2014 Q1 Form 10-Q Financial Statement

#000152650814000025 Filed on May 06, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $5.082B $4.850B
YoY Change 4.79% -0.82%
Cost Of Revenue $4.378B $4.208B
YoY Change 4.06% -0.03%
Gross Profit $703.8M $642.1M
YoY Change 9.62% -5.66%
Gross Profit Margin 13.85% 13.24%
Selling, General & Admin $477.9M $451.4M
YoY Change 5.87% -0.97%
% of Gross Profit 67.9% 70.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $36.57M $31.51M
YoY Change 16.08% 8.45%
% of Gross Profit 5.2% 4.91%
Operating Expenses $477.9M $451.4M
YoY Change 5.87% -0.97%
Operating Profit $177.7M $137.6M
YoY Change 29.22% -26.62%
Interest Expense -$26.30M -$28.40M
YoY Change -7.39% 14.06%
% of Operating Profit -14.8% -20.65%
Other Income/Expense, Net
YoY Change
Pretax Income $149.5M $105.7M
YoY Change 41.44% -34.95%
Income Tax $42.33M $27.77M
% Of Pretax Income 28.31% 26.27%
Net Earnings $107.1M $77.88M
YoY Change 37.55% -31.46%
Net Earnings / Revenue 2.11% 1.61%
Basic Earnings Per Share $1.07 $0.74
Diluted Earnings Per Share $1.06 $0.72
COMMON SHARES
Basic Shares Outstanding 99.95M shares 105.9M shares
Diluted Shares Outstanding 101.4M shares 107.8M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $258.0M $364.0M
YoY Change -29.12% -50.81%
Cash & Equivalents $258.3M $364.2M
Short-Term Investments
Other Short-Term Assets $287.7M $381.4M
YoY Change -24.57% 80.88%
Inventory $2.094B $2.067B
Prepaid Expenses
Receivables $4.846B $4.493B
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.487B $7.305B
YoY Change 2.48% 1.89%
LONG-TERM ASSETS
Property, Plant & Equipment $641.5M $601.5M
YoY Change 6.65% 6.75%
Goodwill $2.084B $1.704B
YoY Change 22.28% 5.51%
Intangibles $430.5M $404.0M
YoY Change 6.56% -3.98%
Long-Term Investments $68.36M $66.55M
YoY Change 2.73% 4.82%
Other Assets $321.9M $278.3M
YoY Change 15.65% -9.08%
Total Long-Term Assets $3.546B $3.055B
YoY Change 16.09% 2.88%
TOTAL ASSETS
Total Short-Term Assets $7.487B $7.305B
Total Long-Term Assets $3.546B $3.055B
Total Assets $11.03B $10.36B
YoY Change 6.49% 2.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.627B $3.282B
YoY Change 10.53% 3.86%
Accrued Expenses $653.0M $608.4M
YoY Change 7.35% -0.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $16.00M $37.00M
YoY Change -56.76% 19.35%
Total Short-Term Liabilities $4.297B $3.927B
YoY Change 9.41% 3.37%
LONG-TERM LIABILITIES
Long-Term Debt $2.143B $2.205B
YoY Change -2.8% -2.03%
Other Long-Term Liabilities $367.1M $319.3M
YoY Change 14.96% 13.98%
Total Long-Term Liabilities $2.510B $2.524B
YoY Change -0.56% -0.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.297B $3.927B
Total Long-Term Liabilities $2.510B $2.524B
Total Liabilities $6.807B $6.451B
YoY Change 5.51% 1.92%
SHAREHOLDERS EQUITY
Retained Earnings $3.786B $3.357B
YoY Change 12.77% 16.3%
Common Stock $1.182B $1.172B
YoY Change 0.85% -1.36%
Preferred Stock
YoY Change
Treasury Stock (at cost) $962.6M $704.0M
YoY Change 36.73% 54.17%
Treasury Stock Shares 25.82M shares 20.38M shares
Shareholders Equity $4.221B $3.904B
YoY Change
Total Liabilities & Shareholders Equity $11.03B $10.36B
YoY Change 6.49% 2.18%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $107.1M $77.88M
YoY Change 37.55% -31.46%
Depreciation, Depletion And Amortization $36.57M $31.51M
YoY Change 16.08% 8.45%
Cash From Operating Activities $124.0M -$179.4M
YoY Change -169.14% -171.67%
INVESTING ACTIVITIES
Capital Expenditures $32.84M $26.75M
YoY Change 22.77% 20.21%
Acquisitions $60.22M $9.382M
YoY Change 541.91% -94.16%
Other Investing Activities $0.00 $3.000M
YoY Change -100.0%
Cash From Investing Activities -$93.07M -$39.13M
YoY Change 137.82% -78.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $88.50M $113.5M
YoY Change -22.03% 96.77%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$158.8M $186.5M
YoY Change -185.17% -32.92%
NET CHANGE
Cash From Operating Activities $124.0M -$179.4M
Cash From Investing Activities -$93.07M -$39.13M
Cash From Financing Activities -$158.8M $186.5M
Net Change In Cash -$127.9M -$32.04M
YoY Change 299.13% -109.27%
FREE CASH FLOW
Cash From Operating Activities $124.0M -$179.4M
Capital Expenditures $32.84M $26.75M
Free Cash Flow $91.19M -$206.2M
YoY Change -144.24% -190.39%

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 accompanying consolidated financial statements of Arrow Electronics, Inc. (the "company") were prepared in accordance with accounting principles generally accepted in the United States and reflect all adjustments of a normal recurring nature, which are, in the opinion of management, necessary for a fair presentation of the consolidated financial position and results of operations at and for the periods presented.&#160; The consolidated results of operations for the interim periods are not necessarily indicative of results for the full year.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These consolidated financial statements do not include all of the information or notes necessary for a complete presentation and, accordingly, should be read in conjunction with the company's audited consolidated financial statements and accompanying notes for the year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2013</font><font style="font-family:inherit;font-size:10pt;">, as filed in the company's Annual Report on Form 10-K.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;"></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 closest to the end of the calendar quarter.</font></div></div>
