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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Acquisitions [Abstract]    
Business Acquisition, 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.

 
Year Ended December 31,
 
2017
 
2016
 
As
 
Pro Forma
 
 
 
As
 
Pro Forma
 
 
 
Reported
 
Adjustments
 
Pro Forma
 
Reported
 
Adjustments
 
Pro Forma
Revenues
$
654,420

 
$
38,096

 
$
692,516

 
$
487,117

 
$
175,032

 
$
662,149

 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
$
10,145

 
$
6,712

 
$
16,857

 
$
5,698

 
$
31,960

 
$
37,658

 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
$
0.27

 
$
—

 
$
0.39

 
$
0.26

 
$
—

 
$
0.88
The unaudited pro forma 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.

 
 
For the Year Ended December 31, 2016
 
 
As
 
Pro Forma
 
 
 
 
Reported
 
Adjustments(1)
 
Pro Forma
Revenues
 
$
487,117

 
$
18,963

 
$
506,080

 
 
 
 
 
 
 
Net income
 
$
5,698

 
$
8,187

 
$
13,885

 
 
 
 
 
 
 
Diluted earnings per share
 
$
0.26

 
$
0.38

 
$
0.64

(1) Adjustments are for the period from January 1, 2016 through April 29, 2016.
Schedule of Business Acquisitions, by Acquisition
The final 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
59,475

Other assets
4,591

Unpaid losses and loss adjustment expenses
(60,529
)
Unearned premiums
(128,824
)
Reinsurance payable
(22,406
)
Deferred taxes
(17,093
)
Other liabilities
(6,261
)
Total purchase price
$
285,468
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