XML 159 R36.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Income Taxes (Tables) | 12 Months Ended
--- | ---
Jun. 29, 2013
Income Tax Disclosure [Abstract] |
Components of provision for income taxes expense (benefit) |
| Years Ended
| June 29, 2013 |  | June 30, 2012 |  | July 2, 2011
| (Thousands)
Current: |  |  |  |  |
Federal | $ | 17,212 |  |  | $ | 94,237 |  |  | $ | 64,476 |
State and local | 7,034 |  |  | 19,466 |  |  | 11,724 |
Foreign | 84,965 |  |  | 98,278 |  |  | 109,731 |
Total current taxes | 109,211 |  |  | 211,981 |  |  | 185,931 |
Deferred: |  |  |  |  |
Federal | 2,619 |  |  | 6,896 |  |  | 41,029 |
State and local | 2,390 |  |  | 758 |  |  | 5,273 |
Foreign | (15,028 | ) |  | 4,128 |  |  | (30,336 | )
Total deferred taxes | (10,019 | ) |  | 11,782 |  |  | 15,966 |
Provision for income taxes | $ | 99,192 |  |  | $ | 223,763 |  |  | $ | 201,897 |
Reconciliation between federal statutory tax rate and effective tax rate | Reconciliations of the federal statutory tax rate to the effective tax rates are as follows:
| Years Ended
| June 29, 2013 |  | June 30, 2012 |  | July 2, 2011
Federal statutory rate | 35.0 | % |  | 35.0 | % |  | 35.0 | %
State and local income taxes, net of federal benefit | 1.1 |  |  | 1.8 |  |  | 1.5 |
Foreign tax rates, net of valuation allowances | (7.2 | ) |  | (5.4 | ) |  | (5.3 | )
Release of valuation allowance, net of U.S. tax expense (as discussed below) | (6.4 | ) |  | (2.8 | ) |  | (7.4 | )
Change in contingency reserves | 0.4 |  |  | 0.5 |  |  | 1.4 |
Tax audit settlements | (6.0 | ) |  | (1.0 | ) |  | (0.4 | )
Other, net | 1.2 |  |  | 0.2 |  |  | (1.6 | )
Effective tax rate | 18.1 | % |  | 28.3 | % |  | 23.2 | %
Components of deferred tax assets and liabilities | The significant components of deferred tax assets and liabilities, included primarily in “other assets” on the consolidated balance sheets, are as follows:
| June 29, 2013 |  | June 30, 2012
| (Thousands)
Deferred tax assets: |  |  |
Inventory valuation | $ | 19,509 |  |  | $ | 13,298 |
Accounts receivable valuation | 27,185 |  |  | 29,984 |
Federal, state and foreign tax loss carry-forwards | 333,940 |  |  | 304,410 |
Various accrued liabilities and other | 33,031 |  |  | 88,792 |
| 413,665 |  |  | 436,484 |
Less — valuation allowance | (230,821 | ) |  | (244,093 | )
| 182,844 |  |  | 192,391 |
Deferred tax liabilities: |  |  |
Depreciation and amortization of property, plant and equipment | (50,469 | ) |  | (54,745 | )
Net deferred tax assets | $ | 132,375 |  |  | $ | 137,646 |
Reconciliation of the beginning and ending accrual balance for unrecognized tax benefits | Reconciliations of the beginning and ending accrual balances for unrecognized tax benefits are as follows:
| June 29, 2013 |  | June 30, 2012
| (Thousands)
Balance at beginning of year | $ | 146,626 |  |  | $ | 175,151 |
Additions for tax positions taken in prior periods, including interest | 11,732 |  |  | 19,262 |
Reductions for tax positions taken in prior periods, including interest | (33,776 | ) |  | (35,898 | )
Additions for tax positions taken in current period | 7,445 |  |  | 8,179 |
Reductions related to cash settlements with taxing authorities | (9,064 | ) |  | (7,460 | )
Reductions related to the lapse of statute of limitations | (2,812 | ) |  | (3,810 | )
Additions (reductions) related to foreign currency translation | 3,779 |  |  | (8,798 | )
Balance at end of year | $ | 123,930 |  |  | $ | 146,626 |
Summary of major jurisdiction |
Jurisdiction |  | Fiscal Year
Belgium, Germany and United States (federal and state) |  | 2010-2013
United Kingdom |  | 2009-2013
Hong Kong |  | 2007-2013
Singapore |  | 2006-2013
Netherlands and Taiwan |  | 2008-2013

X
- Definition Summary of Open Tax Years by Major Tax Jurisdiction. + References No definition available. + Details
Name: | avt_SummaryOfOpenTaxYearsByMajorTaxJurisdictionTableTextBlock
Namespace Prefix: | avt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 55 -Paragraph 217 -URI http://asc.fasb.org/extlink&oid=21917533&loc=d3e36027-109320 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=6907707&loc=SL6600010-109319 + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration