Investments in Affiliated Companies

3 Months Ended

Apr. 01, 2017

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 interests ranging from 43% to 50% in other joint ventures and equity method investments.  These investments are accounted for using the equity method.

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

	April 1, 2017		December 31, 2016
Marubun/Arrow	$	65,708	$	65,237
Other	22,668		23,164
	$	88,376	$	88,401

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

	Quarter Ended
	April 1, 2017			April 2, 2016
Marubun/Arrow	$	1,665		$	1,664
Other	(740		)	192
	$	925		$	1,856

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 April 1, 2017, the company's pro-rata share of this debt was approximately $740. The company believes that there is sufficient equity in each of the joint ventures to meet their obligations.