UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 13F
 
Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: December 31, 2001

Check here if Amendment [   ]; Amendment Number:                  

This Amendment (Check only one.):    [   ]   is a restatement.
[   ]   adds new holdings entries

Institutional Investment Manager Filing this Report:

Name:	KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT, LLC
Address:	1800 AVENUE OF THE STARS SECOND FLOOR LOS ANGELES, CA 90067

Form 13F File Number: 28-05792

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:	Richard A. Kayne
Title:	Management Committee Co-Chair & Chief Executive Officer
Phone:	(310) 556-2721

Signature, Place, and Date of Signing:

Richard A. Kayne               Los Angeles, California               31 January 2002

Report Type (Check only one.):
 
[X]    13F HOLDINGS REPORT.
 
[   ]    13F NOTICE.
 
[   ]    13F COMBINATION REPORT.

List of Other Managers Reporting for this Manager:
 
None
 
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.

KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT, LLC
Form 13F SUMMARY PAGE

Report Summary:
Number of Other Included Managers:		0
Form 13F Information Table Entry Total:		186
Form 13F Information Table Value Total:	$	5,832,927
	(thousands)

List of Other Included Managers:

NONE

as of 12/31/2001

KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT, LLC
FORM 13F INFORMATION TABLE

COLUMN 1	COLUMN 2	COLUMN 3		COLUMN 4		COLUMN 5				COLUMN 6	COLUMN 7	COLUMN 8
	TITLE			VALUE		SHARES or			PUT/	INVESTMENT	OTHER	VOTING		AUTHORITY
NAME OF ISSUER	OF CLASS	CUSIP		(X 1000)		PRN AMT		SH/PRN	CALL	DISCRETION	MANAGERS	SOLE		SHARED		NONE
CONSOLIDATED WATER CO LTD	ORD		G23773107	$	261		23,040	SH		SOLE			13,975		0		9,065
W P STEWART & CO LTD	COM		G84922106	$	23,129		882,800	SH		DEFINED			17,090		3,295		862,415
PANAMERICAN BEVERAGES ADR	CL A		P74823108	$	21,951		1,477,218	SH		DEFINED			860,052		58,830		558,336
ABM INDUSTRIES INC	COM		000957100	$	36,710		1,170,976	SH		DEFINED			777,101		24,550		369,325
AOL TIME WARNER	COM		00184A105	$	561		17,465	SH		SOLE			11,960		0		5,505
ABBOTT LABS	COM		002824100	$	2,168		38,893	SH		DEFINED			5,974		232		32,687
ADECCO ADR	SPONSORED ADR		006754105	$	8,457		626,461	SH		DEFINED			168,905		175		457,381
AEGON ADR	ORD AMER REG		007924103	$	18,454		689,352	SH		DEFINED			441,051		37,960		210,341
ALCOA INC	COM		013817101	$	349		9,805	SH		SOLE			9,680		0		125
ALCATEL ADR	SPONSORED ADR		013904305	$	9,639		582,432	SH		DEFINED			370,360		32,885		179,187
ALLIED IRISH BANKS ADR	SPON ADR ORD		019228402	$	15,393		666,382	SH		DEFINED			400,822		34,815		230,745
