Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table sets forth the changes in the carrying amount of goodwill for the Company for the years ended December 31, 2021 and 2020:

(in thousands)	Marketing Services		SaaS		Thryv International		Total
Balance as of December 31, 2019	$	390,573	$	218,884	$	—	$	609,457
Additions	—		—		—		—
Impairments	—		—		—		—
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

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, 2021 and 2020:

	As of December 31, 2021
(in thousands)	Gross		Accumulated Amortization		Effects of Foreign Currency Translation		Net		Weighted Average Remaining Amortization Period in Years
Client relationships	$	803,642	$	(748,460)	$	(5,326)	$	49,856	2.7
Trademarks and domain names	225,177		(193,978)		(1,389)		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	$	1,052,792	$	(963,500)	$	(6,715)	$	82,577	2.4

	As of December 31, 2020
(in thousands)	Gross		Accumulated Amortization		Net		Weighted Average Remaining Amortization Period in Years
Client relationships	$	701,802	$	(701,518)	$	284	1.4
Trademarks and domain names	200,300		(169,545)		30,755		2.0
Patented technologies	19,600		(19,600)		—		0.0
Covenants not to compete	1,497		(759)		738		1.8
Total intangible assets	$	923,199	$	(891,422)	$	31,777	2.0

The following tables summarize the changes in the carrying amounts of the Company's intangible assets for the years ended December 31, 2021 and 2020:

	Year Ended December 31, 2021
(in thousands)	Client Relationships		Trademarks and Domain Names		Patented Technologies		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

	Year Ended December 31, 2020
(in thousands)	Client Relationships		Trademarks and Domain Names		Patented Technologies		Covenants Not to Compete		Total Intangible Assets
Balance as of January 1	$	85,615	$	60,533	$	—	$	1,332	$	147,480
Additions	—		—		—		192		192
Amortization expense	(85,331)		(29,778)		—		(504)		(115,613)
Other	—		—		—		(282)		(282)
Balance as of December 31	$	284	$	30,755	$	—	$	738	$	31,777

\

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
2022	$	49,914
2023	21,686
2024	10,977
Total	$	82,577