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Business Combinations (Tables) | 9 Months Ended
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Sep. 30, 2018
Business Combinations [Abstract] |
Acquisition Method for Recording Business Combinations | During the nine-month period ended September 30, 2018, we acquired substantially all of the net assets of the following firms in exchange for our common stock and/or cash. These acquisitions have been accounted for using the acquisition method for recording business combinations (in millions, except share data):
Name and Effective Date of Acquisition |  | Common Shares Issued |  |  | Common Share Value |  |  | Cash Paid |  |  | Accrued Liability |  |  | Escrow Deposited |  |  | Recorded Earnout Payable |  |  | Total Recorded Purchase Price |  |  | Maximum Potential Earnout Payable |
|  | (000s) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Market Financial Group, Ltd and Austin Consulting Group, Inc. (MFG) January 1, 2018 |  |  | 53 |  |  | $ | 3.7 |  |  | $ | 33.9 |  |  | $ | — |  |  | $ | 4.2 |  |  | $ | 2.7 |  |  | $ | 44.5 |  |  | $ | 7.0 |
McGregor & Associates (M&A) March 1, 2018 |  |  | — |  |  |  | — |  |  |  | 13.5 |  |  |  | — |  |  |  | 2.5 |  |  |  | 5.1 |  |  |  | 21.1 |  |  |  | 12.0 |
Pronto Insurance (PI) June 5, 2018 |  |  | — |  |  |  | — |  |  |  | 294.8 |  |  |  | — |  |  |  | 18.7 |  |  |  | — |  |  |  | 313.5 |  |  |  | — |
Reassurance Holdings, Inc. (RHI) July 1, 2018 |  |  | 343 |  |  |  | 24.4 |  |  |  | 84.4 |  |  |  | — |  |  |  | 13.3 |  |  |  | 8.3 |  |  |  | 130.4 |  |  |  | 21.5 |
25 other acquisitions completed in 2018 |  |  | 382 |  |  |  | 22.6 |  |  |  | 133.8 |  |  |  | 0.4 |  |  |  | 15.3 |  |  |  | 36.7 |  |  |  | 208.8 |  |  |  | 80.0 |
|  |  | 778 |  |  | $ | 50.7 |  |  | $ | 560.4 |  |  | $ | 0.4 |  |  | $ | 54.0 |  |  | $ | 52.8 |  |  | $ | 718.3 |  |  | $ | 120.5 |
Summary of Estimated Fair Values of Net Assets Acquired | The following is a summary of the estimated fair values of the net assets acquired at the date of each acquisition made in the nine-month period ended September 30, 2018 (in millions):
|  | MFG |  |  | M&A |  |  | PI |  |  | RHI |  |  | 25 Other Acquisitions |  |  | Total |
Cash |  | $ | 0.1 |  |  | $ | — |  |  | $ | 7.2 |  |  | $ | — |  |  | $ | 6.4 |  |  | $ | 13.7 |
Other current assets |  |  | 3.0 |  |  |  | 0.5 |  |  |  | 66.8 |  |  |  | 18.4 |  |  |  | 43.1 |  |  |  | 131.8 |
Fixed assets |  |  | 0.4 |  |  |  | 1.4 |  |  |  | 2.6 |  |  |  | 1.4 |  |  |  | 0.7 |  |  |  | 6.5 |
Noncurrent assets |  |  | — |  |  |  | — |  |  |  | 8.3 |  |  |  | 0.5 |  |  |  | 0.2 |  |  |  | 9.0 |
Goodwill |  |  | 24.6 |  |  |  | 5.2 |  |  |  | 193.3 |  |  |  | 63.1 |  |  |  | 118.5 |  |  |  | 404.7 |
Expiration lists |  |  | 19.6 |  |  |  | 15.1 |  |  |  | 105.7 |  |  |  | 72.4 |  |  |  | 105.4 |  |  |  | 318.2 |
Non-compete agreements |  |  | — |  |  |  | 0.1 |  |  |  | 0.3 |  |  |  | 0.8 |  |  |  | 1.6 |  |  |  | 2.8 |
Trade names |  |  | 0.1 |  |  |  | — |  |  |  | 35.4 |  |  |  | — |  |  |  | — |  |  |  | 35.5 |
Total assets acquired |  |  | 47.8 |  |  |  | 22.3 |  |  |  | 419.6 |  |  |  | 156.6 |  |  |  | 275.9 |  |  |  | 922.2 |
Current liabilities |  |  | 2.3 |  |  |  | 0.4 |  |  |  | 62.2 |  |  |  | 7.2 |  |  |  | 43.5 |  |  |  | 115.6 |
Noncurrent liabilities |  |  | 1.0 |  |  |  | 0.8 |  |  |  | 43.9 |  |  |  | 19.0 |  |  |  | 23.6 |  |  |  | 88.3 |
Total liabilities assumed |  |  | 3.3 |  |  |  | 1.2 |  |  |  | 106.1 |  |  |  | 26.2 |  |  |  | 67.1 |  |  |  | 203.9 |
Total net assets acquired |  | $ | 44.5 |  |  | $ | 21.1 |  |  | $ | 313.5 |  |  | $ | 130.4 |  |  | $ | 208.8 |  |  | $ | 718.3 |
Summary of Unaudited Pro Forma Historical Results | The following is a summary of the unaudited pro forma historical results, as if these entities had been acquired at January 1, 2017 (in millions, except per share data):
|  | Three-month period ended September 30, |  |  | Nine-month period ended September 30, |
|  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Total revenues |  | $ | 1,780.3 |  |  | $ | 1,650.2 |  |  | $ | 5,385.8 |  |  | $ | 4,904.7 |
Net earnings attributable to controlling interests |  |  | 127.5 |  |  |  | 113.0 |  |  |  | 524.0 |  |  |  | 421.5 |
Basic net earnings per share |  |  | 0.70 |  |  |  | 0.62 |  |  |  | 2.86 |  |  |  | 2.33 |
Diluted net earnings per share |  |  | 0.68 |  |  |  | 0.62 |  |  |  | 2.81 |  |  |  | 2.31 |

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