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
AOL INC COM 00184X105 3,728 80,746 SH   SOLE   64,255 0 16,491
Bob Evans Farms Inc COM 096761101 6,056 118,325 SH   SOLE   96,625 0 21,700
BP PLC SPONSORED ADR 055622104 2,155 56,541 SH   SOLE   51,542 0 4,999
Brocade Communications Sys I COM NEW 111621306 3,657 308,900 SH   SOLE   256,700 0 52,200
Campbell Soup Co COM 134429109 6,503 147,796 SH   SOLE   119,635 0 28,161
Chevron Corp New COM 166764100 1,639 14,609 SH   SOLE   10,972 0 3,637
Cisco Sys Inc COM 17275R102 6,587 236,804 SH   SOLE   188,572 0 48,232
ConocoPhillips COM 20825c104 321 4,650 SH   SOLE   650 0 4,000
Consolidated Edison Inc COM 209115104 3,659 55,430 SH   SOLE   46,635 0 8,795
Duke Energy Corp New COM NEW 26441c204 562 6,722 SH   SOLE   6,556 0 166
eBay Inc COM 278642103 693 12,350 SH   SOLE   3,800 0 8,550
Eni S P A SPONSORED ADR 26874R108 1,214 34,782 SH   SOLE   30,342 0 4,440
Exxon Mobil Corp COM 30231G102 604 6,529 SH   SOLE   3,529 0 3,000
Ford Mtr Co Del COM PAR $0.01 345370860 4,790 309,055 SH   SOLE   237,555 0 71,500
Ingredion Inc COM 457187102 7,826 92,247 SH   SOLE   78,674 0 13,573
Johnson & Johnson COM 478160104 10,822 103,492 SH   SOLE   91,642 0 11,850
Kratos Defense & Sec Solutio COM NEW 50077B207 4,805 957,186 SH   SOLE   805,415 0 151,771
Marathon Oil Corp COM 565849106 4,753 168,000 SH   SOLE   143,329 0 24,671
Microsoft Corp COM 594918104 7,422 159,776 SH   SOLE   132,875 0 26,901
Molson Coors Brewing Co CL B 60871r209 10,211 137,030 SH   SOLE   117,750 0 19,280
Novartis A G SPONSORED ADR 66987v109 10,092 108,916 SH   SOLE   100,075 0 8,841
Orange SPONSORED ADR 684060106 6,986 412,900 SH   SOLE   373,500 0 39,400
Potash Corp Sask Inc COM 73755L107 5,812 164,560 SH   SOLE   151,355 0 13,205
Royal Dutch Shell Plc SPON ADR B 780259107 787 11,308 SH   SOLE   10,880 0 428
Royal Dutch Shell Plc SPON ADR A 780259206 4,643 69,344 SH   SOLE   63,114 0 6,230
Sanofi SPONSORED ADR 80105N105 6,569 144,020 SH   SOLE   131,425 0 12,595
SeaChange Intl Inc COM 811699107 3,973 622,652 SH   SOLE   500,720 0 121,932
Snyders-Lance Inc COM 833551104 5,444 178,191 SH   SOLE   141,671 0 36,520
Statoil ASA SPONSORED ADR 85771p102 2,791 158,507 SH   SOLE   147,080 0 11,427
SYMANTEC CORP COM 871503108 4,430 172,664 SH   SOLE   138,064 0 34,600
TeleCommunication Sys Inc CL A 87929j103 6,913 2,215,799 SH   SOLE   1,781,517 0 434,282
Total S A SPONSORED ADR 89151e109 3,738 73,015 SH   SOLE   67,450 0 5,565
Verifone Sys Inc COM 92342Y109 6,073 163,260 SH   SOLE   132,985 0 30,275
Vodafone Group PLC New SPONS ADR NO PAR 92857W308 6,956 203,582 SH   SOLE   184,163 0 19,419
Weight Watchers Intl Inc New COM 948626106 689 27,750 SH   SOLE   15,500 0 12,250
Wendys Co COM 95058w100 15,076 1,669,594 SH   SOLE   1,468,788 0 200,806