Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table sets forth the changes in the carrying amount of goodwill for each of the Company's reporting units for the years ended December 31, 2022 and 2021:

	Thryv U.S.				Thryv International
(in thousands)	Marketing Services		SaaS		Marketing Services		SaaS		Total
Balance as of December 31, 2020	$	390,573	$	218,884	$	—	$	—	$	609,457
Additions	—		—		—		—		—
Impairments	—		—		—		—		—
Thryv Australia Acquisition	—		—		64,392		—		64,392
Effects of foreign currency translation	—		—		(1,963)		—		(1,963)
Balance as of December 31, 2021	$	390,573	$	218,884	$	62,429	$	—	$	671,886
Additions	—		—		—		—		—
Impairments	(102,000)		—		—		—		(102,000)
Effects of foreign currency translation	—		—		(3,882)		—		(3,882)
Balance as of December 31, 2022	$	288,573	$	218,884	$	58,547	$	—	$	566,004

Schedule of Finite-Lived Intangible Assets

The Company’s intangible assets and their estimated useful lives are presented in the table below:

	Estimated Useful Lives
Client relationships	3.5 - 4 years
Trademarks and domain names	2.5 - 6 years
Patented technologies	3 - 3.5 years
Covenants not to compete	3 years

The following tables set forth the details of the Company's intangible assets as of December 31, 2022 and 2021:

	As of December 31, 2022
(in thousands)	Gross		Accumulated Amortization		Net		Weighted Average Remaining Amortization Period in Years
Client relationships	$	796,213	$	(771,475)	$	24,738	1.8
Trademarks and domain names	223,206		(215,639)		7,567		1.7
Patented technologies	19,600		(19,600)		—		0.0
Covenants not to compete	5,240		(2,830)		2,410		2.0
Total intangible assets	$	1,044,259	$	(1,009,544)	$	34,715	1.8

	As of December 31, 2021
(in thousands)	Gross		Accumulated Amortization		Net		Weighted Average Remaining Amortization Period in Years
Client relationships	$	797,053	$	(747,197)	$	49,856	2.7
Trademarks and domain names	223,582		(193,772)		29,810		1.9
Patented technologies	19,600		(19,600)		—		0.0
Covenants not to compete	4,373		(1,462)		2,911		2.6
Total intangible assets	$	1,044,608	$	(962,031)	$	82,577	2.4

The following tables summarize the changes in the carrying amounts of the Company's intangible assets for the years ended December 31, 2022 and 2021:

	Year Ended December 31, 2022
(in thousands)	Client Relationships		Trademarks and Domain Names		Covenants Not to Compete		Total Intangible Assets
Balance as of January 1	$	49,856	$	29,810	$	2,911	$	82,577
Additions	5,200		1,100		867		7,167
Amortization expense	(27,673)		(22,493)		(1,368)		(51,534)
Other	(2,645)		(850)		—		(3,495)
Balance as of December 31	$	24,738	$	7,567	$	2,410	$	34,715

	Year Ended December 31, 2021
(in thousands)	Client Relationships		Trademarks and Domain Names		Covenants Not to Compete		Total Intangible Assets
Balance as of January 1	$	284	$	30,755	$	738	$	31,777
Additions	101,839		24,877		2,880		129,596
Amortization expense	(46,943)		(24,485)		(707)		(72,135)
Other	(5,324)		(1,337)		—		(6,661)
Balance as of December 31	$	49,856	$	29,810	$	2,911	$	82,577

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated aggregate future amortization expense by fiscal year for the Company's intangible assets is as follows:

(in thousands)	Estimated Future Amortization Expense
2023	$	21,818
2024	12,019
2025	878
Total	$	34,715