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Investments in Affiliated Companies | 12 Months Ended
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Dec. 31, 2023
Investments in Affiliated Companies |
Investments in Affiliated Companies | 3. Investments in Affiliated Companies The company owns a 50% interest in 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: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(thousands) |  | 2023 |  | 2022
Marubun/Arrow | ​ | $ | 50,779 | ​ | $ | 54,292
Other | ​ |  | 11,962 | ​ |  | 10,820
​ | ​ | $ | 62,741 | ​ | $ | 65,112
​ The equity in earnings of affiliated companies consists of the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(thousands) |  | 2023 |  | 2022 |  | 2021
Marubun/Arrow | ​ | $ | 4,452 | ​ | $ | 6,289 | ​ | $ | 2,684
Other | ​ |  | 1,955 | ​ |  | 1,375 | ​ |  | 824
​ | ​ | $ | 6,407 | ​ | $ | 7,664 | ​ | $ | 3,508
​ 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 December 31, 2023 and 2022.

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 323 -SubTopic 740 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481543/323-740-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 323 -Publisher FASB -URI https://asc.fasb.org//323/tableOfContent + Details
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