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TableofContents
AVNET, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Years Ended July 2, 2016, June 27, 2015 and June 28, 2014
          
     Accumulated    
  Additional   Other   Total
Common Paid-In Retained Comprehensive Treasury Shareholders’
Stock Capital Earnings Income (Loss) Stock Equity
(Thousands)
Balance, June 29, 2013 $ 137,127  1,320,901  2,802,966 28,895 (764) 4,289,125
Netincome — — 545,604 — — 545,604
Translationadjustments — — — 108,754 — 108,754
Pensionliabilityadjustments,netoftaxof$5,013 — — — 1,863 — 1,863
Cashdividends — — (82,755) — — (82,755)
Repurchasesofcommonstock(Note4)   (208) — (8,408) — — (8,616)
Stock-basedcompensation,includingrelatedtax
benefitsof$8,432 1,367 34,762 — — 89 36,218
Balance, June 28, 2014  138,286  1,355,663  3,257,407 139,512 (675) 4,890,193
Netincome — — 571,913 — — 571,913
Translationadjustments — — — (561,022) — (561,022)
Pensionliabilityadjustments,netoftaxof$7,540 — — — (19,528) — (19,528)
Cashdividends — — (87,330) — — (87,330)
Repurchasesofcommonstock(Note4) (4,001) —  (159,391) —  —  (163,392)
Stock-basedcompensation,includingrelatedtax
benefitsof$4,370 1,211 52,759 — — 217 54,187
Balance, June 27, 2015  135,496  1,408,422  3,582,599 (441,038)(458) 4,685,021
Netincome — — 506,531 — — 506,531
Translationadjustments — — — (45,355) — (45,355)
Pensionliabilityadjustments,netoftaxof$21,356 — — — (34,382) — (34,382)
Cashdividends — — (88,594) — — (88,594)
Repurchasesofcommonstock(Note4) (9,270)  — (368,265) —  —  (377,535)
Stock-basedcompensation 1,151 44,256 — — 193 45,600
Balance, July 2, 2016 $ 127,377 $ 1,452,678 $ 3,632,271 $(520,775)$(265)$ 4,691,286
Seenotestoconsolidatedfinancialstatements.
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