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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2018
Acquisitions [Abstract]  
Business Acquisition, Pro Forma Information
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.
The following table summarizes the results of the acquired IIC operations since the acquisition date that have been included within our Consolidated Statements of Comprehensive Income (Loss).

 
January 1, 2018 to December 31, 2018
 
January 1, 2017 to December 31, 2017
 
April 29, 2016 to December 31, 2016
Revenues
$
27,024

 
$
31,780

 
$
28,573

Net income
(2,906
)
 
385

 
9,645

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
$
10,145

 
$
6,712

 
$
16,857

 
$
5,698

 
$
31,960

 
$
37,658

Diluted earnings per share
$
0.27

 
$
—

 
$
0.39

 
$
0.26

 
$
—

 
$
0.88


(1) Adjustments are for the period from January 1, 2016 through April 3, 2017.
The following table summarizes the results of the acquired AmCo operations since the acquisition date that have been included within our Consolidated Statements of Comprehensive Income (Loss).

 
January 1, 2018 to December 31, 2018
 
April 3, 2017 to December 31, 2017
Revenues
$
193,168

 
$
134,386

Net income
18,673

 
14,778
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

Ceded unearned 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