13F-HR 1 inftable.txt SCHEDULE 13F FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Advance Auto Parts COM 00751Y106 8914 217000 SH SOLE 217000 Alberto Culver Co COM 013078100 293 12950 SH SOLE 12950 Altria Group Inc. COM 02209S103 197 12300 SH SOLE 12300 Amazon Company Inc. COM 023135106 5169 70383 SH SOLE 70383 American Capital Ltd. COM 02503Y103 79 42140 SH SOLE 42140 Ares Capital Corp. COM 04010L103 2604 538100 SH SOLE 533890 4210 61 12570 SH OTHER 02 04 12570 Autozone Inc. COM 053332102 32169 197817 SH SOLE 197667 150 86 530 SH OTHER 02 530 Barrick Gold Corp COM 067901108 353 10876 SH SOLE 10876 Best Buy Inc. COM 086516101 4441 117000 SH SOLE 117000 Bristol-Myers Squibb Co. COM 110122108 632 28848 SH SOLE 28848 Brookdale Sr Living Inc. COM 112463104 139 27495 SH SOLE 27495 Brookfield Asset Mgmt Inc. Cla COM 112585104 6397 464211 SH SOLE 463766 445 25 1800 SH OTHER 02 1800 Buckeye Technologies Inc. COM 118255108 6082 2855604 SH SOLE 2841604 14000 99 46320 SH OTHER 02 04 46320 Cabot Oil & Gas Corp. COM 127097103 610 25900 SH SOLE 25900 CBS Corporation Class B COM 124857202 2204 574065 SH SOLE 574065 7 1940 SH OTHER 02 1940 Cedar Fair LP COM 150185106 1673 180114 SH SOLE 180114 Chesapeake Energy Corp. COM 165167107 5345 313310 SH SOLE 313310 26 1500 SH OTHER 02 1500 CIT Group Inc. COM 125581108 3475 1219420 SH SOLE 1211520 7900 75 26245 SH OTHER 02 04 26245 Colgate Palmolive Co COM 194162103 746 12650 SH SOLE 12650 Compton Petroleum Corp. COM 204940100 1292 1987070 SH SOLE 1961320 25750 53 81255 SH OTHER 02 04 81255 Core Laboratories COM N22717107 6490 88710 SH SOLE 88195 515 188 2572 SH OTHER 02 04 2572 Corrections Corp of America COM 22025Y407 17436 1361119 SH SOLE 1355319 5800 258 20170 SH OTHER 02 04 20170 Costco Wholesale Corp. COM 22160K105 4817 104000 SH SOLE 104000 CVS/Caremark Corp. COM 126650100 13195 480000 SH SOLE 480000 Danaher Corp. COM 235851102 4609 85000 SH SOLE 85000 Family Dollar Stores COM 307000109 6474 194000 SH SOLE 194000 FedEx Corp. COM 31428X106 6226 139946 SH SOLE 139821 125 22 505 SH OTHER 02 505 Ferrellgas Partners L.P. COM 315293100 360 26850 SH SOLE 26850 First Horizon Natl Corp. COM 320517105 991 92255 SH SOLE 70705 21551 Ford Motor Co COM 345370860 2369 900657 SH SOLE 900657 Forestar Group Inc. COM 346233109 6905 902645 SH SOLE 894145 8500 228 29790 SH OTHER 02 04 29790 Frontier Communications Corp COM 35906A108 1518 211364 SH SOLE 211364 16 2200 SH OTHER 02 2200 Gamestop Corp. COM 36467W109 1401 50000 SH SOLE 50000 Gannett Inc. COM 364730101 1753 796620 SH SOLE 796620 5 2190 SH OTHER 02 2190 Gardner Denver Inc COM 365558105 22026 1013166 SH SOLE 1008091 5075 361 16620 SH OTHER 02 04 16620 Gartner Inc. COM 366651107 27751 2520535 SH SOLE 2508860 11675 398 36105 SH OTHER 02 04 36105 General Electric Company COM 369604103 170 16860 SH SOLE 16860 Haynes International Inc COM 420877201 6917 388175 SH SOLE 385180 2995 155 8705 SH OTHER 02 04 8705 HCC Insurance Holdings Inc. COM 404132102 16846 668776 SH SOLE 668151 625 97 3855 SH OTHER 02 3855 Home Depot Inc. COM 437076102 14136 600000 SH SOLE 600000 HSN, Inc COM 404303109 6536 1271544 SH SOLE 1260669 10875 179 34920 SH OTHER 02 04 34920 Hugoton Rlty Tr COM 444717102 300 31335 SH SOLE 31335 Infinity Property & Casualty C COM 45665Q103 22450 661667 SH SOLE 657797 3870 412 12131 SH OTHER 02 04 12131 Intl. Business Machines COM 459200101 1317 13590 SH SOLE 13590 Jarden Corp. COM 471109108 3622 285880 SH SOLE 282880 3000 107 8445 SH OTHER 02 04 8445 JC Penney Inc. COM 708160106 14569 725910 SH SOLE 725420 490 24 1200 SH OTHER 02 1200 Kaydon Corp. COM 486587108 15465 565864 SH SOLE 563239 2625 219 8000 SH OTHER 02 04 8000 Kinder Morgan Management COM 49455U100 1606 39404 SH SOLE 39404 Kohls Corp. COM 500255104 4655 110000 SH