Commitments and Contingencies Commitments and Other Contractual Obligations The Company is obligated to make payments under certain non-cancelable operating leases for office space, with various expiry dates between fiscal years 2020 and 2028 , including it's primary facility in New York, which expires in December 2020 . The Company is a party to various agreements with Knowledge Network application providers, which expire at various dates between fiscal years 2020 and 2035 . Future minimum annual payments under these and other contractual obligations in the normal course of business as of January 31, 2019 were as follows (in thousands): Fiscal year ending January 31: Operating Leases Application Providers and Other 2020 $ 7,494 $ 17,403 2021 6,236 4,393 2022 440 548 2023 448 23 2024 and thereafter 1,858 109 Total $ 16,476 $ 22,476 Subsequent to the fiscal year ended January 31, 2019 , the Company entered into lease agreements for offices in Rosslyn, VA and London, UK, with expiration dates subsequent to the fiscal year ending January 31, 2024, and related aggregate contractual obligations of approximately $41 million . During the fiscal years ended January 31, 2019 , 2018 and 2017 , the Company recognized rent expense of $7.3 million , $6.3 million and $5.8 million , respectively. Legal Proceedings The Company is and may be involved in various legal proceedings arising in the normal course of business. Although the results of litigation and claims cannot be predicted with certainty, currently, in the opinion of the Company, the likelihood of any material adverse impact on the Company's results of operations, cash flows or the Company's financial position for any such litigation or claims is deemed to be remote. Regardless of the outcome, litigation can have an adverse impact on the Company because of defense costs, diversion of management resources and other factors. Warranties and Indemnifications The Company's platform is in some cases warranted to perform in a manner consistent with general industry standards that are reasonably applicable and materially in accordance with the Company's product specifications. The Company's arrangements generally include certain provisions for indemnifying customers against liabilities if its products or services infringe a third-party's intellectual property rights and/or if the Company breaches its contractual agreements with a customer or in instances of negligence, fraud or willful misconduct by the Company. To date, the Company has not incurred any material costs as a result of such obligations and has not accrued any liabilities related to such obligations in the accompanying consolidated financial statements. The Company has also agreed to indemnify certain of its directors and executive officers for costs associated with any fees, expenses, judgments, fines and settlement amounts incurred by any of these persons in any action or proceeding to which any of those persons is, or is threatened to be, made a party by reason of the person's service as a director or officer, including any action by the Company, arising out of that person's services as the Company's director or officer or that person's services provided to any other company or enterprise at the Company's request. The Company maintains director and officer insurance coverage that would generally enable the Company to recover a portion of any future amounts paid. The Company may also be subject to indemnification obligations by law with respect to the actions of its employees under certain circumstances and in certain jurisdictions.