Arrow electronics inc (ARW)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Sales

28,916

29,676

26,554

23,487

23,282

22,768

21,357

20,405

21,390

18,744

14,684

16,761

Cost of sales

25,618

25,975

23,197

20,343

20,246

19,772

18,566

17,667

18,441

16,326

12,933

14,478

Gross profit

3,298

3,700

3,356

3,144

3,035

-

-

-

-

-

-

-

Operating expenses:
Selling, general, and administrative expenses

2,191

2,303

2,162

2,046

1,986

1,959

1,873

1,849

1,892

1,556

1,305

1,607

Depreciation and amortization

189

186

153

159

155

156

131

115

103

77

67

69

Loss on disposition of businesses, net

-21

-3

-21

0

0

78

0

0

-

-

-

-

Impairments (Notes D and E)

698

0

0

-

-

-

-

-

-

-

-

-

Restructuring, integration, and other charges

89

60

74

61

68

39

92

47

37

33

105

80

Settlement of legal matters

-

-

-

-

-

-

-

79

-5

0

0

-

Total operating expenses

3,190

2,553

2,411

2,267

2,210

22,006

20,663

19,601

20,481

17,993

14,411

17,254

Impairment charge

-

-

-

-

-

-

-

-

-

-

-

1,018

Operating income

107

1,147

945

876

824

762

693

804

908

750

272

-493

Equity in earnings (losses) of affiliated companies

-2

-2

3

7

7

7

7

8

6

6

4

6

Gain (loss) on investments, net

11

-14

-6

2

-0

29

0

0

-

-

-

-

Employee benefit plan expense

24

6

23

20

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

0

0

-59

0

-2

0

-4

0

-

-

-5

-

Gain on bargain purchase

-

-

-

-

-

-

-

-

-

-

0

-

Loss on the write-down of an investment

-

-

-

-

-

-

-

-

-

-

-

10

Interest and other financing expense, net

-203

-214

-165

-151

-135

-115

-114

-101

-105

-76

-83

-99

Other expense, net

-

-

-

-

-

0

0

-

0

1

-

-

Income before income taxes

-111

909

693

715

692

683

582

710

809

679

188

-596

Provision for income taxes

88

187

286

190

191

184

182

203

210

199

65

16

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-200

721

407

524

500

498

399

506

599

479

123

-613

Noncontrolling interests

3

5

5

1

2

0

0

0

0

-0

-0

0

Net Income (Loss) Attributable to Parent

-204

716

402

522

497

498

399

506

598

479

123

-613

Earnings Per Share [Abstract]
Basic

-2.44

8.19

4.54

5.75

5.26

5.05

3.89

4.64

5.25

4.06

1.03

-5.08

Diluted

-2.44

8.10

4.48

5.68

5.20

4.98

3.85

4.56

5.17

4.01

1.03

-5.08

Weighted-average shares outstanding:
Weighted Average Number of Shares Outstanding, Basic

83

87

88

90

94

98

102

109

114

117

119

0

Weighted Average Number of Shares Outstanding, Diluted

83

88

89

92

95

99

103

111

115

119

120

0