AMERICAN CAP STRATEGIES LTD CO	COM		024937104	$	203		7,165	SH		SOLE			4,300		0		2,865
AMERICAN EXPRESS CO	COM		025816109	$	80,993		2,269,356	SH		DEFINED			1,313,159		2,530		953,667
AMERICAN HOME PRODS CORP	COM		026609107	$	1,257		20,478	SH		SOLE			110		0		20,368
AMERICAN INTL GROUP INC	COM		026874107	$	43,460		547,351	SH		DEFINED			312,628		782		233,941
ANHEUSER BUSCH COMPANIES INC	COM		035229103	$	284		6,285	SH		SOLE			5,035		0		1,250
AUTOMATIC DATA PROCESSING	COM		053015103	$	85,442		1,450,621	SH		DEFINED			821,402		1,768		627,451
AXA ADR	SPONSORED ADR		054536107	$	24,776		1,178,689	SH		DEFINED			697,972		60,180		420,537
BP ADR	SPONSORED ADR		055622104	$	22,682		487,685	SH		DEFINED			337,667		30,405		119,613
BANK OF AMERICA	COM		060505104	$	971		15,423	SH		SOLE			0		0		15,423
BELLSOUTH CORP	COM		079860102	$	814		21,332	SH		SOLE			6,925		0		14,407
BEMIS INC	COM		081437105	$	166,331		3,382,083	SH		DEFINED			2,001,810		38,750		1,341,523
BERKSHIRE HATHAWAY INC CL A	CL A		084670108	$	605		8	SH		SOLE			8		0		0
BERKSHIRE HATHAWAY INC DEL CL	CL B		084670207	$	258		102	SH		SOLE			77		0		25
BHP BILLITON ADR	SPONSORED ADR		088606108	$	14,405		1,345,021	SH		DEFINED			860,365		75,723		408,933
BLACK BOX CORP DEL	COM		091826107	$	102,167		1,932,061	SH		DEFINED			883,992		9,700		1,038,369
BRISTOL-MYERS SQUIBB CO	COM		110122108	$	825		16,169	SH		SOLE			5,306		0		10,863
C H ROBINSON WORLDWIDE INC	COM		12541W100	$	166,779		5,766,902	SH		DEFINED			3,128,748		60,180		2,577,974
CSG SYSTEMS INTL INC	COM		126349109	$	139,628		3,451,868	SH		DEFINED			1,896,546		39,595		1,515,727
CANNONDALE CORP	COM		137798104	$	35		15,500	SH		SOLE			0		0		15,500
CANON INC	ADR		138006309	$	24,417		696,439	SH		DEFINED			439,698		37,258		219,483
CARBO CERAMICS INC	COM		140781105	$	39,271		1,002,847	SH		DEFINED			691,552		22,185		289,110
CATALINA MARKETING CORP	COM		148867104	$	165,443		4,767,801	SH		DEFINED			2,704,886		53,180		2,009,735
CATERPILLAR INC DEL	COM		149123101	$	507		9,694	SH		SOLE			3,400		0		6,294
CENTURYTEL, INC	COM		156700106	$	37,184		1,133,661	SH		DEFINED			18,310		3,830		1,111,521
CERTEGY INC	COM		156880106	$	47,282		1,381,709	SH		DEFINED			101,318		4,176		1,276,215
CHEVRONTEXACO CORPORATION	COM		166764100	$	1,700		18,972	SH		SOLE			3,546		0		15,426
CHUBB CORP	COM		171232101	$	393		5,695	SH		SOLE			0		0		5,695
CINCINNATI FINL CORP	COM		172062101	$	72,993		1,913,316	SH		DEFINED			894,147		8,395		1,010,774
CISCO SYSTEMS INC	COM		17275R102	$	40,303		2,225,458	SH		DEFINED			1,429,147		2,855		793,456
CINTAS CORP	COM		172908105	$	84,261		1,755,440	SH		DEFINED			802,560		7,810		945,070
CITIGROUP INC	COM		172967101	$	43,666		865,024	SH		DEFINED			509,257		1,410		354,357
CITY NATL CORP	COM		178566105	$	215		4,584	SH		SOLE			24		0		4,560
