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TableofContents
SCHEDULE II
AVNET, INC. AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS
Years Ended July 2, 2016, June 27, 2015 and June 28, 2014
Balance at Charged to Charged to   Balance at
Beginning of Expense Other   End of
Account Description Period (Income) Accounts Deductions Period
(Thousands)
Fiscal 2016         
Allowancefordoubtfulaccounts $ 80,721  $ 12,639  $ —  $ (26,556)(a)$ 66,804
Valuationallowanceontaxlosscarry-
forwards 111,381  (12,203)(b) 2,030
(c)
 —  101,208
Fiscal 2015         
Allowancefordoubtfulaccounts 96,382  20,084  —  (35,745)(a) 80,721
Valuationallowanceontaxlosscarry-
forwards 182,123  (37,564)(d)  (33,178)
(e)
 —  111,381
Fiscal 2014         
Allowancefordoubtfulaccounts 95,656  17,943  —  (17,217)(a) 96,382
Valuationallowanceontaxlosscarry-
forwards 230,821  (52,719)(f) 4,021 (g) —  182,123
(a) Uncollectiblereceivableswrittenoff.
(b) Primarilyrelatedtoareductionof$7.9millionduetothereleaseofvaluationallowancesandareductionof$4.1milliondue
toachangeintaxratesonvaluationallowancespreviouslyestablishedinvariousforeignjurisdictions.
(c) Primarilyrelatedtoimpactofforeigncurrencyexchangeratesonvaluationallowancespreviouslyestablishedinvarious
foreignjurisdictions.
(d) RepresentsareductionprimarilyduetothereleaseofavaluationallowanceinEMEA,ofwhich$60.8millionimpactedthe
effective tax rate offset by $9.2 million, which impacted deferred taxes associated with the release of the valuation
allowance.
(e) Primarilyrelatedtoratechangesonvaluationallowancespreviouslyestablishedinvariousforeignjurisdictions.
(f) RepresentsareductionprimarilyduetothereleaseofavaluationallowanceinEMEA,ofwhich$39.6millionimpactedthe
effectivetaxrateoffsetby$6.0million,whichimpacteddeferredtaxesassociatedwiththereleaseofthevaluation
allowance.
(g) Primarilyrelatedtoadditionalvaluationallowancesfornewlyacquiredcompaniesandcompanieswithahistoryoflosses.
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