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
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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
ADT Corporation Common 00101j106 232,715,629 6,660,436 SH   SOLE 0 6,187,402 473,034 0
Axiall Corporation Common 05463D100 223,247,229 4,722,810 SH   SOLE 0 4,374,935 347,875 0
Cablevision Systems Corporation Cl A Common 12686C109 212,643,123 12,047,769 SH   SOLE 0 11,148,433 899,336 0
WPX Energy Inc. Common 98212b103 210,389,900 8,799,243 SH   SOLE 0 8,131,502 667,741 0
USG Corporation Common 903293405 204,719,370 6,794,536 SH   SOLE 0 6,293,536 501,000 0
Entegris, Inc. Common 29362U104 189,587,561 13,793,202 SH   SOLE 0 12,624,402 1,168,800 0
Molson Coors Brewing Co Cl B Cl B Common 60871R209 180,980,064 2,440,400 SH   SOLE 0 2,409,950 30,450 0
PerkinElmer, Inc. Common 714046109 172,626,010 3,685,440 SH   SOLE 0 3,370,565 314,875 0
Aaron's, Inc. Common 002535300 169,272,180 4,749,500 SH   SOLE 0 4,319,500 430,000 0
VCA Inc. Common 918194101 168,592,712 4,804,580 SH   SOLE 0 4,413,262 391,318 0
Live Nation Entertainment, Inc. Common 538034109 165,448,159 6,701,019 SH   SOLE 0 6,265,587 435,432 0
Compass Minerals International, Inc. Common 20451N101 137,108,584 1,432,093 SH   SOLE 0 1,275,046 157,047 0
Lindsay Corporation Common 535555106 122,129,598 1,445,834 SH   SOLE 0 1,279,934 165,900 0
General Electric Com Common 369604103 119,328,029 4,540,640 SH   SOLE 0 4,478,390 62,250 0
Knowles Corporation Common 49926d109 117,903,270 3,835,500 SH   SOLE 0 3,404,510 430,990 0
CST Brands, Inc. Common 12646r105 112,126,553 3,250,045 SH   SOLE 0 2,845,645 404,400 0
Calgon Carbon Corp Common 129603106 107,997,393 4,836,426 SH   SOLE 0 4,320,176 516,250 0
Pfizer Inc. Common 717081103 106,645,815 3,593,188 SH   SOLE 0 3,538,588 54,600 0
Exelis Inc. Common 30162A108 105,039,265 6,186,058 SH   SOLE 0 5,436,940 749,118 0
General Motors Common 37045v100 92,200,040 2,539,946 SH   SOLE 0 2,492,163 47,783 0
Devon Energy Corporation Common 25179m103 91,523,396 1,152,688 SH   SOLE 0 1,127,738 24,950 0
GrafTech International Ltd. Common 384313102 90,549,124 8,656,704 SH   SOLE 0 7,802,454 854,250 0
Microsoft Corp Common 594918104 89,517,964 2,146,714 SH   SOLE 0 2,105,814 40,900 0
Bank of New York Mellon Corp. Common 064058100 88,668,085 2,365,744 SH   SOLE 0 2,317,944 47,800 0
Mosaic Co. Common 61945c103 88,583,494 1,791,375 SH   SOLE 0 1,753,525 37,850 0
Deere & Company Common 244199105 86,548,192 955,806 SH   SOLE 0 937,506 18,300 0
Corning Inc. Common 219350105 86,258,956 3,929,793 SH   SOLE 0 3,858,893 70,900 0
Zoetis Inc. Common 98978V103 67,850,902 2,102,600 SH   SOLE 0 2,070,300 32,300 0
Checkpoint Systems Inc Common 162825103 66,766,338 4,772,433 SH   SOLE 0 4,218,846 553,587 0
Penske Automotive Group, Inc. Common 70959w103 51,397,781 1,038,339 SH   SOLE 0 928,163 110,176 0
Bally Technologies, Inc. Common 05874b107 48,271,734 734,506 SH   SOLE 0 649,806 84,700 0
Dynegy Inc. Common 26817R108 46,790,027 1,344,541 SH   SOLE 0 1,206,729 137,812 0
Ishares Russell 2000 ETF ETF 464287655 26,404,928 222,245 SH   SOLE 0 195,845 26,400 0
WhiteWave Foods Company Cl A Common 966244105 26,326,133 813,288 SH   SOLE 0 724,297 88,991 0
Ishares Trust Russell 2000 Value Index ETF 464287630 9,357,421 90,620 SH   SOLE 0 70,620 20,000 0
International Business Machines Corp Common 459200101 4,559,242 25,152 SH   SOLE 0 25,152 0 0
Spdr Trust Series 1 ETF 78462F103 4,084,059 20,867 SH   SOLE 0 20,867 0 0
POTASH CORP SASK INC COM Common 73755l107 2,011,880 53,000 SH   SOLE 0 53,000 0 0
Post Properties 8.50% Preferred 737464206 1,447,493 22,907 SH   SOLE 0 21,907 1,000 0
Newmont Mining Common 651639106 1,399,200 55,000 SH   SOLE 0 55,000 0 0
Freeport Mcmoran Copper & Gold Cl B Common 35671D857 930,914 25,505 SH   SOLE 0 25,505 0 0
Pebblebrook Hotel Trust Series A Preferred 70509V209 779,828 29,595 SH   SOLE 0 26,395 3,200 0
Hecla Mining Common 422704106 690,000 200,000 SH   SOLE 0 200,000 0 0
iShares iBoxx $ High Yield Corporate Bd ETF 464288513 652,120 6,850 SH   SOLE 0 6,850 0 0
Constellation Brands Inc. - A Cl A Common 21036p108 548,609 6,225 SH   SOLE 0 6,225 0 0
E I Dupont Common 263534109 479,459 7,327 SH   SOLE 0 7,327 0 0
Walt Disney Company Common 254687106 467,279 5,450 SH   SOLE 0 5,450 0 0
Cincinnati Bell 6.75% Series B Preferred 171871403 405,299 8,400 SH   SOLE 0 6,400 2,000 0
Johnson & Johnson Common 478160104 376,632 3,600 SH   SOLE 0 3,600 0 0
Bank Of America Corp Common 060505104 315,085 20,500 SH   SOLE 0 20,500 0 0
WELLS FARGO & CO NEW DEP SHS SER J Preferred 949746879 312,270 10,500 SH   SOLE 0 10,500 0 0
Procter & Gamble Co Common 742718109 274,413 3,492 SH   SOLE 0 3,492 0 0
Thermo Fisher Scientific, Inc Common 883556102 264,320 2,240 SH   SOLE 0 2,240 0 0
Scripps Networks Inter - CL A Cl A Common 811065101 251,534 3,100 SH   SOLE 0 3,100 0 0
RPC Energy Services Common 749660106 242,668 10,331 SH   SOLE 0 10,331 0 0
Apple Computers Common 037833100 234,849 2,527 SH   SOLE 0 2,527 0 0
LIBERTY MEDIA CORP DEL CL A Cl A Common 531229102 205,293 1,502 SH   SOLE 0 1,502 0 0
Babcock & Wilcox Company Common 05615f102 204,498 6,300 SH   SOLE 0 6,300 0 0
Tiffany & Co. Common 886547108 200,500 2,000 SH   SOLE 0 2,000 0 0