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 289 7,717 SH   SOLE   7,717 0 0
AMERICAN AIRLS GRP INC COM COM 02376r102 7,608 207,865 SH   SOLE   187,065 0 20,800
AMERICAN CAMPUS CMNTYS COM COM 024835100 6,322 169,251 SH   SOLE   154,437 0 14,814
AMERICAN ELEC PWR INC COM COM 025537101 5,490 108,367 SH   SOLE   97,367 0 11,000
AMERICAN EXPRESS CO COM COM 025816109 12,394 137,662 SH   SOLE   121,357 0 16,305
APPLE COMPUTER COM 037833100 9,929 18,500 SH   SOLE   16,875 0 1,625
AT&T INC COM COM 00206r102 210 5,977 SH   SOLE   5,977 0 0
BAKER HUGHES INC COM COM 057224107 419 6,450 SH   SOLE   6,450 0 0
BANYAN RAIL SVCS INC COM NEW COM 06684A305 85 11,341 SH   SOLE   11,341 0 0
BEAZER HOMES USA INC COM NEW COM 07556Q881 1,016 50,585 SH   SOLE   50,585 0 0
BIG LOTS INC COM COM 089302103 7,824 206,597 SH   SOLE   190,207 0 16,390
BIOELECTRONICS CORP COM COM 09062H108 0 60,000 SH   SOLE   60,000 0 0
BP PLC SPONSORED ADR COM 055622104 459 9,542 SH   SOLE   9,542 0 0
BRISTOL-MYERS SQUIBB CO COM COM 110122108 385 7,406 SH   SOLE   7,406 0 0
CATERPILLAR INC DEL COM COM 149123101 353 3,550 SH   SOLE   3,550 0 0
CHEVRON CORP NEW COM COM 166764100 2,553 21,474 SH   SOLE   21,474 0 0
CISCO SYS INC COM COM 17275R102 6,792 302,990 SH   SOLE   278,314 0 24,676
COHEN & STEERS INC COM COM 19247A100 14,435 362,236 SH   SOLE   332,261 0 29,975
COLGATE PALMOLIVE CO COM COM 194162103 311 4,800 SH   SOLE   4,800 0 0
COMCAST CORP COM CL A COM 20030N101 13,976 279,293 SH   SOLE   250,277 0 29,016
EOG RES INC COM COM 26875P101 11,382 58,023 SH   SOLE   54,030 0 3,993
ESTEE LAUDER COS INC COM COM 518439104 8,733 130,570 SH   SOLE   116,314 0 14,256
EXXON CORP COM COM 30231G102 1,217 12,464 SH   SOLE   12,464 0 0
FEC RESOURCES INC COM COM 30246x108 1 170,600 SH   SOLE   170,600 0 0
FOREST CITY ENTERPRISES INC CO COM 345550107 13,741 719,428 SH   SOLE   644,193 0 75,235
FRANKLIN RES INC COM COM 354613101 9,886 182,469 SH   SOLE   168,123 0 14,346
GATX CORP COM COM 361448103 13,692 201,704 SH   SOLE   178,071 0 23,633
GENCORP INC COM COM 368682100 20,258 1,108,787 SH   SOLE   981,698 0 127,089
GENERAL ELEC CO COM COM 369604103 10,387 401,199 SH   SOLE   358,776 0 42,423
HAWAIIAN HOLDINGS INC COM COM 419879101 159 11,375 SH   SOLE   11,375 0 0
HEWLETT PACKARD CO COM COM 428236103 14,970 462,606 SH   SOLE   418,955 0 43,651
HYSTER YALE MATLS HAND CL A COM 449172105 9,635 98,823 SH   SOLE   89,298 0 9,525
INSPERITY INC COM 45778Q107 8,326 268,766 SH   SOLE   237,809 0 30,957
INTEL CORP COM COM 458140100 8,535 330,624 SH   SOLE   297,904 0 32,720
INTERNATIONAL BUS MACH COM COM 459200101 662 3,438 SH   SOLE   3,438 0 0
J P MORGAN CHASE & CO COM COM 46625H100 10,092 166,229 SH   SOLE   152,255 0 13,974
JOHNSON & JOHNSON COM COM 478160104 9,601 97,738 SH   SOLE   88,816 0 8,922
KAISER ALUMINUM CORP COM PAR $ COM 483007704 10,408 145,724 SH   SOLE   128,072 0 17,652
KENNAMETAL INC COM COM 489170100 7,638 172,425 SH   SOLE   151,989 0 20,436
KIMBERLY CLARK CORP COM COM 494368103 400 3,631 SH   SOLE   3,631 0 0
LEGG MASON INC COM COM 524901105 12,864 262,320 SH   SOLE   238,245 0 24,075
LIFE TIME FITNESS INC COM COM 53217R207 8,606 178,917 SH   SOLE   162,555 0 16,362
LKQ CORP COM COM 501889208 12,192 462,707 SH   SOLE   407,331 0 55,376
LOEWS CORP COM COM 540424108 2,825 64,132 SH   SOLE   64,132 0 0
