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
AEROJET ROCKETDYNE HOLDINGS IN COM 007800105 21,166 756,724 SH   SOLE   678,555 0 78,169
ALTRIA GROUP INC COM COM 02209s103 436 6,989 SH   SOLE   6,989 0 0
AMERICAN AIRLS GRP INC COM COM 02376r102 9,128 175,668 SH   SOLE   156,545 0 19,123
AMERICAN EXPRESS CO COM COM 025816109 5,251 56,291 SH   SOLE   50,971 0 5,320
AMGEN INC COM COM 031162100 4,674 27,417 SH   SOLE   24,417 0 3,000
APPLE COMPUTER COM 037833100 16,387 97,668 SH   SOLE   88,564 0 9,104
ASPEN INSURANCE HOLDINGS LTD COM g05384105 7,284 162,409 SH   SOLE   143,451 0 18,958
BEAZER HOMES USA INC COM NEW COM 07556Q881 8,180 512,857 SH   SOLE   436,334 0 76,523
BERKSHIRE HATHAWAY INC CL B COM 084670702 536 2,687 SH   SOLE   2,687 0 0
BIG LOTS INC COM COM 089302103 2,638 60,592 SH   SOLE   60,592 0 0
BIO-RAD LABORATORIES COM 090572207 6,990 27,951 SH   SOLE   24,279 0 3,672
BOEING COM 097023105 311 950 SH   SOLE   950 0 0
BP PLC SPONSORED ADR COM 055622104 381 9,398 SH   SOLE   9,398 0 0
BRAVO BRIO RESTAURANT COM COM 10567b109 134 33,380 SH   SOLE   33,380 0 0
BRISTOL-MYERS SQUIBB CO COM COM 110122108 355 5,606 SH   SOLE   5,606 0 0
BRISTOW GROUP INC COM 110394103 133 10,215 SH   SOLE   10,215 0 0
CATERPILLAR INC DEL COM COM 149123101 491 3,330 SH   SOLE   3,330 0 0
CHEVRON CORP NEW COM COM 166764100 1,698 14,889 SH   SOLE   14,889 0 0
CISCO SYS INC COM COM 17275R102 8,719 203,288 SH   SOLE   183,725 0 19,563
COHEN & STEERS INC COM COM 19247A100 9,705 238,687 SH   SOLE   213,504 0 25,183
COLGATE PALMOLIVE CO COM COM 194162103 344 4,800 SH   SOLE   4,800 0 0
COMCAST CORP COM CL A COM 20030N101 11,366 332,635 SH   SOLE   296,184 0 36,451
DDR CORP COM COM 23317h102 79 10,715 SH   SOLE   10,715 0 0
DELL TECHNOLOGIES INC COM CL V COM 24703l103 6,376 87,095 SH   SOLE   77,516 0 9,579
EOG RES INC COM COM 26875P101 7,952 75,535 SH   SOLE   68,291 0 7,244
ESTEE LAUDER COS INC COM COM 518439104 12,127 80,999 SH   SOLE   71,773 0 9,226
EXXON CORP COM COM 30231G102 804 10,781 SH   SOLE   10,781 0 0
FEC RESOURCES INC COM COM 30246x108 2 170,600 SH   SOLE   170,600 0 0
FOREST CITY ENTERPRISES INC CO COM 345605109 10,147 500,844 SH   SOLE   443,450 0 57,394
FOSSIL GROUP COM 34988V106 4,349 342,455 SH   SOLE   301,455 0 41,000
FRANKLIN RES INC COM COM 354613101 3,559 102,621 SH   SOLE   90,331 0 12,290
GATX CORP COM COM 361448103 8,492 123,991 SH   SOLE   111,253 0 12,738
GENERAL ELEC CO COM COM 369604103 4,104 304,451 SH   SOLE   262,708 0 41,743
HAWAIIAN HOLDINGS INC COM COM 419879101 265 6,855 SH   SOLE   6,855 0 0
HP INC COM 40434L105 6,503 296,669 SH   SOLE   269,834 0 26,835
HUDSON PACIFIC PROPERTIES COM 444097109 3,925 120,648 SH   SOLE   85,648 0 35,000
HYSTER YALE MATLS HAND CL A COM 449172105 7,093 101,428 SH   SOLE   87,131 0 14,297
INNOVEST GLOBAL INC COM COM 45781q102 3 10,000 SH   SOLE   10,000 0 0
INTEL CORP COM COM 458140100 13,725 263,544 SH   SOLE   225,553 0 37,991
INTERNATIONAL BUS MACH COM COM 459200101 277 1,805 SH   SOLE   1,805 0 0
J P MORGAN CHASE & CO COM COM 46625H100 12,448 113,193 SH   SOLE   99,631 0 13,562
JOHNSON & JOHNSON COM COM 478160104 8,113 63,312 SH   SOLE   56,841 0 6,471
KAISER ALUMINUM CORP COM PAR $ COM 483007704 10,702 106,062 SH   SOLE   93,512 0 12,550
KIMBERLY CLARK CORP COM COM 494368103 378 3,431 SH   SOLE   3,431 0 0
KLX INC. COM 482539103 12,662 178,187 SH   SOLE   154,801 0 23,386
LILLY ELI & CO COM COM 532457108 5,216 67,412 SH   SOLE   60,358 0 7,054