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CY2013Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1744000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
99000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
596000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
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CY2014Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
367064000 USD
CY2013Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1596000 USD
CY2014Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1492000 USD
CY2013Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3000000 USD
CY2014Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2014Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
88501000 USD
CY2013Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2013Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
9382000 USD
CY2014Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
60224000 USD
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
32843000 USD
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
26751000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
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CY2014Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2013Q1 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
44300000 USD
CY2014Q1 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-85000000 USD
CY2014Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-7338000 USD
CY2013Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-14342000 USD
CY2014Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
16142000 USD
CY2013Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10600000 USD
CY2013Q1 us-gaap Profit Loss
ProfitLoss
77958000 USD
CY2014Q1 us-gaap Profit Loss
ProfitLoss
107192000 USD
CY2014Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1306381000 USD
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1280621000 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
641521000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
632389000 USD
CY2014Q1 us-gaap Recovery Of Direct Costs
RecoveryOfDirectCosts
33000000 USD
CY2014Q1 us-gaap Restructuring Charges
RestructuringCharges
11614000 USD
CY2013Q1 us-gaap Restructuring Charges
RestructuringCharges
21610000 USD
CY2014Q1 us-gaap Restructuring Reserve
RestructuringReserve
32388000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3678709000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3785829000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
4849629000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
5082040000 USD
CY2014Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
477903000 USD
CY2013Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
451405000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
9796000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
5983000 USD
CY2014Q1 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.043
CY2013Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.045
CY2013Q3 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
200000000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
4221237000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
4180232000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4184828000 USD
CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4225906000 USD
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
25488000 shares
CY2014Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
25820000 shares
CY2014Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2294163 shares
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
920528000 USD
CY2014Q1 us-gaap Treasury Stock Value
TreasuryStockValue
962635000 USD
CY2014Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
123571000 USD
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101399000 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107824000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
99948000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105889000 shares
CY2014Q1 arw Accumulated Other Comprehensive Income Loss Other
AccumulatedOtherComprehensiveIncomeLossOther
216293000 USD
CY2013Q4 arw Accumulated Other Comprehensive Income Loss Other
AccumulatedOtherComprehensiveIncomeLossOther
225552000 USD
CY2013Q1 arw Amortizationof Intangible Assets Netof Tax
