UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 1996
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission file number 1-4482
ARROW ELECTRONICS, INC.
(Exact name of Registrant as specified in its charter)
New York 11-1806155
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
25 Hub Drive, Melville, New York 11747
(Address of principal executive (Zip Code)
offices)
Registrant's telephone number,
including area code (516) 391-1300
Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
Yes X No
Indicate the number of shares outstanding of each of the issuer's classes
of common stock, as of the latest practicable date.
Common stock, $1 par value: 50,998,045 shares outstanding at May 31, 1996.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
ARROW ELECTRONICS, INC.
Date: June 25, 1996 By:/s/ Paul J. Reilly
-----------------------
Paul J. Reilly
Vice President and
Corporate Controller
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION
EXTRACTED FROM THE MARCH 1996 10-Q AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
<MULTIPLIER> 1,000
<CURRENCY> U.S.DOLLARS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-1-1996
<PERIOD-END> MAR-31-1996
<PERIOD-TYPE> 3-MOS
<EXCHANGE-RATE> 1
<CASH> 77,909
<SECURITIES> 0
<RECEIVABLES> 1,017,976
<ALLOWANCES> 39,240
<INVENTORY> 1,063,779
<CURRENT-ASSETS> 2,196,470
<PP&E> 199,370
<DEPRECIATION> 78,514
<TOTAL-ASSETS> 2,790,182
<CURRENT-LIABILITIES> 923,071
<BONDS> 449,787
0
0
<COMMON> 50,813
<OTHER-SE> 1,200,408
<TOTAL-LIABILITY-AND-EQUITY> 2,790,182
<SALES> 1,703,318
<TOTAL-REVENUES> 1,703,318
<CGS> 1,421,501
<TOTAL-COSTS> 1,586,634
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 4,600
<INTEREST-EXPENSE> 11,308
<INCOME-PRETAX> 105,275
<INCOME-TAX> 41,731
<INCOME-CONTINUING> 56,808
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 56,808
<EPS-PRIMARY> 1.11
<EPS-DILUTED> 1.11
</TABLE>
