2011 Q3 Form 10-Q Financial Statement

#000152650811000003 Filed on July 27, 2011

View on sec.gov

Income Statement

Concept 2011 Q3 2010 Q3
Revenue $5.540B $4.613B
YoY Change 20.09% 36.01%
Cost Of Revenue $4.770B $4.025B
YoY Change 18.51% 34.63%
Gross Profit $770.1M $588.5M
YoY Change 30.87% 46.31%
Gross Profit Margin 13.9% 12.76%
Selling, General & Admin $490.6M $375.9M
YoY Change 30.52% 19.33%
% of Gross Profit 63.7% 63.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $26.01M $17.76M
YoY Change 46.43% 6.35%
% of Gross Profit 3.38% 3.02%
Operating Expenses $490.6M $375.9M
YoY Change 30.52% 13.32%
Operating Profit $248.3M $189.2M
YoY Change 31.26% 168.36%
Interest Expense -$25.10M -$17.60M
YoY Change 42.61% 9.32%
% of Operating Profit -10.11% -9.3%
Other Income/Expense, Net
YoY Change
Pretax Income $223.2M $170.1M
YoY Change 31.22% 384.62%
Income Tax $66.89M $53.86M
% Of Pretax Income 29.97% 31.66%
Net Earnings $156.2M $116.2M
YoY Change 34.43% 450.68%
Net Earnings / Revenue 2.82% 2.52%
Basic Earnings Per Share $1.35 $0.97
Diluted Earnings Per Share $1.33 $0.96
COMMON SHARES
Basic Shares Outstanding 115.4M shares 119.2M shares
Diluted Shares Outstanding 117.5M shares 120.6M shares

Balance Sheet

Concept 2011 Q3 2010 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $531.0M $577.0M
YoY Change -7.97% -36.45%
Cash & Equivalents $531.0M $576.7M
Short-Term Investments
Other Short-Term Assets $202.9M $215.0M
YoY Change -5.64% 10.82%
Inventory $2.248B $1.806B
Prepaid Expenses
Receivables $4.347B $3.373B
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.329B $5.971B
YoY Change 22.75% 19.47%
LONG-TERM ASSETS
Property, Plant & Equipment $544.2M $476.0M
YoY Change 14.33% 6.01%
Goodwill $1.433B
YoY Change
Intangibles
YoY Change
Long-Term Investments $59.91M $54.00M
YoY Change 10.95% 8.0%
Other Assets $704.0M $468.0M
YoY Change 50.42% 15.56%
Total Long-Term Assets $2.741B $2.017B
YoY Change 35.88% 11.68%
TOTAL ASSETS
Total Short-Term Assets $7.329B $5.971B
Total Long-Term Assets $2.741B $2.017B
Total Assets $10.07B $7.988B
YoY Change 26.06% 17.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.414B $3.028B
YoY Change 12.76% 38.58%
Accrued Expenses $657.3M $497.0M
YoY Change 32.25% 44.9%
Deferred Revenue
YoY Change
Short-Term Debt $550.7M $0.00
YoY Change
Long-Term Debt Due $200.0M $77.00M
YoY Change 159.74% 71.11%
Total Short-Term Liabilities $4.622B $3.602B
YoY Change 28.33% 39.99%
LONG-TERM LIABILITIES
Long-Term Debt $1.564B $1.263B
YoY Change 23.85% 3.87%
Other Long-Term Liabilities $249.3M $197.0M
YoY Change 26.56% -20.56%
Total Long-Term Liabilities $1.814B $1.460B
YoY Change 24.22% -0.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.622B $3.602B
Total Long-Term Liabilities $1.814B $1.460B
Total Liabilities $6.436B $5.062B
YoY Change 27.14% 25.36%
SHAREHOLDERS EQUITY
Retained Earnings $2.467B
YoY Change
Common Stock $1.188B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $339.4M
YoY Change
Treasury Stock Shares 10.46M shares
Shareholders Equity $3.631B $2.926B
YoY Change
Total Liabilities & Shareholders Equity $10.07B $7.988B
YoY Change 26.06% 17.4%