SOLE 110000 Kroger Co. COM 501044101 4775 225000 SH SOLE 225000 Liberty Interactive Class A COM 53071M104 3885 1339715 SH SOLE 1339715 6 2095 SH OTHER 02 2095 Lowes Cos Inc. COM 548661107 9253 507000 SH SOLE 507000 Lubrizol Corp. COM 549271104 8307 244245 SH SOLE 243995 250 61 1800 SH OTHER 02 1800 MacQuarie Infrastructure Co LL COM 55608B105 70 50430 SH SOLE 50430 Macys Inc. COM 55616P104 1246 140000 SH SOLE 140000 MDS Inc COM 55269P302 6279 1330227 SH SOLE 1322287 7940 105 22190 SH OTHER 02 04 22190 Mettler Toledo International COM 592688105 6930 135015 SH SOLE 134215 800 137 2675 SH OTHER 02 04 2675 MSC Industrial Direct Co-A COM 553530106 25984 836309 SH SOLE 832534 3775 365 11740 SH OTHER 02 04 11740 MTS Systems Corp COM 553777103 6316 277625 SH SOLE 274575 3050 197 8655 SH OTHER 02 04 8655 Municipal Mtg & Equity LLC Gro COM 62624B101 23 66085 SH SOLE 66085 Oceaneering Intl., Inc. COM 675232102 13508 366355 SH SOLE 364145 2210 213 5790 SH OTHER 02 04 5790 Parker Hannifin Corp. COM 701094104 930 27376 SH SOLE 27376 Penn Virginia GP Holdings L P COM 70788P105 768 64735 SH SOLE 64735 Petrohawk Energy Corp COM 716495106 8105 421460 SH SOLE 420735 725 54 2800 SH OTHER 02 2800 Philip Morris International In COM 718172109 484 13600 SH SOLE 13600 Pool Corp. COM 73278L105 6745 503360 SH SOLE 498685 4675 197 14680 SH OTHER 02 04 14680 Prospect Capital Corp. COM 74348T102 633 74277 SH SOLE 74277 RCN Corp COM 749361200 11884 3211967 SH SOLE 3196102 15865 189 51035 SH OTHER 02 04 51035 Regions Financial Corp. COM 7591EP100 145 34058 SH SOLE 34058 Rush Enterprises Inc Class A COM 781846209 6507 729539 SH SOLE 721854 7685 203 22710 SH OTHER 02 04 22710 Schering Plough Corp. COM 806605101 531 22562 SH SOLE 22562 Scripps Networks Interactive C COM 811065101 8780 390045 SH SOLE 390045 17 750 SH OTHER 02 750 Service Corp International COM 817565104 710 203300 SH SOLE 203300 20 5700 SH OTHER 02 5700 Shire PLC ADR COM 82481R106 14695 408868 SH SOLE 408583 285 69 1910 SH OTHER 02 1910 Stancorp Financial Group COM 852891100 7210 316505 SH SOLE 314805 1700 130 5725 SH OTHER 02 04 5725 Stanley Works Corp COM 854616109 1310 45000 SH SOLE 45000 Stewart Enterprises Inc Cl A COM 860370105 12423 3834109 SH SOLE 3808859 25250 221 68230 SH OTHER 02 04 68230 Suntrust Bks Inc COM 867914103 145 12328 SH SOLE 12328 Target Corp. COM 87612E106 6293 183000 SH SOLE 183000 Tesco Corp. COM 88157K101 1604 205070 SH SOLE 202870 2200 49 6310 SH OTHER 02 04 6310 Thermo Fisher Scientific Inc. COM 883556102 16871 472970 SH SOLE 472595 375 92 2585 SH OTHER 02 2585 TJX Companies Inc. COM 872540109 1923 75000 SH SOLE 75000 U Store It Trust COM 91274F104 180 89045 SH SOLE 89045 Wal Mart Store Inc. COM 931142103 41128 789400 SH SOLE 789400 Walgreen Co. COM 931422109 24605 947804 SH SOLE 947354 450 36 1375 SH OTHER 02 1375 Walter Industries Inc. COM 93317Q105 24041 1051187 SH SOLE 1047057 4130 316 13810 SH OTHER 02 04 13810 Weatherford International Ltd COM H27013103 8584 775393 SH SOLE 774543 850 60 5440 SH OTHER 02 5440 Western Union Co. COM 959802109 3956 314720 SH SOLE 314720 Redecard SA COM 978 81000 SH SOLE 81000 Chesapeake Energy Corp (Put 11 CNV 165167BW6 510 675000 PRN SOLE 675000 Stewart Enterprises Inc CNV 860370AK1 865 1640000 PRN SOLE 1640000 CIT Group Inc Conv Pfd Series PFD CV 125581603 532 29220 SH SOLE 29220 iShares - High Yield Corporate MF 464288513 2149 31700.000SH SOLE 31700.000 iShares - Lehman Intermediate MF 464288638 537 5700.000 SH SOLE 5700.000 iShares - S&P National Municip MF 464288414 548 5500.000 SH SOLE 5500.000 MFS Multimarket Income Tr Sh B MF 552737108 52 10144.000SH SOLE 10144.000 iShares - Russell 2000 Value 464287630 844 21380.000SH SOLE 20280.000 1100.000 Royce Value Trust 780910105 102 14448.000SH SOLE 14448.000