Attached files

file filename
EX-32.2 - EX-32.2 - AVNET INCavt-20170701ex32247bb4c.htm
EX-32.1 - EX-32.1 - AVNET INCavt-20170701ex3218f2216.htm
EX-31.2 - EX-31.2 - AVNET INCavt-20170701ex312d114b3.htm
EX-31.1 - EX-31.1 - AVNET INCavt-20170701ex3114d52bf.htm
EX-23.1 - EX-23.1 - AVNET INCavt-20170701ex2319d01b5.htm
EX-21 - EX-21 - AVNET INCavt-20170701ex216fe0f55.htm
EX-10.2 - EX-10.2 - AVNET INCavt-20170701ex10230ec10.htm
EX-10.15 - EX-10.15 - AVNET INCavt-20170701ex10155286e.htm
10-K - 10-K - AVNET INCavt-20170701x10k.htm

 

Exhibit 12.1

 

Avnet, Inc.

Computation of Ratios of Earnings to Fixed Charges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Years Ended

 

 

 

July 1

  

July 2

  

June 27,

  

June 28,

  

June 29,

 

 

 

2017

 

2016

 

2015

 

2014

 

2013

 

 

 

(in thousands)

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

Income from continuing

 

 

 

 

 

 

 

 

 

 

 

Operations before tax

 

310,404

 

478,013

 

571,511

 

529,952

 

387,655

 

Add fixed charges

 

130,629

 

114,170

 

111,318

 

117,970

 

116,163

 

Total Earnings

 

441,033

 

592,183

 

682,829

 

647,922

 

503,818

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

Interest on indebtedness including

 

 

 

 

 

 

 

 

 

 

 

amortization of debt expense

 

106,691

 

91,936

 

87,080

 

91,206

 

92,817

 

Interest component of rent expense

 

23,938

 

22,234

 

24,238

 

26,764

 

23,346

 

Total fixed charges

 

130,629

 

114,170

 

111,318

 

117,970

 

116,163

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3.4

 

5.2

 

6.1

 

5.5

 

4.3