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Investments in Affiliated Companies
6 Months Ended
Jul. 02, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Investments in Affiliated Companies Investments in Affiliated Companies
The company owns a 50% interest in each of the two joint ventures with Marubun Corporation (collectively "Marubun/Arrow") and a 50% interest in one other joint venture. These investments are accounted for using the equity method.

The following table presents the company’s investment in affiliated companies:
  July 2,
2022
December 31,
2021
Marubun/Arrow$55,335 $53,415 
Other10,397 10,280 
 $65,732 $63,695 

The equity in earnings of affiliated companies consists of the following:
  Quarter EndedSix Months Ended
  July 2,
2022
July 3,
2021
July 2,
2022
July 3,
2021
Marubun/Arrow$1,746 $35 $2,540 $892 
Other419 155 468 142 
 $2,165 $190 $3,008 $1,034 

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 July 2, 2022 and December 31, 2021.