Investments in Affiliated Companies

6 Months Ended

Jul. 02, 2016

Equity Method Investments and Joint Ventures [Abstract]

Investments in Affiliated Companies [Text Block]

Investments in Affiliated Companies

The company owns a 50% interest in several joint ventures with Marubun Corporation (collectively "Marubun/Arrow") and a 50% interest in Arrow Altech Holdings (Pty.) Ltd ("Altech Industries"), a joint venture with Allied Technologies Limited. As a result of one of the company's 2015 acquisitions, the company acquired a 50% interest in two immaterial joint ventures which are included in "Other" in the tables below. These investments are accounted for using the equity method.

The following table presents the company's investment in the following joint ventures:

	July 2, 2016		December 31, 2015
Marubun/Arrow	$	64,042	$	62,530
Altech Industries	9,311		8,261
Other	2,632		2,585
	$	75,985	$	73,376

The equity in earnings of affiliated companies consists of the following:

	Quarter Ended				Six Months Ended
	July 2, 2016		June 27, 2015		July 2, 2016		June 27, 2015
Marubun/Arrow	$	1,846	$	1,609	$	3,510	$	2,753
Altech Industries	317		201		518		332
Other	64		93		55		131
	$	2,227	$	1,903	$	4,083	$	3,216

Under the terms of various joint venture agreements, the company is required to pay its pro-rata share of the third party debt of the joint ventures in the event that the joint ventures are unable to meet their obligations. At July 2, 2016, the company's pro-rata share of this debt was approximately $1,250. The company believes that there is sufficient equity in each of the joint ventures to meet their obligations.