AmortizationofIntangibleAssetsNetofTax
7116000 USD
CY2014Q1 arw Amortizationof Intangible Assets Netof Tax
AmortizationofIntangibleAssetsNetofTax
8907000 USD
CY2013Q1 arw Amortizationofintangibleassetspersharebasic
Amortizationofintangibleassetspersharebasic
0.07
CY2014Q1 arw Amortizationofintangibleassetspersharebasic
Amortizationofintangibleassetspersharebasic
0.09
CY2013Q1 arw Amortizationofintangibleassetspersharediluted
Amortizationofintangibleassetspersharediluted
0.07
CY2014Q1 arw Amortizationofintangibleassetspersharediluted
Amortizationofintangibleassetspersharediluted
0.09
CY2013Q1 arw Cash Paid For Termination Of Net Investment Hedges
CashPaidForTerminationOfNetInvestmentHedges
7700000 USD
CY2013Q1 arw Derivative Instrument Gain Loss Reclassifiedinto Income Net
DerivativeInstrumentGainLossReclassifiedintoIncomeNet
292000 USD
CY2014Q1 arw Derivative Instrument Gain Loss Reclassifiedinto Income Net
DerivativeInstrumentGainLossReclassifiedintoIncomeNet
-161000 USD
CY2014Q1 arw Equity In Earnings Of Affiliated Companies
EquityInEarningsOfAffiliatedCompanies
<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 equity in earnings of affiliated companies consists of the following:</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="9" rowspan="1"></td></tr><tr><td width="72%" 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></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;">March&#160;29, <br clear="none"/>2014</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;">March&#160;30, <br clear="none"/>2013</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;">$</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,148</font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">1,633</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"/></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;">269</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"/></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;">350</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"/></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;">$</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#ccffcc;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,417</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#ccffcc;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#ccffcc;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</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;">1,983</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"/></font></div></td></tr></table></div></div></div>
CY2014Q1 arw Equity Method Investment Pro Rata Share Of Debt Obligations Of Joint Venture
EquityMethodInvestmentProRataShareOfDebtObligationsOfJointVenture
350000 USD
CY2013Q1 arw Extinguishmentof Debt Gain Loss Netof Tax Per Share Basic
ExtinguishmentofDebtGainLossNetofTaxPerShareBasic
0.02
CY2013Q1 arw Extinguishmentof Debt Gain Loss Netof Tax Per Share Diluted
ExtinguishmentofDebtGainLossNetofTaxPerShareDiluted
0.02
CY2013Q4 arw Finite And Indefinite Lived Intangible Assets Gross
FiniteAndIndefiniteLivedIntangibleAssetsGross
567478000 USD
CY2014Q1 arw Finite And Indefinite Lived Intangible Assets Gross
FiniteAndIndefiniteLivedIntangibleAssetsGross
581262000 USD
CY2014Q1 arw Income Before Income Taxes And Adjustment For Noncontrolling Interest
IncomeBeforeIncomeTaxesAndAdjustmentForNoncontrollingInterest
149520000 USD
CY2013Q1 arw Income Before Income Taxes And Adjustment For Noncontrolling Interest
IncomeBeforeIncomeTaxesAndAdjustmentForNoncontrollingInterest
105728000 USD
CY2014Q1 arw Redemption Of Senior Notes
RedemptionOfSeniorNotes
0 USD
CY2013Q1 arw Redemption Of Senior Notes
RedemptionOfSeniorNotes
-338184000 USD
CY2014Q1 arw Restructuring Charges Net Of Tax
RestructuringChargesNetOfTax
8020000 USD
CY2013Q1 arw Restructuring Charges Net Of Tax
RestructuringChargesNetOfTax
15495000 USD
CY2014Q1 arw Restructuring Charges Net Of Tax Per Share Basic
RestructuringChargesNetOfTaxPerShareBasic
0.08
CY2013Q1 arw Restructuring Charges Net Of Tax Per Share Basic
RestructuringChargesNetOfTaxPerShareBasic
0.15
CY2013Q1 arw Restructuring Charges Net Of Tax Per Share Diluted
RestructuringChargesNetOfTaxPerShareDiluted
0.14
CY2014Q1 arw Restructuring Charges Net Of Tax Per Share Diluted
RestructuringChargesNetOfTaxPerShareDiluted
0.08
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-29
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000007536
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
99635590 shares
CY2014Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
Arrow Electronics Inc
CY2014Q1 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014Q1 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2014Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
362489000 USD
CY2013Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
445684000 USD

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