AVNET INC
For the period ended Jun 27, 2026. Filed Aug 14, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Aug 14, 2026
AVT$84.79+7.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 16. Form 10-K Summary
SCHEDULE II
VALUATION AND QUALIFYING ACCOUNTS
Years Ended June 27, 2026, June 28, 2025, and June 29, 2024
| | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Balance at · · Charged to · · Charged to · · · · · Balance at | ||||||||||||||||
| · · Beginning of · · Expense · · Other · · · · · End of | ||||||||||||||||
| Account Description · · Period · · (Income) · · Accounts · · Deductions · · Period | ||||||||||||||||
| · · (Thousands) | ||||||||||||||||
| Fiscal 2026 | | | | | | | | | | | | | | | | |
| Allowance for credit losses | | $108,195 | | $472 | | $— | | $(10,697)(a) | $97,970 | | ||||||
| Valuation allowance on deferred tax assets | | 253,618 | | (951)(b)(d) | (4,448)(c) | — | | 248,219 | | |||||||
| Fiscal 2025 | | | | | | | | | | | | | | | | |
| Allowance for credit losses | | 108,504 | | $3,503 | | $— | | $(3,812)(a) | | 108,195 | | |||||
| Valuation allowance on deferred tax assets | | 216,179 | | 22,238(b) | 15,201(c) | — | | 253,618 | | |||||||
| Fiscal 2024 | | | | | | | | | | | | | | | | |
| Allowance for credit losses | | 112,843 | | | 12,570 | | | — | | | (16,909)(a) | 108,504 | | |||
| Valuation allowance on deferred tax assets | | 207,744 | | 10,462(d) | (2,027)(c) | — | | 216,179 | | |||||||
| (a) | Primarily represents uncollectible receivables written off and the impact of changes in foreign currency rates during the fiscal year. |
|---|
| (b) | Primarily represents impact of true ups related to prior years. |
|---|
| (c) | Primarily related to impact of foreign currency exchange on valuation allowances. |
|---|
| (d) | Primarily represents impact of current year activities. |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.