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Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables summarize the operating results of the Company's reportable segments. Segment cost of services, Segment sales and marketing, and Segment general and administrative expenses presented below exclude the allocation of depreciation and amortization expense, stock-based compensation expense, restructuring and integration expenses, transactions costs and other expenses.

			Year Ended December 31, 2024
(in thousands)			Thryv Marketing Services						Thryv SaaS						Segment Totals
Segment revenue			$	480,680					$	343,476					$	824,156
Less:
Segment cost of services			168,932						96,319						265,251
Segment sales and marketing			97,119						146,389						243,508
Segment general and administrative			93,388						59,578						152,966
Segment Adjusted EBITDA			$	121,241					$	41,190					$	162,431

			Year Ended December 31, 2023
(in thousands)			Thryv Marketing Services						Thryv SaaS						Segment Totals
Segment revenue			$	653,244					$	263,717					$	916,961
Less:
Segment cost of services			222,977						88,135						311,112
Segment sales and marketing			149,982						117,023						267,005
Segment general and administrative			104,795						46,534						151,329
Segment Adjusted EBITDA			$	175,490					$	12,025					$	187,515

			Year Ended December 31, 2022
(in thousands)			Thryv Marketing Services						Thryv SaaS						Segment Totals
Segment revenue			$	986,042					$	216,346					$	1,202,388
Less:
Segment cost of services			304,487						78,752						383,239
Segment sales and marketing			202,774						120,771						323,545
Segment general and administrative			132,046						30,216						162,262
Segment Adjusted EBITDA			$	346,735					$	(13,393)					$	333,342

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

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

			Years Ended December 31,
(in thousands)			2024						2023						2022
(Loss) income before income tax benefit (expense)			$	(65,998)					$	(260,544)					$	98,975
Impairment charges			83,094						268,846						102,222
Depreciation and amortization expense			52,789						63,251						88,392
Interest expense			46,771						61,728						60,407
Stock-based compensation expense			24,118						22,201						14,628
Restructuring and integration expenses (1)			32,697						14,612						17,804
Loss on early extinguishment of debt			6,638						—						—
Non-cash loss (gain) from remeasurement of indemnification asset			—						10,734						(2,148)
Transaction costs (2)			5,145						373						6,119
Other components of net periodic pension benefit			(24,806)						(2,719)						(44,612)
Other			1,983						9,033						(8,445)
Total Segment Adjusted EBITDA			$	162,431					$	187,515					$	333,342

(1)Consists of expenses related to abandoned facilities costs, severance charges, integration expenses, and tax, accounting, and legal fees.

(2)Consists of expenses related to the Keap Acquisition, Yellow Acquisition, and Vivial Acquisition.

Schedule of 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)			2024						2023						2022
Thryv Marketing Services
Print			$	253,998					$	264,834					$	459,974
Digital			226,682						388,410						526,068
Total Thryv Marketing Services			480,680						653,244						986,042
Thryv SaaS			343,476						263,717						216,346
Revenue			$	824,156					$	916,961					$	1,202,388

Revenue by geography is based on the location of the customer. The following table sets forth the Company's disaggregation of Revenue based on geographic region for the periods indicated:

			Years Ended December 31,
(in thousands)			2024						2023						2022
United States			$	686,341					$	764,112					$	1,031,833
International			137,815						152,849						170,555
Revenue			$	824,156					$	916,961					$	1,202,388

Schedule of Long-lived Assets by Geographic Region

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

(in thousands)			December 31, 2024						December 31, 2023
United States			$	9,008					$	12,711
International			226						611
Total long-lived assets			$	9,234					$	13,322
Percentage of long-lived assets held outside of the United States			2		%				5		%

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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