Investments in Affiliated Companies

9 Months Ended

Oct. 01, 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 several other interests in affiliated companies. These investments are accounted for using the equity method.

The following table presents the company's investment in affiliated companies:

	October 1, 2016		December 31, 2015
Marubun/Arrow	$	65,283	$	62,530
Other	23,776		10,846
	$	89,059	$	73,376

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

	Quarter Ended					Nine Months Ended
	October 1, 2016			September 26, 2015		October 1, 2016		September 26, 2015
Marubun/Arrow	$	1,549		$	1,494	$	5,059	$	4,247
Other	(238		)	180		335		643
	$	1,311		$	1,674	$	5,394	$	4,890

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 October 1, 2016, the company's pro-rata share of this debt was approximately $185. The company believes that there is sufficient equity in each of the joint ventures to meet their obligations.