CLAIRES STORES INC	COM		179584107	$	44,383		2,939,290	SH		DEFINED			1,981,445		59,270		898,575
COCA COLA CO	COM		191216100	$	67,625		1,434,245	SH		DEFINED			844,272		1,455		588,518
COLGATE PALMOLIVE CO	COM		194162103	$	1,470		25,460	SH		SOLE			50		0		25,410
DPL INC	COM		233293109	$	521		21,630	SH		SOLE			8,985		0		12,645
DEVON ENERGY CORP NEW	COM		25179M103	$	81,448		2,107,312	SH		DEFINED			1,022,415		9,805		1,075,092
DIAGNOSTIC PRODUCTS CORP	COM		252450101	$	710		16,150	SH		SOLE			7,070		0		9,080
DIEBOLD INC	COM		253651103	$	364		9,000	SH		SOLE			0		0		9,000
DISNEY WALT CO	COM		254687106	$	35,723		1,724,102	SH		DEFINED			1,002,532		1,915		719,655
DONALDSON INC	COM		257651109	$	33,622		865,663	SH		DEFINED			638,183		4,380		223,100
DU PONT E I DE NEMOURS CO	COM		263534109	$	41,248		970,307	SH		DEFINED			556,683		1,070		412,554
DUKE ENERGY CO	COM		264399106	$	732		18,652	SH		SOLE			7,437		0		11,215
EATON VANCE CORP	COM NON VTG		278265103	$	129,771		3,650,383	SH		DEFINED			2,034,611		36,535		1,579,237
ELECTRONIC DATA SYS CORP NEW	COM		285661104	$	533		7,772	SH		SOLE			3,630		0		4,142
EMERSON ELEC CO	COM		291011104	$	1,179		20,645	SH		SOLE			5,385		0		15,260
ENDESA S A	SPONSORED ADR		29258N107	$	17,014		1,085,751	SH		DEFINED			613,799		55,320		416,632
EQUIFAX INC	COM		294429105	$	56,121		2,323,846	SH		DEFINED			1,086,122		10,105		1,227,619
EQUITY OFFICE PPTYS TR	COM		294741103	$	2,250		74,793	SH		SOLE			0		0		74,793
EQUITY RESIDENTIAL PPTYS TR	PFD CV 1/10 G		29476L859	$	410		16,200	SH		SOLE			1,000		0		15,200
ERICSSON L M TEL CO	ADR CL B SEK10		294821400	$	397		75,965	SH		SOLE			14,590		0		61,375
EXPEDITORS INTL WASH INC	COM		302130109	$	215		3,780	SH		SOLE			50		0		3,730
EXXON MOBIL CORPORATION	COM		30231G102	$	87,343		2,222,474	SH		DEFINED			1,253,393		2,221		966,860
FACTSET RESEARCH SYSTEMS INC	COM		303075105	$	110,419		3,159,328	SH		DEFINED			1,761,471		37,505		1,360,352
FAIR ISAAC & CO INC	COM		303250104	$	121,860		1,933,677	SH		DEFINED			1,006,403		20,737		906,537
FEDERAL NAT MORTGAGE ASSN	COM		313586109	$	75,865		954,275	SH		DEFINED			554,853		991		398,431
FEDERAL SIGNAL CORP	COM		313855108	$	87,121		3,912,040	SH		DEFINED			2,247,653		46,175		1,618,212
FEDEX CORP	COM		31428X106	$	342		6,600	SH		SOLE			5,400		0		1,200
FIFTH THIRD BANCORP	COM		316773100	$	3,396		55,367	SH		SOLE			19,359		0		36,008
FINANCIAL FED CORP COM	COM		317492106	$	21,487		687,575	SH		SOLE			422,445		0		265,130
FRANKLIN RES INC	COM		354613101	$	342		9,702	SH		SOLE			7,620		0		2,082
GANNETT INC	COM		364730101	$	1,734		25,799	SH		SOLE			10,670		0		15,129
GAP INC DEL	COM		364760108	$	46,019		3,301,211	SH		DEFINED			1,908,407		3,650		1,389,154

