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Table of Contents
SCHEDULE II
AVNET, INC. AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS
Years Ended June 27, 2009, June 28, 2008 and June 30, 2007
77
Column A
Column B
Column C
Column D
Column E
Additions
Balance at
Charged to
Charged to
Balance at
Beginning
Costs and
Other Accounts —
Deductions —
End of
Description
of Period
Expenses
Describe
Describe
Period
(Thousands)
Fiscal 2009
Allowance for doubtful accounts
$
76,690
$
32,777
$
2,841
(a)
$
(26,831
)(b)
$
85,477
Valuation allowance on foreign tax loss
carryforwards (Note 9)
344,034
5,697
—
(
34,711
)(c)
315,020
Fiscal 2008
Allowance for doubtful accounts
102,121
12,315
1,351
(a)
(39,097
)(b)
76,690
Valuation allowance on foreign tax loss
carryforwards (Note 9)
346,947
14,463
—
(
17,376
)(d)
344,034
Fiscal 2007
Allowance for doubtful accounts
88,983
17,389
23,311
(a)
(27,562
)(b)
102,121
Valuation allowance on foreign tax loss
carryforwards (Note 9)
270,745
7,205
100,618
(e)
(31,621
)(f)
346,947
(a)
Includes allowance for doubtful accounts as a result of acquisitions (see Note 2).
(b)
Uncollectible accounts written off.
(c)
Includes the impact of deferred tax rate changes and the translation impact of changes in foreign currency
exchange rates.
(d)
Includes the impact of deferred tax rate changes, the translation impact of changes in foreign currency exchange
rates, the release of valuation allowance on operating tax loss carryforwards recorded to goodwill and the release
of valuation allowance against the associated deferred tax benefit as it was determined the operating tax loss
carryforwards cannot be utilized.
(e)
Includes a valuation allowance established against a deferred tax asset recognized in fiscal 2007.
(f)
Includes the release of valuation allowances against operating tax loss carryforwards which were realized in
fiscal 2007.