Cashflow Statement

Concept 2011 Q3 2010 Q3
OPERATING ACTIVITIES
Net Income $156.2M $116.2M
YoY Change 34.43% 450.68%
Depreciation, Depletion And Amortization $26.01M $17.76M
YoY Change 46.43% 6.35%
Cash From Operating Activities $35.00M $64.70M
YoY Change -45.9% -78.88%
INVESTING ACTIVITIES
Capital Expenditures -$42.10M -$29.10M
YoY Change 44.67% -18.26%
Acquisitions
YoY Change
Other Investing Activities -$63.30M -$159.1M
YoY Change -60.21% -16010.0%
Cash From Investing Activities -$105.5M -$188.2M
YoY Change -43.94% 443.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 69.00M -92.10M
YoY Change -174.92% -1942.0%
NET CHANGE
Cash From Operating Activities 35.00M 64.70M
Cash From Investing Activities -105.5M -188.2M
Cash From Financing Activities 69.00M -92.10M
Net Change In Cash -1.500M -215.6M
YoY Change -99.3% -177.92%
FREE CASH FLOW
Cash From Operating Activities $35.00M $64.70M
Capital Expenditures -$42.10M -$29.10M
Free Cash Flow $77.10M $93.80M
YoY Change -17.8% -72.57%