COLUMN 1	COLUMN 2	COLUMN 3		COLUMN 4		COLUMN 5				COLUMN 6	COLUMN 7	COLUMN 8
	TITLE			VALUE		SHARES or			PUT/	INVESTMENT	OTHER	VOTING		AUTHORITY
NAME OF ISSUER	OF CLASS	CUSIP		(X 1000)		PRN AMT		SH/PRN	CALL	DISCRETION	MANAGERS	SOLE		SHARED		NONE
GENERAL ELECTRIC CO	COM		369604103	$	95,474		2,382,097	SH		DEFINED			1,296,843		2,641		1,082,613
GLACIER WTR SVCS INC	COM		376395109	$	80		10,000	SH		SOLE			0		0		10,000
GLAXOSMITHKLINE PLC	SPONSORED ADR		37733W105	$	5,542		111,235	SH		DEFINED			28,950		30		82,255
GLIMCHER RLTY TR	SH BEN INT		379302201	$	363		14,800	SH		SOLE			0		0		14,800
GOLDEN WEST FINL CORP DEL	COM		381317106	$	43,413		737,690	SH		DEFINED			420,660		860		316,170
GRACO INC	COM		384109104	$	2,586		66,235	SH		SOLE			1,475		0		64,760
GROUPE DANONE	SPONSORED ADR		399449107	$	21,596		901,715	SH		DEFINED			518,990		45,067		337,658
HSBC HLDGS PLC	SPON ADR NEW		404280406	$	23,078		386,494	SH		DEFINED			221,730		19,013		145,751
HANOVER COMPRESSOR CO	COM		410768105	$	26,051		1,031,300	SH		SOLE			569,780		0		461,520
HEICO CORP NEW	CL A		422806208	$	24,371		1,806,599	SH		DEFINED			1,172,799		38,092		595,708
HENRY JACK & ASSOC INC	COM		426281101	$	120,729		5,527,891	SH		DEFINED			3,040,518		56,775		2,430,598
HERSHEY FOODS CORP	COM		427866108	$	1,056		15,595	SH		SOLE			8,005		0		7,590
HEWLETT PACKARD CO	COM		428236103	$	339		16,497	SH		SOLE			6,120		0		10,377
HOME DEPOT INC	COM		437076102	$	91,349		1,790,801	SH		DEFINED			1,033,127		1,870		755,804
HONEYWELL INTERNATIONAL INC	COM		438516106	$	77,142		2,280,953	SH		DEFINED			1,299,799		2,300		978,854
HOOPER HOLMES INC	COM		439104100	$	35,693		3,987,992	SH		DEFINED			2,781,622		83,315		1,123,055
ICU MED INC	COM		44930G107	$	9,070		203,821	SH		DEFINED			91,646		1,175		111,000
IMS HEALTH INC	COM		449934108	$	102,476		5,252,499	SH		DEFINED			2,612,359		23,750		2,616,390
ILLINOIS TOOL WORKS INC	COM		452308109	$	48,595		717,589	SH		DEFINED			427,957		695		288,937
ING GROUP N V	SPONSORED ADR		456837103	$	19,074		749,475	SH		DEFINED			469,992		40,147		239,336
INSITUFORM TECHNOLOGIES INC	CL A		457667103	$	34,825		1,361,420	SH		SOLE			791,885		0		569,535
INTEL CORP	COM		458140100	$	46,108		1,466,071	SH		DEFINED			821,885		1,443		642,743
INTERNATIONAL BUSINESS MACHS	COM		459200101	$	68,337		564,958	SH		DEFINED			335,016		859		229,083
INTERPUBLIC GROUP COS INC	COM		460690100	$	206		6,974	SH		SOLE			6,374		0		600
ISHARES TR	MSCI EAFE IDX		464287465	$	6,512		54,585	SH		SOLE			0		0		54,585
ISHARES TR	RUSSELL 2000		464287655	$	1,791		18,590	SH		SOLE			785		0		17,805
J.P. MORGAN CHASE & CO	COM		46625H100	$	448		12,321	SH		SOLE			5,739		0		6,582
JOHNSON & JOHNSON	COM		478160104	$	85,045		1,439,005	SH		DEFINED			772,988		1,340		664,677
KIMBERLY CLARK CORP	COM		494368103	$	926		15,477	SH		SOLE			5,770		0		9,707
KING PHARMACEUTICALS INC	COM		495582108	$	48,833		1,159,108	SH		DEFINED			886,959		6,133		266,016
KONINKLIJKE AHOLD N V	SPON ADR NEW		500467303	$	24,559		835,620	SH		DEFINED			526,781		45,296		263,543
KRONOS INC	COM		501052104	$	43,640		902,033	SH		DEFINED			578,894		14,528		308,611
LA-Z-BOY INC	COM		505336107	$	138,210		6,334,094	SH		DEFINED			3,463,225		71,305		2,799,564
LANDAUER INC	COM		51476K103	$	15,540		459,069	SH		DEFINED			320,134		7,615		131,320
LIBERTY MEDIA CORP NEW	COM SER A		530718105	$	201		14,372	SH		SOLE			14,172		0		200
LINEAR TECHNOLOGY CORP	COM		535678106	$	1,755		44,943	SH		SOLE			1,645		0		43,298
LIQUI BOX CORP	COM		536314107	$	641		15,534	SH		SOLE			3,300		0		12,234
MARSH & MCLENNAN COS INC	COM		571748102	$	48,868		454,801	SH		DEFINED			261,618		450		192,733
MATSUSHITA ELEC INDL	ADR		576879209	$	12,488		991,105	SH		DEFINED			635,000		54,065		302,040
