**UNITED STATES SECURITIES AND EXCHANGE COMMISSION**

 

**Washington, D.C. 20549**

_____________________________________________

**FORM 10-K**

 

**(Mark One)**

 
|   | **[ X ]** | **ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934** |
|--------|-----------|------------------------------------------------------------------------------------------|

 

**For the fiscal year ended December 31, 2005**

 

**OR**

 
|   | **[**    **]** | **TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934** |
|--------|------------------------------------|----------------------------------------------------------------------------------------------|

 

**For the transition period for _____________ to _______________.**

 

**Commission File No. 0-15997**

 

**FILENET CORPORATION**

**(Exact name of Registrant as specified in its charter)**

 
| **Delaware**                                                   |   | **95-3757924**                       |
|----------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (I.R.S. Employer Identification No.) |

 
| **3565 Harbor Boulevard, Costa Mesa, CA 92626**      |
|------------------------------------------------------|
| (Address of principal executive offices)  (Zip code) |

 
| **(714) 327-3400**                                       |
|----------------------------------------------------------|
| (Registrant’s telephone number including area code) |

 

**Securities Registered Pursuant to Section 12(b) of the Act:  None**

 

**Securities Registered Pursuant to Section 12(g) of the Act:  Common Stock, $0.01 par value**

 

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act:
|   | Yes  [ X ]  No  [   | ] |
|--------|-------------------------------|---|

 

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 (d) of the Act:
|   | Yes  [   | ]  No  [ X ] |
|--------|--------------------|--------------|

 

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days:  Yes  [ X ]  No  [     ]

 

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of the Registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.  [ X ]

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Securities Exchange Act of 1934:
|   | Large accelerated filer  [ X ]   | Accelerated filer  [   | ]   | Non accelerated filer  [   | ] |
|--------|--------------------------------------------------------------------------|-------------------------------------------------|---------------|----------------------------------------------------------|---|

 

Indicate by check mark whether the registrant is a shell company as defined in Rule 12b-2 of the Securities Exchange Act of 1934:  Yes  [     ] No  [ X ]

 

Based on the closing sale price of $25.14 on June 30, 2005 the aggregate market value of the 40,891,750 shares of the common stock of the Registrant held by non-affiliates of the Registrant on such date was $1,028,018,595.

 

The number of shares outstanding of the Registrant’s common stock was 41,945,632 at March 8, 2006.

 

**DOCUMENTS INCORPORATED BY REFERENCE**

 

Portions of the Registrant’s definitive proxy statement, to be delivered in connections with the Registrant’s 2006 Annual Meeting of Stockholders, are incorporated by reference into Part III of this Report.

 

 

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