Facts In Submission

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The carrying amount of the company's short-term borrowings in various countries, revolving credit facility, asset securitization program, bank term loan, and other obligations approximate their fair value.</font></div></div>
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The company operates on a quarterly reporting calendar that closes on the Saturday following the end of the calendar quarter.</font></div></div>
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CY2011Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1564282000 USD
CY2010Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1761203000 USD
CY2011Q3 us-gaap Loss Contingency Related Receivable Carrying Value
LossContingencyRelatedReceivableCarryingValue
47327000 USD
us-gaap Loss Contingency Related Receivable Carrying Value Period Increase Decrease
LossContingencyRelatedReceivableCarryingValuePeriodIncreaseDecrease
3124000 USD
CY2010Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
863773000 USD
CY2011Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
924854000 USD
CY2010Q4 us-gaap Minority Interest
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0 USD
CY2011Q3 us-gaap Minority Interest
MinorityInterest
3541000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
242301000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-80840000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-212002000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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-502677000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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-144702000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-217541000 USD
CY2010Q3 us-gaap Net Income Loss
NetIncomeLoss
116193000 USD
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
156197000 USD
us-gaap Net Income Loss
NetIncomeLoss
203239000 USD
us-gaap Net Income Loss
NetIncomeLoss
292506000 USD
CY2011Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
114000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5000 USD
CY2010Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2011Q3 us-gaap Notional Amount Of Foreign Currency Derivatives
NotionalAmountOfForeignCurrencyDerivatives
393693000 USD
CY2010Q4 us-gaap Notional Amount Of Foreign Currency Derivatives
NotionalAmountOfForeignCurrencyDerivatives
297868000 USD
CY2010Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
189191000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
334461000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
467498000 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
248330000 USD
CY2011Q3 us-gaap Other Assets Current
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202867000 USD
CY2010Q4 us-gaap Other Assets Current
OtherAssetsCurrent
147690000 USD
CY2011Q3 us-gaap Other Assets Noncurrent
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703956000 USD
CY2010Q4 us-gaap Other Assets Noncurrent
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613358000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
-131445000 USD
CY2010Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
-67131000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
113525000 USD
CY2011Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
30646000 USD
CY2010Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
508000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
-4737000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
80000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
-1064000 USD
CY2010Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
244897000 USD
CY2011Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
249321000 USD
us-gaap Payments For Repurchase Of Common Stock
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96861000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
81179000 USD
CY2010Q1 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
3060000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
442337000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
172353000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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56620000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
60340000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
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286136000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
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us-gaap Proceeds From Sale Of Buildings
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16971000 USD
us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
0 USD
us-gaap Proceeds From Stock Options Exercised
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6405000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
46146000 USD
CY2010Q3 us-gaap Profit Loss
ProfitLoss
116193000 USD
us-gaap Profit Loss
ProfitLoss
203234000 USD
us-gaap Profit Loss
ProfitLoss
292808000 USD
CY2011Q3 us-gaap Profit Loss
ProfitLoss
156311000 USD
CY2010Q4 us-gaap Property Plant And Equipment Gross
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1024718000 USD
CY2011Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1096372000 USD
CY2011Q3 us-gaap Property Plant And Equipment Net
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544224000 USD
CY2010Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
505540000 USD
CY2010Q3 us-gaap Repayments Of Other Long Term Debt
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9000000 USD
CY2011Q3 us-gaap Restructuring Charges
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5221000 USD
CY2010Q3 us-gaap Restructuring Charges
RestructuringCharges
5649000 USD
us-gaap Restructuring Charges
RestructuringCharges
14828000 USD
us-gaap Restructuring Charges
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13086000 USD
CY2011Q3 us-gaap Restructuring Reserve
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12408000 USD
CY2011Q3 us-gaap Retained Earnings Accumulated Deficit
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2466653000 USD
CY2010Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2174147000 USD
us-gaap Revenue Recognition Multiple Element Arrangements
RevenueRecognitionMultipleElementArrangements
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effective January 1, 2011, the company adopted the Financial Accounting Standards Board ("FASB") Accounting Standards Update No. 2009-13, "Multiple-Deliverable Revenue Arrangements" ("ASU No. 2009-13") and Accounting Standards Update No. 2009-14, "Certain Revenue Arrangements That Include Software Elements" ("ASU No. 2009-14"). ASU No. 2009-13 amends guidance included within ASC Topic 605-25</font><font style="font-family:inherit;font-size:10pt;font-style:italic;"> </font><font style="font-family:inherit;font-size:10pt;">to require an entity to use an estimated selling price when vendor specific objective evidence or acceptable third party evidence does not exist for any products or services included in a multiple element arrangement. The arrangement consideration should be allocated among the products and services based upon their relative selling prices, thus eliminating the use of the residual method of allocation. ASU No. 2009-13 also requires expanded qualitative and quantitative disclosures regarding significant judgments made and changes in applying this guidance. ASU No. 2009-14 amends guidance included within ASC Topic 985-605 to exclude tangible products containing software components and non-software components that function together to deliver the product's essential functionality. Entities that sell joint hardware and software products that meet this scope exception will be required to follow the guidance of ASU No. 2009-13. The adoption of the provisions of ASU No. 2009-13 and ASU No. 2009-14 did not materially impact the company's consolidated financial position and results of operations.</font></div></div>
us-gaap Sales Revenue Net
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10762934000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
8848673000 USD
CY2011Q3 us-gaap Sales Revenue Net
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5539931000 USD
CY2010Q3 us-gaap Sales Revenue Net
SalesRevenueNet
4613307000 USD
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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115434000 shares
CY2010Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