MAXIM INTEGRATED PRODS INC	COM		57772K101	$	20,582		391,969	SH		DEFINED			75,012		838		316,119
MAY DEPT STORES CO	COM		577778103	$	518		14,020	SH		SOLE			8,970		0		5,050
MCDONALDS CORP	COM		580135101	$	1,035		39,097	SH		SOLE			20,365		0		18,732
MEDICIS PHARMACEUTICAL CORP	CL A NEW		584690309	$	70,721		1,094,921	SH		DEFINED			758,171		25,500		311,250
MEDTRONIC INC	COM		585055106	$	1,623		31,698	SH		DEFINED			1,995		578		29,125
MERCK & CO INC	COM		589331107	$	72,668		1,235,846	SH		DEFINED			702,703		1,175		531,968
MERIDIAN RESOURCE CORP	COM		58977Q109	$	43		10,800	SH		SOLE			0		0		10,800
MERRILL LYNCH & CO INC	COM		590188108	$	302		5,800	SH		SOLE			5,600		0		200
MICROSOFT CORP	COM		594918104	$	95,506		1,441,602	SH		DEFINED			823,519		1,450		616,633
MIDCAP SPDR TR	UNIT 1 SER		595635103	$	1,087		11,715	SH		SOLE			0		0		11,715
MINNESOTA MNG & MFG CO	COM		604059105	$	635		5,375	SH		SOLE			1,225		0		4,150
MOODYS CORP	COM		615369105	$	471		11,823	SH		SOLE			3,528		0		8,295
MORGAN STANLEY DEAN WITTER & CO	COM NEW		617446448	$	1,511		27,014	SH		SOLE			351		0		26,663
MOTOROLA INC	COM		620076109	$	385		25,600	SH		SOLE			300		0		25,300
NATIONAL COMMERCE FINC CORP	COM		63545P104	$	105,723		4,178,785	SH		DEFINED			1,273,840		7,205		2,897,740
NIKE INC	CL B		654106103	$	225		4,000	SH		SOLE			4,000		0		0
NIPPON TELEG & TEL CORP	SPONSORED ADR		654624105	$	8,051		496,952	SH		DEFINED			316,662		28,335		151,955
NOKIA CORP	SPONSORED ADR		654902204	$	25,350		1,033,425	SH		DEFINED			587,717		46,565		399,143
NORDSON CORP	COM		655663102	$	45,076		1,706,765	SH		DEFINED			921,277		30,410		755,078
NOVARTIS A G	SPONSORED ADR		66987V109	$	28,855		790,544	SH		DEFINED			449,343		39,182		302,019
OM GROUP INC	COM		670872100	$	86,926		1,313,281	SH		DEFINED			618,445		5,990		688,846
ORACLE CORP	COM		68389X105	$	27,090		1,961,589	SH		DEFINED			1,151,493		2,220		807,876
PNC FINL SVCS GROUP INC	COM		693475105	$	461		8,200	SH		SOLE			8,200		0		0
PPG INDS INC	COM		693506107	$	771		14,912	SH		SOLE			8,731		0		6,181
PEARSON PLC	SPONSORED ADR		705015105	$	12,935		1,053,334	SH		DEFINED			668,944		56,724		327,666
PEPSICO INC	COM		713448108	$	1,868		38,372	SH		SOLE			635		0		37,737
PFIZER INC	COM		717081103	$	94,201		2,363,878	SH		DEFINED			1,392,549		2,383		968,946
PHARMACIA CORP	COM		71713U102	$	213		4,992	SH		SOLE			4,530		0		462
PHILIP MORRIS COS INC	COM		718154107	$	735		16,030	SH		SOLE			0		0		16,030
PHILLIPS PETROLEUM COMPANY	COM		718507106	$	356		5,915	SH		SOLE			5,015		0		900
PROCTER & GAMBLE COMPANY	COM		742718109	$	88,001		1,112,108	SH		DEFINED			642,242		1,145		468,721
QWEST COMMUNICATIONS INTL INC	COM		749121109	$	273		19,290	SH		SOLE			0		0		19,290
RPM INC OHIO	COM		749685103	$	31,638		2,187,989	SH		DEFINED			45,930		7,375		2,134,684
REINSURANCE GROUP AMER INC	COM		759351109	$	73,467		2,207,545	SH		DEFINED			1,044,751		9,705		1,153,089
REPSOL YPF S A	SPONSORED ADR		76026T205	$	22,173		1,526,046	SH		DEFINED			897,780		81,070		547,196
REUTERS GROUP PLC	SPONSORED ADR		76132M102	$	16,227		270,501	SH		DEFINED			156,346		13,355		100,800
REYNOLDS & REYNOLDS CO	CL A		761695105	$	139,140		5,737,714	SH		DEFINED			3,143,871		57,335		2,536,508
RIGHT START INC	COM NEW		766574206	$	119		24,000	SH		SOLE			0		0		24,000
ROYAL DUTCH PETE CO	NY REG GLD1.25		780257804	$	1,475		30,085	SH		SOLE			8,015		0		22,070
SBC COMMUNICATIONS INC	COM		78387G103	$	52,637		1,343,816	SH		DEFINED			769,495		1,510		572,811
SPDR TR	UNIT SER 1		78462F103	$	2,874		25,145	SH		SOLE			7,440		0		17,705
SAP AKTIENGESELLSCHAFT	SPONSORED ADR		803054204	$	24,242		759,223	SH		DEFINED			449,032		37,589		272,602
SARA LEE CORP	COM		803111103	$	239		10,734	SH		SOLE			2,800		0		7,934

