Arrow electronics inc (ARW)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Sales

6,381

7,338

7,078

7,344

7,155

7,918

7,490

7,392

6,875

7,539

6,856

6,422

5,736

6,105

5,936

5,972

5,474

6,751

5,698

5,829

5,002

6,396

5,613

5,676

5,082

6,153

5,048

5,306

4,849

5,402

4,962

5,150

4,889

5,440

5,186

5,539

5,223

5,238

4,657

4,613

4,235

3,671

3,391

Cost of sales

5,653

6,515

6,279

6,529

6,294

6,942

6,566

6,459

6,006

6,610

6,013

5,598

4,975

5,282

5,162

5,173

4,725

5,912

4,955

5,061

4,317

5,581

4,884

4,929

4,378

5,365

4,376

4,616

4,207

4,695

4,299

4,463

4,208

4,695

4,475

4,769

4,500

4,554

4,049

4,024

3,697

3,250

2,989

Gross profit

728

822

798

814

861

975

923

932

868

929

842

824

761

-

773

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Selling, general, and administrative expenses

533

513

522

599

556

583

575

580

562

562

552

531

515

512

510

518

505

529

497

504

454

506

485

489

477

497

453

470

451

480

456

457

455

469

467

490

464

423

390

375

366

321

315

Depreciation and amortization

47

50

45

46

47

47

45

46

47

40

38

37

37

37

40

40

40

37

40

39

37

40

39

39

36

34

32

32

31

30

27

28

29

28

25

26

22

21

19

17

18

16

16

Loss on disposition of businesses, net

0

-5

-14

0

-0

0

-2

0

-1

-21

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairments (Notes D and E)

-

-

0

697

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring, integration, and other charges

9

15

43

19

11

9

10

19

21

18

15

24

15

0

24

16

20

17

17

17

16

14

3

9

11

18

22

30

21

11

14

13

8

14

8

5

9

6

14

5

7

37

19

Settlement of legal matters

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-5

-

0

0

-

-

-

Total operating expenses

590

584

625

1,364

616

640

633

645

632

642

607

593

568

-9,348

574

5,748

5,292

-13,749

5,512

5,623

4,824

6,220

5,413

5,468

4,904

5,916

4,885

5,150

4,712

5,138

4,798

4,961

4,702

5,208

4,977

5,291

5,003

5,006

4,473

4,424

4,090

3,626

3,340

Operating income

138

238

173

-549

245

334

290

286

235

286

235

230

193

273

198

223

181

254

185

206

177

176

199

208

177

237

162

155

137

264

163

188

187

232

209

248

219

231

184

189

145

45

51

Equity in earnings (losses) of affiliated companies

0

-0

-1

0

-1

-1

-0

0

-0

0

1

0

0

2

1

2

1

2

1

1

1

2

2

1

1

2

1

1

1

2

2

1

2

1

2

1

1

1

1

1

1

1

1

Gain (loss) on investments, net

-16

3

1

1

5

-10

1

-2

-2

2

-13

2

1

-

0

0

-

-

0

-

-

-

29

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Employee benefit plan expense

1

21

1

1

1

3

1

1

1

18

1

1

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-0

-58

-

-

0

0

-

-

-

-

-

-

-

-

-

0

0

0

-4

0

0

0

0

-

-

-

-

-

0

-1

-

-5

0

Gain on bargain purchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

-

0

0

-

-

-

Interest and other financing expense, net

-43

-50

-49

-51

-51

-54

-54

-60

-45

-44

-40

-42

-38

-39

-37

-39

-35

-34

-35

-34

-30

-29

-27

-28

-29

-27

-27

-30

-29

-22

-23

-28

-27

-28

-25

-26

-25

-19

-18

-19

-19

-18

-17

Other expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

77

169

122

-600

196

264

235

222

186

226

180

130

155

218

162

186

147

220

152

172

146

149

204

180

149

212

137

127

105

244

142

161

162

204

186

223

196

214

167

170

127

23

35

Provision for income taxes

27

57

29

-52

53

32

57

51

46

171

45

29

39

53

44

51

41

61

41

47

40

32

57

52

42

77

40

37

27

69

38

47

48

29

53

66

59

56

48

53

40

11

14

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

49

112

92

-547

142

232

178

171

139

55

134

100

116

165

117

135

106

159

110

124

106

116

146

128

107

134

96

90

77

174

103

114

113

174

132

156

136

157

118

116

87

12

21

Noncontrolling interests

0

0

0

1

1

1

1

1

0

1

0

0

1

0

0

1

0

0

1

0

0

0

-0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-0

-0

-0

Net Income (Loss) Attributable to Parent

49

112

92

-548

140

230

176

169

139

53

134

99

114

164

117

134

106

158

109

123

106

116

146

127

107

134

96

89

77

174

103

114

113

174

132

156

136

157

118

116

87

12

21

Earnings Per Share [Abstract]
Basic

0.62

1.28

1.11

-6.48

1.65

2.65

2.02

1.94

1.58

0.61

1.52

1.12

1.29

1.84

1.29

1.46

1.16

1.69

1.16

1.30

1.11

1.20

1.49

1.29

1.07

1.32

0.96

0.87

0.74

1.63

0.96

1.04

1.01

1.55

1.17

1.35

1.18

1.36

1.01

0.97

0.72

0.10

0.18

Diluted

0.61

1.31

1.10

-6.48

1.63

2.63

1.99

1.92

1.56

0.60

1.50

1.11

1.27

1.81

1.28

1.45

1.14

1.68

1.15

1.28

1.09

1.18

1.47

1.27

1.06

1.32

0.95

0.86

0.72

1.60

0.94

1.02

1.00

1.53

1.15

1.33

1.16

1.34

1.00

0.96

0.71

0.10

0.18

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

80

81

82

84

85

86

87

87

87

88

88

88

89

89

90

91

91

92

94

95

95

96

98

99

99

100

100

103

105

106

108

110

112

112

113

115

115

115

116

119

120

119

119

Weighted Average Number of Shares Outstanding, Diluted

81

79

83

84

86

87

88

88

89

89

89

89

90

90

91

92

92

93

95

96

97

97

99

100

101

101

101

104

107

108

109

112

114

113

114

117

117

117

118

120

121

120

120