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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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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 |
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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 |

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