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
3M COMPANY COMMON 88579Y101 49,610 300,759 SH   DFND   0 0 300,759
3M COMPANY COMMON 88579Y101 94,203 571,100 SH   SOLE   499,100 0 72,000
ALTERA CORP COMMON 021441100 26,171 609,900 SH   DFND   0 0 609,900
ALTERA CORP COMMON 021441100 41,043 956,493 SH   SOLE   847,393 0 109,100
AMERICAN EXPRESS CO COMMON 025816109 13,163 168,500 SH   DFND   0 0 168,500
AMERICAN EXPRESS CO COMMON 025816109 38,060 487,200 SH   SOLE   418,800 0 68,400
APACHE CORP COMMON 037411105 55,879 926,221 SH   DFND   0 0 926,221
APACHE CORP COMMON 037411105 112,141 1,858,790 SH   SOLE   1,611,990 0 246,800
AUSTRAL&NEW ZEAL BKG BKG SP ADR (1 ORD) 052528304 4,926 177,250 SH   SOLE   177,250 0 0
BANCO BRADESCO S A ADR (1 PFD) 059460303 148,383 15,989,520 SH   SOLE   13,161,240 0 2,828,280
BECTON DICKINSON COMMON 075887109 30,573 212,920 SH   DFND   0 0 212,920
BECTON DICKINSON COMMON 075887109 58,671 408,600 SH   SOLE   378,000 0 30,600
BED BATH & BEYOND COMMON 075896100 4,852 63,200 SH   DFND   0 0 63,200
BED BATH & BEYOND COMMON 075896100 15,271 198,900 SH   SOLE   173,000 0 25,900
BEMIS INC COMMON 081437105 14,475 312,565 SH   DFND   0 0 312,565
BEMIS INC COMMON 081437105 29,837 644,280 SH   SOLE   558,780 0 85,500
BERKSHIRE HATHAWAY CLASS B 084670702 60,660 420,313 SH   DFND   0 0 420,313
BERKSHIRE HATHAWAY CLASS B 084670702 128,534 890,620 SH   SOLE   773,090 0 117,530
CARLISLE COS INC COMMON 142339100 13,663 147,500 SH   DFND   0 0 147,500
CARLISLE COS INC COMMON 142339100 4,983 53,800 SH   SOLE   53,800 0 0
CARNIVAL CORP COMMON 143658300 54,241 1,133,805 SH   DFND   0 0 1,133,805
CARNIVAL CORP COMMON 143658300 116,028 2,425,324 SH   SOLE   2,126,218 0 299,106
COCA-COLA CO COMMON 191216100 37,108 915,120 SH   DFND   0 0 915,120
COCA-COLA CO COMMON 191216100 62,893 1,551,000 SH   SOLE   1,353,700 0 197,300
CULLEN FROST BANKERS COMMON 229899109 13,498 195,400 SH   DFND   0 0 195,400
CULLEN FROST BANKERS COMMON 229899109 28,530 413,000 SH   SOLE   361,700 0 51,300
DENBURY RES INC COMMON 247916208 25,892 3,551,750 SH   DFND   0 0 3,551,750
DENBURY RES INC COMMON 247916208 61,560 8,444,400 SH   SOLE   7,306,200 0 1,138,200
DENTSPLY INTL INC COMMON 249030107 14,707 288,990 SH   DFND   0 0 288,990
DENTSPLY INTL INC COMMON 249030107 23,343 458,689 SH   SOLE   403,389 0 55,300
EMERSON ELEC CO COMMON 291011104 334 5,900 SH   DFND   0 0 5,900
EMERSON ELEC CO COMMON 291011104 6,902 121,900 SH   SOLE   105,800 0 16,100
FLIR SYS INC COMMON 302445101 23,697 757,570 SH   DFND   0 0 757,570
FLIR SYS INC COMMON 302445101 35,462 1,133,698 SH   SOLE   1,056,798 0 76,900
GANNETT INC COMMON 364730101 70,224 1,893,850 SH   DFND   0 0 1,893,850
