Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables summarize the operating results of the Company's reportable segments:

	Three Months Ended March 31, 2022
(in thousands)	Marketing Services		SaaS		Thryv International		Total
Revenue	$	212,533	$	47,343	$	48,499	$	308,375
Segment Gross profit	136,510		29,409		31,937		197,856
Segment Adjusted EBITDA	66,395		(4,364)		21,686		83,717

	Three Months Ended March 31, 2021
(in thousands)	Marketing Services		SaaS		Thryv International		Total
Revenue	$	227,933	$	37,251	$	15,422	$	280,606
Segment Gross profit	156,161		23,167		3,118		182,446
Segment Adjusted EBITDA	98,631		316		5,986		104,933

Reconciliation of Earnings Before Interest, Tax, Depreciation, and Amortization from Segments to Consolidated

A reconciliation of the Company’s Income before income tax expense to total Segment Adjusted EBITDA is as follows:

	Three Months Ended March 31,
(in thousands)	2022		2021
Income before income tax expense	$	43,132	$	48,315
Interest expense	14,867		15,672
Depreciation and amortization	21,969		19,718
Other components of net periodic pension (benefit)	(70)		(453)
Loss on early extinguishment of debt	—		299
Restructuring and integration expenses	5,827		9,234
Transaction costs (1)	1,720		10,546
Stock-based compensation expense	1,928		1,971
(Gain) from remeasurement of indemnification asset	(400)		—
Other	(5,256)		(369)
Total Segment Adjusted EBITDA	$	83,717	$	104,933

(1)Consists of Vivial Acquisition, Thryv Australia Acquisition and other transaction costs.

Disaggregation of Revenue

The following table sets forth the Company's disaggregation of revenue based on services for the periods indicated:

	Three Months Ended March 31,
(in thousands)	2022		2021
Marketing Services
Print	$	97,906	$	112,911
Digital	114,627		115,022
Total Marketing Services	212,533		227,933
SaaS	47,343		37,251
Thryv International
Print	21,500		5,713
Digital	26,164		9,709
SaaS	835		—
Total Thryv International	48,499		15,422
Total Revenue	$	308,375	$	280,606