COLUMN 1	COLUMN 2	COLUMN 3		COLUMN 4		COLUMN 5				COLUMN 6	COLUMN 7	COLUMN 8
	TITLE			VALUE		SHARES or			PUT/	INVESTMENT	OTHER	VOTING		AUTHORITY
NAME OF ISSUER	OF CLASS	CUSIP		(X 1000)		PRN AMT		SH/PRN	CALL	DISCRETION	MANAGERS	SOLE		SHARED		NONE
SCHERING PLOUGH CORP	COM		806605101	$	1,398		39,042	SH		SOLE			11,190		0		27,852
SCHWAB CHARLES CORP NEW	COM		808513105	$	630		40,740	SH		SOLE			1,300		0		39,440
SONY CORP	ADR NEW		835699307	$	15,216		337,385	SH		DEFINED			213,201		18,594		105,590
STATE STREET CORP	COM		857477103	$	2,553		48,858	SH		SOLE			20,974		0		27,884
STRAYER EDUCATION INC	COM		863236105	$	78,433		1,609,868	SH		DEFINED			879,462		16,095		714,311
SUN MICROSYSTEMS INC	COM		866810104	$	209		16,982	SH		SOLE			7,400		0		9,582
SYLVAN LEARNING SYS INC	COM		871399101	$	1,126		51,027	SH		SOLE			0		0		51,027
SYNCOR INTL CORP DEL	COM		87157J106	$	38,051		1,328,582	SH		DEFINED			94,425		3,865		1,230,292
SYSCO CORP	COM		871829107	$	242		9,244	SH		SOLE			9,200		0		44
TECHNE CORP	COM		878377100	$	66,998		1,818,116	SH		DEFINED			1,240,756		38,420		538,940
TELEFLEX INC	COM		879369106	$	82,141		1,736,220	SH		DEFINED			848,969		7,745		879,506
TELEFONICA S A	SPONSORED ADR		879382208	$	18,794		478,294	SH		DEFINED			300,963		26,704		150,627
TEXAS INSTRUMENTS INC	COM		882508104	$	442		15,769	SH		SOLE			12,170		0		3,599
TIMBERLINE SOFTWARE CORP	COM		887134104	$	60		10,000	SH		SOLE			0		0		10,000
TOOTSIE ROLL INDS INC	COM		890516107	$	64,225		1,643,414	SH		DEFINED			958,591		16,154		668,669
TYCO INTL LTD NEW	COM		902124106	$	1,417		24,058	SH		SOLE			5,725		0		18,333
US RESTAURANT PROPERTIES INC	PFD CV SER A		902971209	$	282		15,400	SH		SOLE			1,000		0		14,400
USEC INC	COM		90333E112	$	145		20,300	SH		SOLE			0		0		20,300
VALSPAR CORP	COM		920355104	$	94,474		2,385,697	SH		DEFINED			1,111,494		10,470		1,263,733
VERIZON COMMUNICATIONS	COM		92343V104	$	1,047		22,055	SH		SOLE			7,391		0		14,664
VIVENDI UNIVERSAL	SPON ADR NEW		92851S204	$	13,012		241,907	SH		DEFINED			150,769		12,965		78,173
VODAFONE GROUP PLC NEW	SPONSORED ADR		92857W100	$	23,475		914,123	SH		DEFINED			492,988		42,261		378,874
WAL MART STORES INC	COM		931142103	$	1,882		32,701	SH		DEFINED			21,815		407		10,479
WALGREEN COMPANY	COM		931422109	$	767		22,778	SH		SOLE			11,300		0		11,478
WASHINGTON FEDERAL INC	COM		938824109	$	92,220		3,577,205	SH		DEFINED			2,047,756		42,465		1,486,984
WELLS FARGO & CO NEW	COM		949746101	$	79,890		1,837,811	SH		DEFINED			1,061,744		1,841		774,226
WESTVACO CORP	COM		961548104	$	354		12,444	SH		SOLE			0		0		12,444
WORLDCOM INC GA NEW	WRLDCOM GP COM		98157D106	$	210		14,913	SH		SOLE			14,705		0		208
WRIGLEY WM JR CO	COM		982526105	$	49,253		958,780	SH		DEFINED			560,659		928		397,193
YOUNG INNOVATIONS INC	COM		987520103	$	257		9,900	SH		SOLE			5,905		0		3,995
				$	5,832,927