ARROW ELECTRONICS INC

For the period ended Mar 30, 2024. Filed May 2, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 30, 2024 · Filed May 2, 2024

ARW$191.84+5.9%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(In thousands except per share data)


· · Quarter Ended ·
· · March 30, · · April 1, ·
· 2024 · 2023
Sales	$6,924,260	$8,736,428
Cost of sales	6,066,434	7,622,606
Gross profit	857,826	1,113,822
Operating expenses:
Selling, general, and administrative	583,326	642,431
Depreciation and amortization	41,727	46,679
Restructuring, integration, and other	46,856	2,560
	671,909	691,670
Operating income	185,917	422,152
Equity in losses of affiliated companies	(344)	(80)
Gain on investments, net	98	10,311
Employee benefit plan expense, net	(933)	(853)
Interest and other financing expense, net	(79,604)	(79,658)
Income before income taxes	105,134	351,872
Provision for income taxes	22,036	76,547
Consolidated net income	83,098	275,325
Noncontrolling interests	(503)	1,575
Net income attributable to shareholders	$83,601	$273,750

Net income per share:
Basic	$1.54	$4.66
Diluted	$1.53	$4.60
Weighted-average shares outstanding:
Basic	54,251	58,731
Diluted	54,815	59,479

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.