MAGELLAN MIDSTREAM PRT COM UNI COM 559080106 683 9,800 SH   SOLE   9,800 0 0
MARCHEX INC CL B COM 56624r108 13,478 1,282,363 SH   SOLE   1,159,058 0 123,305
MERCK & CO INC NEW COM COM 58933Y105 10,530 185,490 SH   SOLE   165,581 0 19,909
MODINE MANUFACTURING COM 607828100 9,182 626,759 SH   SOLE   567,460 0 59,299
NEWFIELD EXPL CO COM COM 651290108 6,019 191,940 SH   SOLE   172,896 0 19,044
NORDSON CORP COM COM 655663102 12,834 182,062 SH   SOLE   165,783 0 16,279
NORDSTROM INC COM COM 655664100 8,913 142,728 SH   SOLE   125,761 0 16,967
NORWEGIAN CRUISE LINE HOLDINGS COM G66721104 5,089 157,715 SH   SOLE   142,200 0 15,515
NOVAPET PRODUCTS INC COM COM 669875106 0 12,000 SH   SOLE   12,000 0 0
OMNOVA SOLUTIONS INC COM COM 682129101 12,781 1,231,297 SH   SOLE   1,105,454 0 125,843
ORACLE CORP COM COM 68389X105 12,016 293,711 SH   SOLE   263,005 0 30,706
PARAGON MTG CORP COM COM 699117107 0 10,000 SH   SOLE   10,000 0 0
PFIZER INC COM COM 717081103 701 21,828 SH   SOLE   21,828 0 0
PHILIP MORRIS INTL INC COM COM 718172109 1,037 12,668 SH   SOLE   12,668 0 0
PROCTER & GAMBLE CO COM COM 742718109 428 5,310 SH   SOLE   5,310 0 0
PROGRESSIVE CORP OHIO COM COM 743315103 2,549 105,260 SH   SOLE   105,260 0 0
PULTE GROUP INC COM COM 745867101 17,095 890,826 SH   SOLE   793,150 0 97,676
REX ENERGY CORPORATION COM COM 761565100 243 12,975 SH   SOLE   12,975 0 0
SCHLUMBERGER LTD COM COM 806857108 11,930 122,364 SH   SOLE   107,180 0 15,184
SCHWAB CHARLES CORP NEW COM COM 808513105 14,735 539,147 SH   SOLE   479,804 0 59,343
SIMON PPTY GROUP NEW COM COM 828806109 10,533 64,228 SH   SOLE   58,261 0 5,967
SIZMEK INC COM 83013p105 6,139 577,554 SH   SOLE   520,090 0 57,464
SKULLCANDY INC COM COM 83083j104 6,898 751,459 SH   SOLE   681,059 0 70,400
SKYWORKS SOLUTIONS INC COM COM 83088m102 12,821 341,702 SH   SOLE   310,098 0 31,604
STARBUCKS CORP COM COM 855244109 1,164 15,860 SH   SOLE   15,860 0 0
STEM CELL AUTH LTD COM 85857c108 0 10,000 SH   SOLE   10,000 0 0
SVB FINL GROUP COM COM 78486q101 812 6,305 SH   SOLE   6,305 0 0
TENET HEALTHCARE CORP COM COM 88033g407 9,538 222,808 SH   SOLE   198,437 0 24,371
TERADYNE INC COM COM 880770102 12,985 652,842 SH   SOLE   574,798 0 78,044
TETRA TECH INC NEW COM COM 88162G103 11,101 375,160 SH   SOLE   338,374 0 36,786
TEXAS CAPITAL BNCSHRS COM COM 88224Q107 217 3,340 SH   SOLE   3,340 0 0
TIME WARNER INC COM COM 887317303 5,231 80,068 SH   SOLE   71,879 0 8,189
TRANSOCEAN INC COM COM H8817H100 4,722 114,223 SH   SOLE   103,477 0 10,746
UNITED NAT FOOD INC COM COM 911163103 9,279 130,837 SH   SOLE   117,407 0 13,430
VERIZON COMMUNICATIONS COM COM 92343V104 231 4,856 SH   SOLE   4,856 0 0
VGTEL INC COM COM 925543100 7 10,000 SH   SOLE   10,000 0 0
WALT DISNEY CO COM COM 254687106 12,558 156,843 SH   SOLE   139,113 0 17,730
WELLS FARGO & CO NEW COM COM 949746101 10,410 209,280 SH   SOLE   187,161 0 22,119
WEYERHAEUSER CO COM COM 962166104 10,969 373,734 SH   SOLE   330,868 0 42,866
WYNDHAM WORLDWIDE CORP COM COM 98310W108 8,245 112,588 SH   SOLE   102,381 0 10,207
COHEN & STEERS RT & PF COM COM 19247x100 210 12,338 SH   SOLE   12,338 0 0
LAZARD FDS INC EMERG MKT RETL MEUS 52106n764 3,603 189,019 SH   SOLE   189,019 0 0
LAZARD FDS INC EMKTS EQBL OPN MEUS 52106N418 577 53,281 SH   SOLE   53,281 0 0