LKQ CORP COM COM 501889208 12,590 331,756 SH   SOLE   288,781 0 42,975
LOEWS CORP COM COM 540424108 2,429 48,844 SH   SOLE   48,844 0 0
LULULEMON ATHLETICA IN COM COM 550021109 9,944 111,575 SH   SOLE   95,525 0 16,050
MAGELLAN MIDSTREAM PRT COM UNI COM 559080106 276 4,730 SH   SOLE   4,730 0 0
MARCHEX INC CL B COM 56624r108 2,920 1,069,438 SH   SOLE   932,744 0 136,694
MERCK & CO INC NEW COM COM 58933Y105 7,503 137,750 SH   SOLE   120,479 0 17,271
MOELIS & COMPANY COM 60786M105 10,366 203,861 SH   SOLE   178,111 0 25,750
MONDELEZ INTL INC COM 609207105 238 5,696 SH   SOLE   5,696 0 0
NEWFIELD EXPL CO COM COM 651290108 3,871 158,499 SH   SOLE   132,580 0 25,919
NOBILIS HEALTH CORP COM 65500B103 1,211 734,173 SH   SOLE   654,173 0 80,000
NORDSON CORP COM COM 655663102 14,606 107,131 SH   SOLE   96,290 0 10,841
NORDSTROM INC COM COM 655664100 5,802 119,849 SH   SOLE   106,658 0 13,191
NORWEGIAN CRUISE LINE HOLDINGS COM G66721104 7,252 136,905 SH   SOLE   121,007 0 15,898
NOVAPET PRODUCTS INC COM COM 669875106 0 12,000 SH   SOLE   12,000 0 0
OMNOVA SOLUTIONS INC COM COM 682129101 11,054 1,052,808 SH   SOLE   945,922 0 106,886
ORACLE CORP COM COM 68389X105 9,513 207,926 SH   SOLE   184,322 0 23,604
PFIZER INC COM COM 717081103 678 19,111 SH   SOLE   19,111 0 0
PHILIP MORRIS INTL INC COM COM 718172109 1,202 12,088 SH   SOLE   12,088 0 0
PROCTER & GAMBLE CO COM COM 742718109 329 4,145 SH   SOLE   4,145 0 0
PROGRESSIVE CORP OHIO COM COM 743315103 1,423 23,350 SH   SOLE   23,350 0 0
PULTE GROUP INC COM COM 745867101 18,774 636,616 SH   SOLE   566,001 0 70,615
RPM INC OHIO COM COM 749685103 368 7,722 SH   SOLE   7,722 0 0
SCHLUMBERGER LTD COM COM 806857108 6,877 106,161 SH   SOLE   93,116 0 13,045
SCHWAB CHARLES CORP NEW COM COM 808513105 18,282 350,105 SH   SOLE   303,914 0 46,191
SIMON PPTY GROUP NEW COM COM 828806109 7,838 50,780 SH   SOLE   45,166 0 5,614
SKYWORKS SOLUTIONS INC COM COM 83088m102 13,612 135,770 SH   SOLE   118,406 0 17,364
STARBUCKS CORP COM COM 855244109 799 13,809 SH   SOLE   13,809 0 0
STEM CELL AUTH LTD COM 85857c108 0 10,000 SH   SOLE   10,000 0 0
SVB FINL GROUP COM COM 78486q101 11,781 49,085 SH   SOLE   41,520 0 7,565
TENET HEALTHCARE CORP COM COM 88033g407 5,777 238,227 SH   SOLE   203,762 0 34,465
TERADYNE INC COM COM 880770102 14,225 311,191 SH   SOLE   270,506 0 40,685
TETRA TECH INC NEW COM COM 88162G103 8,166 166,831 SH   SOLE   152,504 0 14,327
TIME WARNER INC COM COM 887317303 5,582 59,020 SH   SOLE   52,619 0 6,401
TRANSOCEAN INC COM COM H8817H100 1,263 127,611 SH   SOLE   117,009 0 10,602
UNITED NAT FOOD INC COM COM 911163103 8,646 201,359 SH   SOLE   174,606 0 26,753
UNITED TECHNOLOGIES COM 913017109 207 1,648 SH   SOLE   1,648 0 0
VERIZON COMMUNICATIONS COM COM 92343V104 213 4,458 SH   SOLE   4,458 0 0
VISA INC COM CL A COM 92826c839 305 2,550 SH   SOLE   2,550 0 0
WALT DISNEY CO COM COM 254687106 7,609 75,758 SH   SOLE   66,595 0 9,163
WELLS FARGO & CO NEW COM COM 949746101 8,097 154,488 SH   SOLE   135,339 0 19,149
WEYERHAEUSER CO COM COM 962166104 9,649 275,696 SH   SOLE   243,976 0 31,720
WYNDHAM WORLDWIDE CORP COM COM 98310W108 8,949 78,202 SH   SOLE   69,835 0 8,367
LAZARD EMERGING MARKETS EQUITY MEUS 52106N392 530 40,858 SH   SOLE   40,858 0 0
LAZARD FDS INC EMERG MKT RETL MEUS 52106n764 2,717 129,376 SH   SOLE   129,376 0 0
LAZARD FDS INC EMKTS EQBL OPN MEUS 52106N418 1,264 97,418 SH   SOLE   97,418 0 0