The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Amdocs LTD COM G02602103 63,396 1,358,818 SH   SOLE   1,124,208 0 234,610
Amerisafe Inc. COM 03071H100 52,479 1,238,880 SH   SOLE   997,125 0 241,755
Amerisafe Inc. COM 03071H100 785 18,527 SH   OTR 4 18,527 0 0
Ares Capital Corp. COM 04010L103 24,749 1,585,973 SH   SOLE   1,223,693 0 362,280
Ares Capital Corp. COM 04010L103 355 22,768 SH   OTR 4 22,768 0 0
Autozone Inc. COM 053332102 95,578 154,380 SH   SOLE   131,715 0 22,665
Bristol-Myers Squibb Co. COM 110122108 491 8,312 SH   SOLE   8,312 0 0
Brookdale Sr Living Inc. COM 112463104 54,275 1,480,089 SH   SOLE   1,189,784 0 290,305
Brookdale Sr Living Inc. COM 112463104 834 22,757 SH   OTR 4 22,757 0 0
Brookfield Asset Mgmt Inc. Cla COM 112585104 36,675 731,605 SH   SOLE   519,185 0 212,420
Brookfield Infrast Partners LP COM G16252101 404 9,640 SH   SOLE   9,640 0 0
CGI Group Inc - Class A COM 39945C109 78,030 2,044,815 SH   SOLE   1,718,415 0 326,400
Corrections Corp of America COM 22025Y407 120,781 3,323,646 SH   SOLE   2,729,679 0 593,967
Corrections Corp of America COM 22025Y407 815 22,419 SH   OTR 4 22,419 0 0
DirecTV COM 25490A309 21,413 246,981 SH   SOLE   178,896 0 68,085
Discovery Communications Class COM 25470F104 54,956 1,595,235 SH   SOLE   1,296,035 0 299,200
Dorman Products Inc COM 258278100 44,292 917,580 SH   SOLE   736,000 0 181,580
Dorman Products Inc COM 258278100 677 14,028 SH   OTR 4 14,028 0 0
Dun & Bradstreet Corp COM 26483E100 86,730 717,017 SH   SOLE   579,387 0 137,630
Ensco PLC Shares Class A COM G3157S106 14,193 473,889 SH   SOLE   375,284 0 98,605
Exelis Inc COM 30162A108 1,187 67,695 SH   SOLE   48,995 0 18,700
FedEx Corp. COM 31428X106 43,631 251,241 SH   SOLE   185,181 0 66,060
First Cash Financial Services COM 31942D107 45,320 814,089 SH   SOLE   659,594 0 154,495
First Cash Financial Services COM 31942D107 660 11,856 SH   OTR 4 11,856 0 0
First Horizon Natl Corp COM 320517105 275 20,217 SH   SOLE   20,217 0 0
Fiserv Inc COM 337738108 83,698 1,179,345 SH   SOLE   996,200 0 183,145
Flowserve Corp COM 34354P105 71,593 1,196,610 SH   SOLE   978,200 0 218,410
Gannett Inc. COM 364730101 132,967 4,164,334 SH   SOLE   3,370,639 0 793,695
Gencorp COM 368682100 78,603 4,295,233 SH   SOLE   3,763,823 0 531,410
Gencorp COM 368682100 722 39,479 SH   OTR 4 39,479 0 0
Haynes International Inc COM 420877201 31,930 658,347 SH   SOLE   534,522 0 123,825
Haynes International Inc COM 420877201 457 9,421 SH   OTR 4 9,421 0 0
HCC Insurance Holdings Inc. COM 404132102 76,964 1,438,048 SH   SOLE   1,175,553 0 262,495
Howard Hughes Corp COM 44267D107 125,220 960,130 SH   SOLE   792,870 0 167,260
Howard Hughes Corp COM 44267D107 890 6,827 SH   OTR 4 6,827 0 0
HSN Inc. COM 404303109 122,798 1,615,766 SH   SOLE   1,420,171 0 195,595
HSN Inc. COM 404303109 1,142 15,029 SH   OTR 4 15,029 0 0
Infinity Property & Casualty C COM 45665Q103 51,333 664,424 SH   SOLE   542,129 0 122,295
Infinity Property & Casualty C COM 45665Q103 720 9,318 SH   OTR 4 9,318 0 0
International Business Machine COM 459200101 241 1,500 SH   SOLE   1,500 0 0
Jarden Corp. COM 471109108 172,464 3,602,004 SH   SOLE   2,955,434 0 646,570
Jarden Corp. COM 471109108 1,455 30,395 SH   OTR 4 30,395 0 0
Kinder Morgan Inc COM 49456B101 921 21,759 SH   SOLE   21,759 0 0
Liberty Interactive Corp Ser A COM 53071M104 39,413 1,339,667 SH   SOLE   891,092 0 448,575
Liberty TripAdvisor Holdings I COM 531465102 3,856 143,330 SH   SOLE   89,156 0 54,174
Liberty Ventures Series A COM 53071M880 12,968 343,800 SH   SOLE   226,964 0 116,836
MacQuarie Infrastructure Co LL COM 55608B105 220 3,100 SH   SOLE   3,100 0 0
Medidata Solutions Inc COM 58471A105 21,607 452,509 SH   SOLE   366,954 0 85,555
Medidata Solutions Inc COM 58471A105 314 6,584 SH   OTR 4 6,584 0 0
