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Stockholders' Equity
9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Stockholders' Equity Stockholders' Equity
Common and Preferred Stock
The following table provides details with respect to the changes to the number of shares of common stock, $0.01 par value, outstanding during the first nine months of 2022 (in thousands):
Shares of common stock outstanding – December 31, 202161,378 
Issuance of common stock to seller of GEODynamics, Inc. (Note 12)
1,910 
Restricted stock awards, net of forfeitures776 
Shares withheld for taxes on vesting of stock awards(162)
Shares of common stock outstanding – September 30, 202263,902 
As of September 30, 2022 and December 31, 2021, the Company had 25,000,000 shares of preferred stock, $0.01 par value, authorized, with no shares issued or outstanding.
Accumulated Other Comprehensive Loss
Accumulated other comprehensive loss, reported as a component of stockholders' equity, primarily relates to fluctuations in currency exchange rates against the U.S. dollar as used to translate certain of the international operations of the Company's operating segments. Accumulated other comprehensive loss increased from $66.0 million at December 31, 2021 to $89.8 million at September 30, 2022. For the nine months ended September 30, 2022 and 2021, currency translation adjustments recognized as a component of other comprehensive loss were primarily attributable to the United Kingdom and Brazil.
During the nine months ended September 30, 2022, the exchange rate for the British pound weakened by 18% compared to the U.S. dollar while the Brazilian real strengthened by 3% compared to the U.S. dollar, contributing to other comprehensive loss of $23.8 million. During the nine months ended September 30, 2021, the exchange rate for the British pound and the Brazilian real weakened by 1% and 5%, respectively, compared to the U.S. dollar, contributing to other comprehensive loss of $4.2 million.