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
ALTRIA GROUP INC COM COM 02209s103 294 7,667 SH   SOLE   7,667 0 0
AMERICAN AIRLS GRP INC COM COM 02376r102 5,252 208,010 SH   SOLE   187,210 0 20,800
AMERICAN CAMPUS CMNTYS COM COM 024835100 5,345 165,956 SH   SOLE   151,142 0 14,814
AMERICAN EXPRESS CO COM COM 025816109 12,730 140,306 SH   SOLE   124,001 0 16,305
APPLE COMPUTER COM 037833100 10,302 18,363 SH   SOLE   16,738 0 1,625
BAKER HUGHES INC COM COM 057224107 367 6,650 SH   SOLE   6,650 0 0
BEAZER HOMES USA INC COM NEW COM 07556Q881 1,221 49,985 SH   SOLE   49,985 0 0
BIG LOTS INC COM COM 089302103 6,649 205,929 SH   SOLE   189,539 0 16,390
BIOELECTRONICS CORP COM COM 09062H108 0 60,000 SH   SOLE   60,000 0 0
BP PLC SPONSORED ADR COM 055622104 443 9,120 SH   SOLE   9,120 0 0
BRISTOL-MYERS SQUIBB CO COM COM 110122108 394 7,406 SH   SOLE   7,406 0 0
CATERPILLAR INC DEL COM COM 149123101 322 3,550 SH   SOLE   3,550 0 0
CHEVRON CORP NEW COM COM 166764100 2,823 22,598 SH   SOLE   22,598 0 0
CISCO SYS INC COM COM 17275R102 6,804 303,331 SH   SOLE   278,655 0 24,676
COHEN & STEERS INC COM COM 19247A100 14,690 366,708 SH   SOLE   336,733 0 29,975
COLGATE PALMOLIVE CO COM COM 194162103 313 4,800 SH   SOLE   4,800 0 0
COMCAST CORP COM CL A COM 20030N101 15,291 294,248 SH   SOLE   260,232 0 34,016
DIGITAL GENERATION INC COM 25400b108 6,423 504,129 SH   SOLE   456,665 0 47,464
EOG RES INC COM COM 26875P101 10,142 60,428 SH   SOLE   56,435 0 3,993
ESTEE LAUDER COS INC COM COM 518439104 9,898 131,415 SH   SOLE   117,159 0 14,256
EXXON CORP COM COM 30231G102 1,232 12,178 SH   SOLE   12,178 0 0
FEC RESOURCES INC COM COM 30246x108 2 170,600 SH   SOLE   170,600 0 0
FOREST CITY ENTERPRISES INC CO COM 345550107 13,924 728,995 SH   SOLE   653,760 0 75,235
FRANKLIN RES INC COM COM 354613101 10,465 181,267 SH   SOLE   166,921 0 14,346
GATX CORP COM COM 361448103 10,676 204,634 SH   SOLE   181,001 0 23,633
GENCORP INC COM COM 368682100 20,317 1,127,487 SH   SOLE   1,000,398 0 127,089
GENERAL ELEC CO COM COM 369604103 11,342 404,649 SH   SOLE   362,226 0 42,423
HEWLETT PACKARD CO COM COM 428236103 13,305 475,536 SH   SOLE   429,885 0 45,651
HYSTER YALE MATLS HAND CL A COM 449172105 9,185 98,595 SH   SOLE   89,070 0 9,525
INSPERITY INC COM 45778Q107 9,721 269,066 SH   SOLE   238,109 0 30,957
INTEL CORP COM COM 458140100 8,575 330,379 SH   SOLE   297,659 0 32,720
INTERNATIONAL BUS MACH COM COM 459200101 643 3,426 SH   SOLE   3,426 0 0
J P MORGAN CHASE & CO COM COM 46625H100 9,788 167,377 SH   SOLE   153,403 0 13,974
JOHNSON & JOHNSON COM COM 478160104 8,959 97,815 SH   SOLE   88,893 0 8,922
KAISER ALUMINUM CORP COM PAR $ COM 483007704 10,523 149,819 SH   SOLE   132,167 0 17,652
KENNAMETAL INC COM COM 489170100 8,997 172,795 SH   SOLE   152,359 0 20,436
KIMBERLY CLARK CORP COM COM 494368103 379 3,631 SH   SOLE   3,631 0 0
LEGG MASON INC COM COM 524901105 11,429 262,850 SH   SOLE   238,775 0 24,075
LIFE TIME FITNESS INC COM COM 53217R207 8,360 177,867 SH   SOLE   161,505 0 16,362
LKQ CORP COM COM 501889208 14,942 454,167 SH   SOLE   398,791 0 55,376
