Segment Information (Tables)

12 Months Ended

Dec. 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:

	Year Ended December 31, 2022
	Thryv U.S.				Thryv International
(in thousands)	Marketing Services		SaaS		Marketing Services		SaaS		Total
Revenue	$	820,032	$	211,801	$	166,010	$	4,545	$	1,202,388
Segment Gross Profit	539,543		130,272		108,496		2,071		780,382
Segment Adjusted EBITDA	271,629		(3,686)		75,106		(9,707)		333,342

	Year Ended December 31, 2021
	Thryv U.S.				Thryv International
(in thousands)	Marketing Services		SaaS		Marketing Services		SaaS		Total
Revenue	$	797,493	$	170,498	$	144,837	$	554	$	1,113,382
Segment Gross Profit	539,866		104,944		60,761		(232)		705,339
Segment Adjusted EBITDA	318,230		(14,004)		53,150		(6,853)		350,523

	Year Ended December 31, 2020
	Thryv U.S.				Thryv International
(in thousands)	Marketing Services		SaaS		Marketing Services		SaaS		Total
Revenue	$	979,611	$	129,824	$	—	$	—	$	1,109,435
Segment Gross Profit	610,479		59,214		—		—		669,693
Segment Adjusted EBITDA	358,804		13,035		—		—		371,839

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

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

	Years Ended December 31,
(in thousands)	2022		2021		2020
Income before income tax (expense) benefit	$	98,975	$	134,314	$	41,238
Impairment charges	102,222		3,611		24,911
Depreciation and amortization expense	88,392		105,473		146,523
Interest expense	60,407		66,374		68,539
Restructuring and integration expenses	17,804		18,145		28,459
Stock-based compensation expense (benefit)	14,628		8,094		(2,895)
Transaction costs (1)	6,119		25,059		20,999
Other components of net periodic pension (benefit) cost	(44,612)		(14,829)		42,236
Non-cash (gain) loss from remeasurement of indemnification asset	(2,148)		(1)		5,443
Other	(8,445)		4,283		(3,614)
Total Segment Adjusted EBITDA	$	333,342	$	350,523	$	371,839

(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:

	Years Ended December 31,
(in thousands)	2022		2021		2020
Thryv U.S.
Print	$	386,500	$	365,966	$	443,315
Digital	433,532		431,527		536,296
Total Marketing Services	820,032		797,493		979,611
SaaS	211,801		170,498		129,824
Total Thryv U.S.	$	1,031,833	$	967,991	$	1,109,435
Thryv International
Print	$	73,474	$	46,859	$	—
Digital	92,536		97,978		—
Total Marketing Services	166,010		144,837		—
SaaS	4,545		554		—
Total Thryv International	170,555		145,391		—
Total Revenue	$	1,202,388	$	1,113,382	$	1,109,435

Long-lived Assets by Geographic Areas

The following table sets forth the Company's total long-lived assets by geographical region:

(in thousands)	December 31, 2022			December 31, 2021
United States	$	185,747		$	149,878
Australia (Do we need to add Canada, DR, or immaterial?)	9,875			25,516
Total long-lived assets	$	195,622		$	175,394
Percentage of long-lived assets held outside of the United States	5		%	15		%