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Investments in Affiliated Companies
6 Months Ended
Jul. 03, 2021
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 3,
2021
December 31,
2020
Marubun/Arrow$57,921 $65,943 
Other11,016 10,415 
 $68,937 $76,358 

The equity in earnings (losses) of affiliated companies consists of the following:
  Quarter EndedSix Months Ended
  July 3,
2021
June 27,
2020
July 3,
2021
June 27,
2020
Marubun/Arrow$35 $(217)$892 $228 
Other155 (66)142 19 
 $190 $(283)$1,034 $247 

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 3, 2021 and December 31, 2020.