119228000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
115323000 shares
dei Amendment Flag
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false
us-gaap Selling General And Administrative Expense
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742625000 USD
CY2011Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
490590000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
955510000 USD
CY2010Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
375876000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
21178000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
17053000 USD
CY2011Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
550655000 USD
CY2010Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
61210000 USD
CY2011Q3 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.045
CY2010Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.019
us-gaap Stock Repurchase Program Authorized Amount
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50000000 USD
CY2011Q3 us-gaap Stockholders Equity
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3630502000 USD
CY2010Q4 us-gaap Stockholders Equity
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3251195000 USD
CY2011Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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3634043000 USD
CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3251195000 USD
CY2011Q3 us-gaap Treasury Stock Shares
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10456000 shares
CY2010Q4 us-gaap Treasury Stock Shares
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10690000 shares
us-gaap Treasury Stock Shares Acquired
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1100313 shares
CY2010Q4 us-gaap Treasury Stock Value
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318494000 USD
CY2011Q3 us-gaap Treasury Stock Value
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339437000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
49999000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2010Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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120585000 shares
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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117469000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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117463000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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119731000 shares
CY2011Q3 arw Accumulated Other Comprehensive Income Loss Other
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-5907000 USD
CY2010Q4 arw Accumulated Other Comprehensive Income Loss Other
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-1170000 USD
CY2011Q3 arw Asset Securitization Program Facility Fee
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0.005
CY2011Q3 arw Asset Securitization Program Interest Rate Spread At End Of Period
AssetSecuritizationProgramInterestRateSpreadAtEndOfPeriod
0.005
CY2011Q3 arw Asset Securitization Program Maximum Capacity
AssetSecuritizationProgramMaximumCapacity
600000000 USD
arw Equity In Earnings Of Affiliated Companies
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="17" rowspan="1"></td></tr><tr><td width="44%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Quarter&#160;Ended</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Six Months Ended</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">July&#160;2, <br clear="none"></br>2011</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">July&#160;3, <br clear="none"></br>2010</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">July&#160;2, <br clear="none"></br>2011</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">July&#160;3, <br clear="none"></br>2010</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Marubun/Arrow</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,175</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,562</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,992</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,477</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Altech Industries</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">233</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">223</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">629</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">456</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#ccffcc;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,408</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#ccffcc;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,785</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#ccffcc;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,621</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#ccffcc;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,933</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"></br></font></div></div>
CY2011Q3 arw Equity Method Investment Pro Rata Share Of Debt Obligations Of Joint Venture
EquityMethodInvestmentProRataShareOfDebtObligationsOfJointVenture
15200000 USD
arw Extinguishment Of Debt Gain Loss Net Of Tax Per Share Basic
ExtinguishmentOfDebtGainLossNetOfTaxPerShareBasic
-0.01
CY2010Q3 arw Extinguishment Of Debt Gain Loss Net Of Tax Per Share Basic
ExtinguishmentOfDebtGainLossNetOfTaxPerShareBasic
-0.01
arw Extinguishment Of Debt Gain Loss Net Of Tax Per Share Diluted
ExtinguishmentOfDebtGainLossNetOfTaxPerShareDiluted
-0.01
CY2010Q3 arw Extinguishment Of Debt Gain Loss Net Of Tax Per Share Diluted
ExtinguishmentOfDebtGainLossNetOfTaxPerShareDiluted
-0.01
arw Future Costs Expected To Be Covered By Indeminifcations
FutureCostsExpectedToBeCoveredByIndeminifcations
450000 USD
arw Gain Loss Related To Litigation Settlement Net Of Tax
GainLossRelatedToLitigationSettlementNetOfTax
-3609000 USD
arw Gain Loss Related To Litigation Settlement Net Of Tax
GainLossRelatedToLitigationSettlementNetOfTax
0 USD
CY2010Q3 arw Income Before Income Taxes And Adjustment For Noncontrolling Interest
IncomeBeforeIncomeTaxesAndAdjustmentForNoncontrollingInterest
170051000 USD
arw Income Before Income Taxes And Adjustment For Noncontrolling Interest
IncomeBeforeIncomeTaxesAndAdjustmentForNoncontrollingInterest
297383000 USD
arw Income Before Income Taxes And Adjustment For Noncontrolling Interest
IncomeBeforeIncomeTaxesAndAdjustmentForNoncontrollingInterest
419571000 USD
CY2011Q3 arw Income Before Income Taxes And Adjustment For Noncontrolling Interest
IncomeBeforeIncomeTaxesAndAdjustmentForNoncontrollingInterest
223202000 USD
CY2010Q3 arw Number Of Properties Sold Requiring Repayment Of Debt
NumberOfPropertiesSoldRequiringRepaymentOfDebt
1
CY2011Q3 arw Number Of Years For Personnel Accrual To Be Spent
NumberOfYearsForPersonnelAccrualToBeSpent
1
arw Restructuring Charges Net Of Tax
RestructuringChargesNetOfTax
9640000 USD
arw Restructuring Charges Net Of Tax
RestructuringChargesNetOfTax
10783000 USD
CY2011Q3 arw Restructuring Charges Net Of Tax
RestructuringChargesNetOfTax
3584000 USD
CY2010Q3 arw Restructuring Charges Net Of Tax
RestructuringChargesNetOfTax
4095000 USD
arw Restructuring Charges Net Of Tax Per Share Basic
RestructuringChargesNetOfTaxPerShareBasic
0.09
CY2011Q3 arw Restructuring Charges Net Of Tax Per Share Basic
RestructuringChargesNetOfTaxPerShareBasic
0.03
arw Restructuring Charges Net Of Tax Per Share Basic
RestructuringChargesNetOfTaxPerShareBasic
0.08
CY2010Q3 arw Restructuring Charges Net Of Tax Per Share Basic
RestructuringChargesNetOfTaxPerShareBasic
0.03
CY2010Q3 arw Restructuring Charges Net Of Tax Per Share Diluted
RestructuringChargesNetOfTaxPerShareDiluted
0.03
arw Restructuring Charges Net Of Tax Per Share Diluted
RestructuringChargesNetOfTaxPerShareDiluted
0.09
arw Restructuring Charges Net Of Tax Per Share Diluted
RestructuringChargesNetOfTaxPerShareDiluted
0.08
CY2011Q3 arw Restructuring Charges Net Of Tax Per Share Diluted
RestructuringChargesNetOfTaxPerShareDiluted
0.03
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
dei Document Period End Date
DocumentPeriodEndDate
2011-07-02
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000007536
CY2011Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
114918382 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Arrow Electronics Inc
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No

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