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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2017
Business Combinations [Abstract]  
Schedule of Purchase Price Allocation
The final purchase price allocation is as follows:

Cash and cash equivalents
$
15,554

Investments
66,527

Premium and agents' receivable
3,186

Reinsurance receivable
1,042

Intangible assets
5,877

Insurance contract asset
8,334

Goodwill
10,157

Other assets
3,980

Deferred taxes
575

Unpaid losses and loss adjustment expenses
(24,967
)
Unearned premiums
(26,243
)
Advanced premiums
(1,472
)
Other liabilities
(2,079
)
Total purchase price
$
60,471

The preliminary purchase price allocation was as follows:

Cash and cash equivalents
$
95,284

Investments
222,920

Premium and agents' receivable
31,439

Reinsurance recoverable
20,230

Prepaid reinsurance premiums
22,544

Intangible assets
30,286

Insurance contract asset
33,812

Goodwill
46,109

Other assets
25,932

Unpaid losses and loss adjustment expenses
(60,529
)
Unearned premiums
(128,824
)
Reinsurance payable
(22,406
)
Deferred taxes
(15,046
)
Other liabilities
(27,367
)
Total purchase price
$
274,384

Schedule of Pro Forma Information
The unaudited pro forma financial information is not necessarily indicative of the results that we would have achieved had the transaction taken place on January 1, 2016, and the unaudited pro forma information does not purport to be indicative of future financial operating results.

 
Nine Months Ended September 30,
 
2017
 
2016
 
As
 
Pro Forma
 
 
 
As
 
Pro Forma
 
 
 
Reported
 
Adjustments
 
Pro Forma
 
Reported
 
Adjustments
 
Pro Forma
Revenues
$
471,834

 
$
38,096

 
$
509,930

 
$
355,684

 
$
135,087

 
$
490,771

 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
$
(16,856
)
 
$
6,712

 
$
(10,144
)
 
$
16,215

 
$
30,187

 
$
46,402

 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
$
(0.47
)
 
$

 
$
(0.24
)
 
$
0.75

 
$

 
$
1.09