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		<nameOfIssuer>AARONS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>002535300</cusip>
		<value>1703</value>
		<shrsOrPrnAmt>
			<sshPrnamt>61480</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>61480</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ACE LTD</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>H0023R105</cusip>
		<value>1529</value>
		<shrsOrPrnAmt>
			<sshPrnamt>16344</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>16344</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ACTAVIS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>00507k103</cusip>
		<value>12983</value>
		<shrsOrPrnAmt>
			<sshPrnamt>90159</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>23859</Sole>
			<Shared>0</Shared>
			<None>66300</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AECOM TECH CORP.</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>00766T100</cusip>
		<value>1031</value>
		<shrsOrPrnAmt>
			<sshPrnamt>32959</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>32959</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AGRIUM INC COM</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>008916108</cusip>
		<value>9294</value>
		<shrsOrPrnAmt>
			<sshPrnamt>110609</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>23866</Sole>
			<Shared>0</Shared>
			<None>86743</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ALLIED WORLD ASSURANCE CO.</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>H01531104</cusip>
		<value>9168</value>
		<shrsOrPrnAmt>
			<sshPrnamt>92238</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>18238</Sole>
			<Shared>0</Shared>
			<None>74000</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AMDOCS LTD. </nameOfIssuer>
		<titleOfClass>ORD</titleOfClass>
		<cusip>G02602103</cusip>
		<value>8720</value>
		<shrsOrPrnAmt>
			<sshPrnamt>237987</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>15987</Sole>
			<Shared>0</Shared>
			<None>222000</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AMERICAN RAIL CAR INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>02916P103</cusip>
		<value>2717</value>
		<shrsOrPrnAmt>
			<sshPrnamt>69250</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>69250</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AMERICA'S CAR-MART INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>03062T105</cusip>
		<value>9037</value>
		<shrsOrPrnAmt>
			<sshPrnamt>200329</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>51044</Sole>
			<Shared>0</Shared>
			<None>149285</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ANN INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>035623107</cusip>
		<value>1766</value>
		<shrsOrPrnAmt>
			<sshPrnamt>48755</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>48755</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>APACHE CP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>037411105</cusip>
		<value>1274</value>
		<shrsOrPrnAmt>
			<sshPrnamt>14964</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>14964</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ARES CAPITAL CORPORATION</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>04010L103</cusip>
		<value>7354</value>
		<shrsOrPrnAmt>
			<sshPrnamt>425346</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>54846</Sole>
			<Shared>0</Shared>
			<None>370500</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ARROW ELECTRS INC COM</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>042735100</cusip>
		<value>12089</value>
		<shrsOrPrnAmt>
			<sshPrnamt>249105</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>67952</Sole>
			<Shared>0</Shared>
			<None>181153</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ATWOOD OCEANICS</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>050095108</cusip>
		<value>9340</value>
		<shrsOrPrnAmt>
			<sshPrnamt>169698</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>23698</Sole>
			<Shared>0</Shared>
			<None>146000</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AUTOMATIC DATA PROCESSING</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>053015103</cusip>
		<value>1394</value>
		<shrsOrPrnAmt>
			<sshPrnamt>19257</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>19257</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AVNET INC COM</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>053807103</cusip>
		<value>11894</value>
		<shrsOrPrnAmt>
			<sshPrnamt>285156</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>80384</Sole>
			<Shared>0</Shared>
			<None>204772</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BAXTER INTERNATIONAL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>071813109</cusip>
		<value>1188</value>
		<shrsOrPrnAmt>
			<sshPrnamt>18079</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>18079</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BED BATH AND BEYOND</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>075896100</cusip>
		<value>12278</value>
		<shrsOrPrnAmt>
			<sshPrnamt>158712</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>34012</Sole>
			<Shared>0</Shared>
			<None>124700</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BELDEN CDT</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>077454106</cusip>
		<value>9693</value>
		<shrsOrPrnAmt>
			<sshPrnamt>151342</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>18823</Sole>
			<Shared>0</Shared>
			<None>132519</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BERKSHIRE HATHAWAY INC CL B</nameOfIssuer>
		<titleOfClass>CL B NEW</titleOfClass>
		<cusip>084670702</cusip>
		<value>23148</value>
		<shrsOrPrnAmt>
			<sshPrnamt>203927</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>52452</Sole>
			<Shared>0</Shared>
			<None>151475</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BIOMEDICAL REALTY TRUST INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>09063H107</cusip>
		<value>6567</value>
		<shrsOrPrnAmt>
			<sshPrnamt>353260</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>87450</Sole>
			<Shared>0</Shared>
			<None>265810</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BONANZA CREEK ENERGY</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>097793103</cusip>
		<value>10143</value>
		<shrsOrPrnAmt>
			<sshPrnamt>210184</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>38748</Sole>
			<Shared>0</Shared>
			<None>171436</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CAMDEN NATIONAL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>133034108</cusip>
		<value>225</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5515</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>5515</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CBS</nameOfIssuer>
		<titleOfClass>NEW CL B</titleOfClass>
		<cusip>124857202</cusip>
		<value>13714</value>
		<shrsOrPrnAmt>
			<sshPrnamt>248619</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>62670</Sole>
			<Shared>0</Shared>
			<None>185949</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CENTER BANCORP, INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>151408101</cusip>
		<value>283</value>
		<shrsOrPrnAmt>
			<sshPrnamt>19887</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>19887</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CENTURY BANCORP</nameOfIssuer>
		<titleOfClass>CL A NON VTG</titleOfClass>
		<cusip>156432106</cusip>
