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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The following tables set forth the changes in the carrying amount of the Company's goodwill for the six months ended June 30, 2023 and the year ended December 31, 2022.
| Thryv U.S. |  | Thryv International |  |
(in thousands) | Marketing Services |  | SaaS |  | Marketing Services |  | SaaS |  | Total
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 |
Additions | — |  |  | — |  |  | — |  |  | — |  |  | — |
Impairments | — |  |  | — |  |  | — |  |  | — |  |  | — |
Yellow Acquisition 1 | — |  |  | — |  |  | 5,129 |  |  | — |  |  | 5,129 |
Effects of foreign currency translation | — |  |  | — |  |  | (1,353) |  |  | — |  |  | (1,353) |
Balance as of June 30, 2023 | $ | 288,573 |  |  | $ | 218,884 |  |  | $ | 62,323 |  |  | $ | — |  |  | $ | 569,780 |
(1) Yellow was included in the International Marketing Services reporting unit. Intangible Assets The following tables set forth the details of the Company's intangible assets as of June 30, 2023 and December 31, 2022:
| As of June 30, 2023
(in thousands) | Gross |  | Accumulated Amortization |  | Net |  | Weighted Average Remaining Amortization Period in Years
Client relationships | $ | 797,800 |  |  | $ | (777,849) |  |  | $ | 19,951 |  |  | 1.7
Trademarks and domain names | 223,905 |  |  | (217,859) |  |  | 6,046 |  |  | 1.9
Patented technologies | 19,600 |  |  | (19,600) |  |  | — |  |  | 0.0
Covenants not to compete | 10,352 |  |  | (5,028) |  |  | 5,324 |  |  | 1.2
Total intangible assets | $ | 1,051,657 |  |  | $ | (1,020,336) |  |  | $ | 31,321 |  |  | 1.6
| 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
Amortization expense for intangible assets for the three and six months ended June 30, 2023 was $6.5 million and $12.7 million, respectively. Amortization expense for the three and six months ended June 30, 2022 was $11.8 million and $25.0 million, respectively. Estimated aggregate future amortization expense by fiscal year for the Company's intangible assets is as follows:
(in thousands) |  | Estimated Future Amortization Expense
2023 |  | $ | 12,942 |
2024 |  | 15,800 |
2025 |  | 2,000 |
2026 |  | 406 |
2027 |  | 135 |
Thereafter |  | 38 |
Total |  | $ | 31,321 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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