal Year 2013 [Member]
Activity related to the restructuring reserves
Restructuring costs	$5,716				$4,202		$1,180		$334
Balance at June 29, 2013		41,835	4,193	4,687		25,254		16,211		370
Cash payments	-860	-11,249			-842	-8,518	-18	-2,597	0	-134
Non-cash charges	-845				0		-515		-330
Changes in estimate, net		-648				-957		-128		437
Other, principally foreign currency translation	60	11			44	130	6	220	10	-339
Balance at September 28, 2013	$4,071	$29,949	$4,193	$4,687	$3,404	$15,909	$653	$13,706	$14	$334

Restructuring_integration_and_4

Restructuring, integration and other charges (Details Textuals) (USD $)	3 Months Ended					3 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2013	Sep. 28, 2013	Jun. 29, 2013	Sep. 28, 2013	Jun. 29, 2013	Sep. 28, 2013	Sep. 28, 2013	Sep. 28, 2013	Sep. 28, 2013
	Fiscal Year 2014 [Member]	Fiscal Year 2013 [Member]	Fiscal Year 2013 [Member]	Fiscal Year 2012 [Member]	Fiscal Year 2012 [Member]	EM [Member]	TS [Member]	Business Support [Member]	Fiscal Year 2014 [Member]
	employees					Fiscal Year 2014 [Member]	Fiscal Year 2014 [Member]	Fiscal Year 2014 [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	$4,071	$29,949	$41,835	$4,193	$4,687
Number of employee reductions under severance charges	80
Restructuring costs	$5,716					$2,187	$2,979	$550	$5,716