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Note 2 - Recapitalization
9 Months Ended
Sep. 30, 2018
Notes to Financial Statements  
Recapitalization [Text Block]
2.
RECAPITALIZATION
 
On
April 16, 2018,
the shareholders of the Company approved, among other things, an amendment to the Company’s Amended and Restated Articles of Incorporation (the "Articles") to effect the Recapitalization pursuant to which each share of the Company’s then-existing class B common stock was exchanged for
one
share of the Company’s then-existing class A common stock plus
$19.59
in cash, without interest. On
April 17, 2018,
the Company filed an amendment to its Articles effecting the Recapitalization and then a further amendment and restatement of the Company’s Articles which resulted in the elimination of the Company’s class B common stock and the reclassification of the Company’s class A common stock as a share of Common Stock, par value
$0.001
per share (“Common Stock”). The Company issued
3,617,615
shares of Common Stock and paid
$72.4
million in exchange for all class B shares outstanding and to settle outstanding share based awards for class B common stock. The Common Stock continues to trade on The NASDAQ Global Market under the revised symbol “NRC.”
 
In connection with the Recapitalization, on
April 18, 2018,
the Company entered into a credit agreement with First National Bank of Omaha, a national banking association (“FNB”), as described in Note
5.