Schedule of Defined Benefit Plans Disclosures [Table Text Block] |
The company uses a December 31 measurement date for the Arrow SERP and the Wyle defined benefit plan. Pension information for the year ended December 31 is as follows: | | | | | | | | | | | | | | | | | | Arrow SERP | | Wyle Defined Benefit Plan | | 2015 | | 2014 | | 2015 | | 2014 | Accumulated benefit obligation | $ | 83,310 |
| | $ | 76,261 |
| | $ | 129,029 |
| | $ | 136,298 |
| Changes in projected benefit obligation: | | | | | | | | Projected benefit obligation at beginning of year | $ | 85,114 |
| | $ | 75,312 |
| | $ | 136,298 |
| | $ | 126,481 |
| Service cost | 1,669 |
| | 1,330 |
| | — |
| | — |
| Interest cost | 3,484 |
| | 3,280 |
| | 5,318 |
| | 5,491 |
| Actuarial loss (gain) | 2,220 |
| | 8,668 |
| | (6,571 | ) | | 10,206 |
| Benefits paid | (3,758 | ) | | (3,476 | ) | | (6,016 | ) | | (5,880 | ) | Projected benefit obligation at end of year | $ | 88,729 |
| | $ | 85,114 |
| | $ | 129,029 |
| | $ | 136,298 |
| Changes in plan assets: | | | | | | | | Fair value of plan assets at beginning of year | $ | — |
| | $ | — |
| | $ | 105,598 |
| | $ | 104,714 |
| Actual return on plan assets | — |
| | — |
| | 2,277 |
| | 2,264 |
| Company contributions | — |
| | — |
| | — |
| | 4,500 |
| Benefits paid | — |
| | — |
| | (6,016 | ) | | (5,880 | ) | Fair value of plan assets at end of year | $ | — |
| | $ | — |
| | $ | 101,859 |
| | $ | 105,598 |
| Funded status | $ | (88,729 | ) | | $ | (85,114 | ) | | $ | (27,170 | ) | | $ | (30,700 | ) | Amounts recognized in the company's consolidated balance sheets: | | | | | | | | Current liabilities | $ | (3,816 | ) | | $ | (3,700 | ) | | $ | — |
| | $ | — |
| Noncurrent liabilities | (84,913 | ) | | (81,414 | ) | | (27,170 | ) | | (30,700 | ) | Net liabilities at end of year | $ | (88,729 | ) | | $ | (85,114 | ) | | $ | (27,170 | ) | | $ | (30,700 | ) | Components of net periodic pension cost: | | | | | | | | Service cost | $ | 1,669 |
| | $ | 1,330 |
| | $ | — |
| | $ | — |
| Interest cost | 3,484 |
| | 3,280 |
| | 5,318 |
| | 5,491 |
| Expected return on plan assets | — |
| | — |
| | (7,159 | ) | | (7,066 | ) | Amortization of net loss | 3,615 |
| | 1,997 |
| | 1,668 |
| | 1,270 |
| Amortization of prior service cost | 25 |
| | 42 |
| | — |
| | — |
| Net periodic pension cost | $ | 8,793 |
| | $ | 6,649 |
| | $ | (173 | ) | | $ | (305 | ) | Weighted-average assumptions used to determine benefit obligation: | | | | | | | | Discount rate | 4.00 | % | | 4.00 | % | | 4.25 | % | | 4.00 | % | Rate of compensation increase | 5.00 | % | | 5.00 | % | | N/A |
| | N/A |
| Expected return on plan assets | N/A |
| | N/A |
| | 6.25 | % | | 6.75 | % | Weighted-average assumptions used to determine net periodic pension cost: | | | | | | | | Discount rate | 4.00 | % | | 4.50 | % | | 4.00 | % | | 4.50 | % | Rate of compensation increase | 5.00 | % | | 5.00 | % | | N/A |
| | N/A |
| Expected return on plan assets | N/A |
| | N/A |
| | 6.75 | % | | 6.75 | % |
|
Schedule of Expected Benefit Payments [Table Text Block] |
Benefit payments are expected to be paid as follows:
| | | | | | | | | | Arrow SERP | | Wyle Defined Benefit Plan | 2016 | $ | 3,885 |
| | $ | 6,918 |
| 2017 | 3,853 |
| | 7,019 |
| 2018 | 4,365 |
| | 7,073 |
| 2019 | 5,729 |
| | 7,249 |
| 2020 | 5,689 |
| | 7,429 |
| 2021-2025 | 29,531 |
| | 38,759 |
|
|
Schedule of Allocation of Plan Assets [Table Text Block] |
The fair values of the company's pension plan assets for the Wyle defined benefit plan at December 31, 2015, utilizing the fair value hierarchy discussed in Note 7, are as follows:
| | | | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Total | Equities: | | | | | | | | U.S. common stocks | $ | 40,757 |
| | $ | — |
| | $ | — |
| | $ | 40,757 |
| International mutual funds | 14,750 |
| | — |
| | — |
| | 14,750 |
| Index mutual funds | 13,812 |
| | — |
| | — |
| | 13,812 |
| Fixed Income: | | | | | | | | Mutual funds | 29,345 |
| | — |
| | — |
| | 29,345 |
| Insurance contracts | — |
| | 3,195 |
| | — |
| | 3,195 |
| Total | $ | 98,664 |
| | $ | 3,195 |
| | $ | — |
| | $ | 101,859 |
|
The fair values of the company's pension plan assets for the Wyle defined benefit plan at December 31, 2014, utilizing the fair value hierarchy discussed in Note 7, are as follows:
| | | | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Total | Equities: | | | | | | | | U.S. common stocks | $ | 44,100 |
| | $ | — |
| | $ | — |
| | $ | 44,100 |
| International mutual funds | 14,873 |
| | — |
| | — |
| | 14,873 |
| Index mutual funds | 16,477 |
| | — |
| | — |
| | 16,477 |
| Fixed Income: | | | | | | | | Mutual funds | 29,134 |
| | — |
| | — |
| | 29,134 |
| Insurance contracts | — |
| | 1,014 |
| | — |
| | 1,014 |
| Total | $ | 104,584 |
| | $ | 1,014 |
| | $ | — |
| | $ | 105,598 |
|
|