GANNETT INC COMMON 364730101 101,836 2,746,380 SH   SOLE   2,425,690 0 320,690
GENERAL DYNAMICS COMMON 369550108 8,945 65,900 SH   DFND   0 0 65,900
GENERAL DYNAMICS COMMON 369550108 23,896 176,055 SH   SOLE   161,555 0 14,500
GENTEX CORP COMMON 371901109 8,949 489,000 SH   DFND   0 0 489,000
GENTEX CORP COMMON 371901109 23,999 1,311,400 SH   SOLE   1,135,700 0 175,700
GOOGLE INC CLASS A 38259P508 13,641 24,591 SH   DFND   0 0 24,591
GOOGLE INC CLASS C 38259P706 10,120 18,468 SH   DFND   0 0 18,468
GOOGLE INC CLASS C 38259P706 17,591 32,101 SH   SOLE   27,878 0 4,223
GOOGLE INC CLASS A 38259P508 26,205 47,241 SH   SOLE   40,608 0 6,633
GRANITE CONSTR INC COMMON 387328107 15,802 449,700 SH   DFND   0 0 449,700
GRANITE CONSTR INC COMMON 387328107 24,935 709,600 SH   SOLE   620,000 0 89,600
HEARTLAND EXPRESS IN COMMON 422347104 14,288 601,352 SH   DFND   0 0 601,352
HEARTLAND EXPRESS IN COMMON 422347104 4,376 184,173 SH   SOLE   184,173 0 0
INFOSYS LIMITED ADR 456788108 218,015 6,214,790 SH   SOLE   5,132,690 0 1,082,100
INTEL CORP COMMON 458140100 30,477 974,625 SH   DFND   0 0 974,625
INTEL CORP COMMON 458140100 58,918 1,884,180 SH   SOLE   1,652,360 0 231,820
JACOBS ENGR GROUP COMMON 469814107 18,394 407,300 SH   DFND   0 0 407,300
JACOBS ENGR GROUP COMMON 469814107 52,866 1,170,639 SH   SOLE   1,075,839 0 94,800
JOHNSON & JOHNSON COMMON 478160104 52,931 526,156 SH   DFND   0 0 526,156
JOHNSON & JOHNSON COMMON 478160104 100,067 994,700 SH   SOLE   923,100 0 71,600
LENNAR CORP CLASS B 526057302 3,479 84,650 SH   DFND   0 0 84,650
LENNAR CORP CLASS B 526057302 1,313 31,958 SH   SOLE   31,958 0 0
MARKEL CORP COMMON 570535104 104,544 135,955 SH   DFND   0 0 135,955
MARKEL CORP COMMON 570535104 267,267 347,570 SH   SOLE   303,933 0 43,637
MATTEL INC COMMON 577081102 19,524 854,444 SH   DFND   0 0 854,444
MATTEL INC COMMON 577081102 44,407 1,943,400 SH   SOLE   1,681,900 0 261,500
MDU RES GROUP INC COMMON 552690109 37,169 1,741,765 SH   DFND   0 0 1,741,765
MDU RES GROUP INC COMMON 552690109 74,163 3,475,300 SH   SOLE   3,027,800 0 447,500
MEDTRONIC PLC SHS G5960L103 2,700 34,617 SH   DFND   0 0 34,617
MEDTRONIC PLC SHS G5960L103 6,823 87,482 SH   SOLE   75,916 0 11,566
MERCK & CO INC COMMON 58933Y105 28,893 502,657 SH   DFND   0 0 502,657
MERCK & CO INC COMMON 58933Y105 50,298 875,050 SH   SOLE   813,550 0 61,500
MICROSOFT CORP COMMON 594918104 35,935 883,893 SH   DFND   0 0 883,893
MICROSOFT CORP COMMON 594918104 66,760 1,642,100 SH   SOLE   1,447,700 0 194,400
NABORS INDS LTD COMMON G6359F103 10,696 783,600 SH   DFND   0 0 783,600
NABORS INDS LTD COMMON G6359F103 23,570 1,726,763 SH   SOLE   1,507,763 0 219,000
NATL AUSTRALIA BK SP ADR (1 ORD) 632525408 2,741 187,666 SH   SOLE   187,666 0 0