Mettler Toledo International COM 592688105 38,986 128,896 SH   SOLE   128,896 0 0
MSC Industrial Direct Co-A COM 553530106 111,356 1,370,536 SH   SOLE   1,119,821 0 250,715
MSC Industrial Direct Co-A COM 553530106 705 8,672 SH   OTR 4 8,672 0 0
MTS Systems Corp COM 553777103 52,931 705,459 SH   SOLE   568,264 0 137,195
MTS Systems Corp COM 553777103 788 10,498 SH   OTR 4 10,498 0 0
Open Text Corp COM 683715106 115,646 1,985,003 SH   SOLE   1,612,983 0 372,020
Pool Corp. COM 73278L105 30,746 484,649 SH   SOLE   392,699 0 91,950
Pool Corp. COM 73278L105 445 7,021 SH   OTR 4 7,021 0 0
Regency Energy Partners LP Uni COM 75885Y107 267 11,116 SH   SOLE   11,116 0 0
Rush Enterprises Inc Class A COM 781846209 48,292 1,506,769 SH   SOLE   1,213,814 0 292,955
Rush Enterprises Inc Class A COM 781846209 715 22,299 SH   OTR 4 22,299 0 0
Scripps Networks Interactive C COM 811065101 60,137 798,944 SH   SOLE   679,894 0 119,050
Service Corp International COM 817565104 45,709 2,013,604 SH   SOLE   1,927,304 0 86,300
Sirius XM Holdings Inc. COM 82968B103 42,421 12,120,232 SH   SOLE   8,720,497 0 3,399,735
Stancorp Financial Group COM 852891100 64,212 919,159 SH   SOLE   820,604 0 98,555
Stancorp Financial Group COM 852891100 521 7,451 SH   OTR 4 7,451 0 0
Stanley Black & Decker COM 854502101 30,226 314,597 SH   SOLE   219,412 0 95,185
Strategic Hotels & Resorts Inc COM 86272T106 46,845 3,540,791 SH   SOLE   2,845,141 0 695,650
Strategic Hotels & Resorts Inc COM 86272T106 709 53,573 SH   OTR 4 53,573 0 0
Teleflex Inc COM 879369106 52,638 458,437 SH   SOLE   355,737 0 102,700
Tesco Corp. COM 88157K101 19,328 1,507,640 SH   SOLE   1,209,990 0 297,650
Tesco Corp. COM 88157K101 286 22,330 SH   OTR 4 22,330 0 0
Thermo Fisher Scientific Inc. COM 883556102 100,623 803,122 SH   SOLE   680,982 0 122,140
Thermon Group Holding Inc COM 88362T103 30,354 1,254,796 SH   SOLE   1,015,146 0 239,650
Thermon Group Holding Inc COM 88362T103 452 18,683 SH   OTR 4 18,683 0 0
Tribune Media Co COM 896047503 53,619 897,083 SH   SOLE   738,883 0 158,200
UniFirst Corp COM 904708104 47,323 389,647 SH   SOLE   313,237 0 76,410
UniFirst Corp COM 904708104 676 5,567 SH   OTR 4 5,567 0 0
ViaSat Inc COM 92552V100 72,840 1,155,637 SH   SOLE   956,777 0 198,860
ViaSat Inc COM 92552V100 465 7,385 SH   OTR 4 7,385 0 0
Walter Investment Management C COM 93317W102 57,098 3,458,360 SH   SOLE   2,864,410 0 593,950
Walter Investment Management C COM 93317W102 435 26,337 SH   OTR 4 26,337 0 0
Weatherford International PLC COM G48833100 1,847 161,339 SH   SOLE   123,439 0 37,900
Western Union Co COM 959802109 3,106 173,420 SH   SOLE   132,320 0 41,100
Willis Group Holdings Public L COM G96666105 62,651 1,398,152 SH   SOLE   1,183,662 0 214,490
Xylem Inc COM 98419M100 44,059 1,157,305 SH   SOLE   1,120,605 0 36,700
Zebra Technologies Corp Cl A COM 989207105 142,581 1,841,897 SH   SOLE   1,516,137 0 325,760
Zebra Technologies Corp Cl A COM 989207105 1,080 13,947 SH   OTR 4 13,947 0 0
iShares - Barclays 1-3 Credit MF 464288646 660 6,274 SH   SOLE   6,274 0 0
iShares - Barclays Intermediat MF 464288638 873 7,981 SH   SOLE   7,981 0 0
iShares - High Yield Corporate MF 464288513 2,391 26,690 SH   SOLE   26,690 0 0
iShares - S&P National AMT-Fre MF 464288414 218 1,980 SH   SOLE   1,980 0 0
MFS Multimarket Income Tr Sh B MF 552737108 66 10,144 SH   SOLE   10,144 0 0
Vanguard Short Term Govt Bond MF 92206C102 230 3,785 SH   SOLE   3,785 0 0
iShares - Dow Jones Select Div MF 464287168 2,056 25,900 SH   SOLE   25,900 0 0
iShares - Russell 2000 Value MF 464287630 45,978 452,180 SH   SOLE   361,275 0 90,905
iShares - Russell 2000 Value MF 464287630 7 73 SH   OTR 4 73 0 0
iShares - Russell Midcap Value MF 464287473 435 5,900 SH   SOLE   0 0 5,900