LOEWS CORP COM COM 540424108 3,147 65,232 SH   SOLE   65,232 0 0
MAGELLAN MIDSTREAM PRT COM UNI COM 559080106 519 8,200 SH   SOLE   8,200 0 0
MARCHEX INC CL B COM 56624r108 11,122 1,285,813 SH   SOLE   1,162,508 0 123,305
MERCK & CO INC NEW COM COM 58933Y105 9,327 186,357 SH   SOLE   166,448 0 19,909
MODINE MANUFACTURING COM 607828100 8,087 630,801 SH   SOLE   571,502 0 59,299
MONDELEZ INTL INC COM 609207105 201 5,696 SH   SOLE   5,696 0 0
NEWFIELD EXPL CO COM COM 651290108 4,694 190,580 SH   SOLE   171,536 0 19,044
NORDSON CORP COM COM 655663102 13,806 185,819 SH   SOLE   169,540 0 16,279
NORDSTROM INC COM COM 655664100 8,842 143,070 SH   SOLE   126,103 0 16,967
NOVAPET PRODUCTS INC COM COM 669875106 0 12,000 SH   SOLE   12,000 0 0
OMNOVA SOLUTIONS INC COM COM 682129101 11,248 1,234,657 SH   SOLE   1,108,814 0 125,843
ORACLE CORP COM COM 68389X105 11,241 293,814 SH   SOLE   263,108 0 30,706
PARAGON MTG CORP COM COM 699117107 0 10,000 SH   SOLE   10,000 0 0
PFIZER INC COM COM 717081103 662 21,608 SH   SOLE   21,608 0 0
PHILIP MORRIS INTL INC COM COM 718172109 1,101 12,638 SH   SOLE   12,638 0 0
PROCTER & GAMBLE CO COM COM 742718109 432 5,310 SH   SOLE   5,310 0 0
PROGRESSIVE CORP OHIO COM COM 743315103 2,838 104,060 SH   SOLE   104,060 0 0
PULTE GROUP INC COM COM 745867101 18,099 888,497 SH   SOLE   790,821 0 97,676
REX ENERGY CORPORATION COM COM 761565100 256 12,975 SH   SOLE   12,975 0 0
SCHLUMBERGER LTD COM COM 806857108 11,090 123,077 SH   SOLE   107,893 0 15,184
SCHWAB CHARLES CORP NEW COM COM 808513105 14,693 565,097 SH   SOLE   505,754 0 59,343
SIMON PPTY GROUP NEW COM COM 828806109 9,723 63,902 SH   SOLE   57,935 0 5,967
SKULLCANDY INC COM COM 83083j104 5,347 741,626 SH   SOLE   671,226 0 70,400
SKYWORKS SOLUTIONS INC COM COM 83088m102 9,772 342,162 SH   SOLE   310,558 0 31,604
STARBUCKS CORP COM COM 855244109 1,397 17,820 SH   SOLE   17,820 0 0
SVB FINL GROUP COM COM 78486q101 780 7,435 SH   SOLE   7,435 0 0
TENET HEALTHCARE CORP COM COM 88033g407 9,357 222,140 SH   SOLE   197,769 0 24,371
TERADYNE INC COM COM 880770102 11,704 664,239 SH   SOLE   586,195 0 78,044
TETRA TECH INC NEW COM COM 88162G103 10,548 376,970 SH   SOLE   340,184 0 36,786
TEXAS CAPITAL BNCSHRS COM COM 88224Q107 208 3,340 SH   SOLE   3,340 0 0
TIME WARNER INC COM COM 887317303 5,571 79,911 SH   SOLE   71,722 0 8,189
TRANSOCEAN INC COM COM H8817H100 5,727 115,882 SH   SOLE   105,136 0 10,746
UNITED NAT FOOD INC COM COM 911163103 10,016 132,852 SH   SOLE   119,422 0 13,430
VGTEL INC COM COM 925543100 11 10,000 SH   SOLE   10,000 0 0
WALT DISNEY CO COM COM 254687106 12,970 169,763 SH   SOLE   152,033 0 17,730
WELLS FARGO & CO NEW COM COM 949746101 9,613 211,735 SH   SOLE   189,616 0 22,119
WEYERHAEUSER CO COM COM 962166104 11,995 379,937 SH   SOLE   337,071 0 42,866
WYNDHAM WORLDWIDE CORP COM COM 98310W108 15,272 207,245 SH   SOLE   186,838 0 20,407
COHEN & STEERS RT & PF COM COM 19247x100 194 12,338 SH   SOLE   12,338 0 0
LAZARD FDS INC EMERG MKT RETL MEUS 52106n764 3,656 191,007 SH   SOLE   191,007 0 0
LAZARD FDS INC EMKTS EQBL OPN MEUS 52106N418 575 51,518 SH   SOLE   51,518 0 0