Avnet Inc: Form 10-Q for the period ended Dec 31, 2022
Filed with the SEC on Feb 3, 2023 and accepted by EDGAR at Feb 2, 2023, 22:43 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2022-12-31. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2022-10-02 to 2022-12-31 | $6.72bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 6 months2022-07-03 to 2022-12-31 | $13.47bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2022-10-02 to 2022-12-31 | $5.93bn | us-gaap:CostOfRevenue |
| Cost of revenue | 6 months2022-07-03 to 2022-12-31 | $11.92bn | us-gaap:CostOfRevenue |
| Gross profit | 3 months2022-10-02 to 2022-12-31 | $784.1m | us-gaap:GrossProfit |
| Gross profit | 6 months2022-07-03 to 2022-12-31 | $1.55bn | us-gaap:GrossProfit |
| Selling, general and administrative | 3 months2022-10-02 to 2022-12-31 | $485.1m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 6 months2022-07-03 to 2022-12-31 | $962.8m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2022-10-02 to 2022-12-31 | $299.0m | us-gaap:OperatingIncomeLoss |
| Operating income | 6 months2022-07-03 to 2022-12-31 | $589.5m | us-gaap:OperatingIncomeLoss |
| Interest expense | 3 months2022-10-02 to 2022-12-31 | $59.0m | us-gaap:InterestExpense |
| Interest expense | 6 months2022-07-03 to 2022-12-31 | $104.1m | us-gaap:InterestExpense |
| Income tax | 3 months2022-10-02 to 2022-12-31 | $59.2m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 6 months2022-07-03 to 2022-12-31 | $120.7m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2022-10-02 to 2022-12-31 | $243.9m | us-gaap:NetIncomeLoss |
| Net income | 6 months2022-07-03 to 2022-12-31 | $428.1m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2022-10-02 to 2022-12-31 | $2.63 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 6 months2022-07-03 to 2022-12-31 | $4.55 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2022-10-02 to 2022-12-31 | $2.67 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 6 months2022-07-03 to 2022-12-31 | $4.62 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2022-10-02 to 2022-12-31 | 92,755,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 6 months2022-07-03 to 2022-12-31 | 94,195,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 6 months2022-07-03 to 2022-12-31 | −$966.5m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 6 months2022-07-03 to 2022-12-31 | $111.4m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 3 months2022-10-02 to 2022-12-31 | $26.3m | us-gaap:PaymentsOfDividendsCommonStock |
| Dividends paid | 6 months2022-07-03 to 2022-12-31 | $53.3m | us-gaap:PaymentsOfDividendsCommonStock |
| Share repurchases | 6 months2022-07-03 to 2022-12-31 | $221.3m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2022-12-31 | $324.8m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2022-12-31 | $10.30bn | us-gaap:AssetsCurrent |
| Total assets | At period end2022-12-31 | $11.93bn | us-gaap:Assets |
| Current liabilities | At period end2022-12-31 | $4.06bn | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2022-12-31 | $7.50bn | us-gaap:Liabilities |
| Long-term debt | At period end2022-12-31 | $2.98bn | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2022-12-31 | $209.4m | us-gaap:DebtCurrent |
| Shareholders' equity | At period end2022-12-31 | $4.43bn | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0000008858-23-000012. Last ingested by Listed: Oct 24, 2026, 14:51 ET. Listed shows no prices and gives no investment advice.