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Investments in Affiliated Companies
9 Months Ended
Sep. 28, 2019
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 19% 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:
  
 
September 28,
2019
 
December 31,
2018
Marubun/Arrow
 
$
75,455

 
$
73,253

Other
 
9,944

 
10,440

 
 
$
85,399

 
$
83,693



The equity in earnings (losses) of affiliated companies consists of the following:
  
 
Quarter Ended
 
Nine Months Ended
  
 
September 28,
2019
 
September 29,
2018
 
September 28,
2019
 
September 29,
2018
Marubun/Arrow
 
$
160

 
$
1,983

 
$
1,613

 
$
4,557

Other
 
(1,230
)
 
(2,635
)
 
(3,768
)
 
(5,365
)
 
 
$
(1,070
)
 
$
(652
)
 
$
(2,155
)
 
$
(808
)


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 September 28, 2019 and December 31, 2018, the company’s pro-rata share of this debt was approximately $6,750 and $2,860, respectively. The company believes there is sufficient equity in each of the joint ventures to meet the obligations.