PFIZER INC COMMON 717081103 28,836 828,857 SH   DFND   0 0 828,857
PFIZER INC COMMON 717081103 46,687 1,341,960 SH   SOLE   1,239,140 0 102,820
POSCO ADR (0.25 ORD) 693483109 221,241 4,047,586 SH   SOLE   3,310,966 0 736,620
PRECISION CASTPARTS COMMON 740189105 1,995 9,500 SH   DFND   0 0 9,500
PRECISION CASTPARTS COMMON 740189105 6,625 31,547 SH   SOLE   25,747 0 5,800
PROCTER & GAMBLE CO COMMON 742718109 58,831 717,978 SH   DFND   0 0 717,978
PROCTER & GAMBLE CO COMMON 742718109 120,542 1,471,100 SH   SOLE   1,290,800 0 180,300
QUALCOMM INC COMMON 747525103 7,204 103,900 SH   DFND   0 0 103,900
QUALCOMM INC COMMON 747525103 25,309 365,000 SH   SOLE   308,800 0 56,200
ROCKWELL COLLINS INC COMMON 774341101 9,597 99,400 SH   DFND   0 0 99,400
ROCKWELL COLLINS INC COMMON 774341101 22,429 232,300 SH   SOLE   213,600 0 18,700
RYANAIR HLDGS SP ADR (5 ORD) 783513104 75,090 1,124,610 SH   SOLE   930,710 0 193,900
SAMSUNG ELECTRS LTD GDR 144A (0.5 ORD) 796050888 343,335 528,679 SH   SOLE   434,831 0 93,848
SYSCO CORP COMMON 871829107 35,380 937,710 SH   DFND   0 0 937,710
SYSCO CORP COMMON 871829107 59,938 1,588,600 SH   SOLE   1,385,300 0 203,300
TIDEWATER INC COMMON 886423102 23,701 1,238,309 SH   DFND   0 0 1,238,309
TIDEWATER INC COMMON 886423102 53,245 2,781,866 SH   SOLE   2,408,600 0 373,266
UNITED TECHNOLOGIES COMMON 913017109 25,202 215,030 SH   DFND   0 0 215,030
UNITED TECHNOLOGIES COMMON 913017109 59,631 508,800 SH   SOLE   471,600 0 37,200
VALLEY NATL BANCORP COMMON 919794107 23,496 2,489,000 SH   DFND   0 0 2,489,000
VALLEY NATL BANCORP COMMON 919794107 30,157 3,194,600 SH   SOLE   2,831,800 0 362,800
VALMONT INDS INC COMMON 920253101 3,305 26,900 SH   DFND   0 0 26,900
VALMONT INDS INC COMMON 920253101 12,505 101,763 SH   SOLE   85,763 0 16,000
WALGREENS BOOTS ALNC COMMON 931427108 33,433 394,820 SH   DFND   0 0 394,820
WALGREENS BOOTS ALNC COMMON 931427108 62,130 733,700 SH   SOLE   637,300 0 96,400
WALT DISNEY CO COMMON 254687106 15,310 145,960 SH   DFND   0 0 145,960
WALT DISNEY CO COMMON 254687106 32,867 313,350 SH   SOLE   270,350 0 43,000
WASHINGTON FEDERAL COMMON 938824109 43,857 2,011,345 SH   DFND   0 0 2,011,345
WASHINGTON FEDERAL COMMON 938824109 101,316 4,646,475 SH   SOLE   4,075,295 0 571,180
WELLS FARGO & CO COMMON 949746101 84,502 1,553,351 SH   DFND   0 0 1,553,351
WELLS FARGO & CO COMMON 949746101 162,553 2,988,100 SH   SOLE   2,605,300 0 382,800
WESTAMERICA BANCORP COMMON 957090103 7,497 173,500 SH   DFND   0 0 173,500
WESTAMERICA BANCORP COMMON 957090103 16,009 370,500 SH   SOLE   320,700 0 49,800
WORLD FUEL SVCS CORP COMMON 981475106 8,254 143,600 SH   DFND   0 0 143,600
WORLD FUEL SVCS CORP COMMON 981475106 3,145 54,717 SH   SOLE   54,717 0 0