Investments in Affiliated Companies

12 Months Ended

Dec. 31, 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.  These investments are accounted for using the equity method.

The following table presents the company's investment in the following joint ventures at December 31:

	2017		2016
Marubun/Arrow	$	70,167	$	65,237
Other	18,180		23,164
	$	88,347	$	88,401

The equity in earnings of affiliated companies for the years ended December 31 consists of the following:

	2017			2016			2015
Marubun/Arrow	$	6,842		$	7,629		$	6,212
Other	(3,418		)	(56		)	825
	$	3,424		$	7,573		$	7,037

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. There were no outstanding borrowings under the third party debt agreements of the joint ventures as of December 31, 2017 and 2016.