		<value>285</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8546</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>8546</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CHECK POINT SOFTWARE</nameOfIssuer>
		<titleOfClass>ORD</titleOfClass>
		<cusip>M22465104</cusip>
		<value>12039</value>
		<shrsOrPrnAmt>
			<sshPrnamt>212846</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>57146</Sole>
			<Shared>0</Shared>
			<None>155700</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CHICAGO BRIDGE AND IRON CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>167250109</cusip>
		<value>12198</value>
		<shrsOrPrnAmt>
			<sshPrnamt>179995</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>37775</Sole>
			<Shared>0</Shared>
			<None>142220</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CISCO SYS INC COM</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>17275R102</cusip>
		<value>11389</value>
		<shrsOrPrnAmt>
			<sshPrnamt>486073</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>109473</Sole>
			<Shared>0</Shared>
			<None>376600</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>COMCAST CORP CL A SPL</nameOfIssuer>
		<titleOfClass>CL A SPL</titleOfClass>
		<cusip>20030n200</cusip>
		<value>12553</value>
		<shrsOrPrnAmt>
			<sshPrnamt>289571</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>72669</Sole>
			<Shared>0</Shared>
			<None>216902</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CULP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>230215105</cusip>
		<value>1660</value>
		<shrsOrPrnAmt>
			<sshPrnamt>88747</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>88747</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CURTISS-WRIGHT CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>231561101</cusip>
		<value>1418</value>
		<shrsOrPrnAmt>
			<sshPrnamt>30201</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>30201</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CVS CAREMARK </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>126650100</cusip>
		<value>10612</value>
		<shrsOrPrnAmt>
			<sshPrnamt>186987</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>38787</Sole>
			<Shared>0</Shared>
			<None>148200</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DEERE </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>244199105</cusip>
		<value>9581</value>
		<shrsOrPrnAmt>
			<sshPrnamt>117715</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>27215</Sole>
			<Shared>0</Shared>
			<None>90500</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DIAGEO</nameOfIssuer>
		<titleOfClass>SPON ADR NEW</titleOfClass>
		<cusip>25243Q205</cusip>
		<value>10135</value>
		<shrsOrPrnAmt>
			<sshPrnamt>79754</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>18009</Sole>
			<Shared>0</Shared>
			<None>61745</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DIGITAL REALTY TRUST</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
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		<value>6146</value>
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		<nameOfIssuer>DIRECTV CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>25490A309</cusip>
		<value>12302</value>
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			<sshPrnamt>205788</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<votingAuthority>
			<Sole>56288</Sole>
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			<None>149500</None>
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		<nameOfIssuer>DISNEY WALT CO COM</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>254687106</cusip>
		<value>11882</value>
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			<sshPrnamt>184239</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>44739</Sole>
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			<None>139500</None>
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		<nameOfIssuer>DOVER CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>260003108</cusip>
		<value>12058</value>
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			<sshPrnamt>134227</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>34568</Sole>
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			<None>99659</None>
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		<nameOfIssuer>EASTMAN CHEMICAL CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>277432100</cusip>
		<value>955</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12263</sshPrnamt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>12263</Sole>
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			<None>0</None>
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		<nameOfIssuer>EMC CORP </nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>268648102</cusip>
		<value>11197</value>
		<shrsOrPrnAmt>
			<sshPrnamt>438082</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>105692</Sole>
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			<None>332390</None>
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		<nameOfIssuer>ENSCO</nameOfIssuer>
		<titleOfClass>CLASS A</titleOfClass>
		<cusip>G3157S106</cusip>
		<value>9279</value>
		<shrsOrPrnAmt>
			<sshPrnamt>172641</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>41741</Sole>
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			<None>130900</None>
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		<nameOfIssuer>ENTERPRISE PRODUCT PARTNERS LP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>293792107</cusip>
		<value>9402</value>
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			<sshPrnamt>154029</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>22429</Sole>
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			<None>131600</None>
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		<nameOfIssuer>EVEREST RE</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>G3223R108</cusip>
		<value>10606</value>
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			<sshPrnamt>72936</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>18167</Sole>
			<Shared>0</Shared>
			<None>54769</None>
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		<nameOfIssuer>EXPRESS-SCRIPTS INC.</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>30219G108</cusip>
		<value>4656</value>
		<shrsOrPrnAmt>
			<sshPrnamt>75336</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>26016</Sole>
			<Shared>0</Shared>
			<None>49320</None>
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		<nameOfIssuer>EXXON MOBIL CORP COM</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>30231G102</cusip>
		<value>8394</value>
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			<sshPrnamt>97555</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>27655</Sole>
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			<None>69900</None>
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		<nameOfIssuer>FAMILY DOLLAR STORES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>307000109</cusip>
		<value>10513</value>
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			<sshPrnamt>145970</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<votingAuthority>
			<Sole>20423</Sole>
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			<None>125547</None>
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		<nameOfIssuer>FEDEX CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>31428X106</cusip>
		<value>12464</value>
		<shrsOrPrnAmt>
			<sshPrnamt>109232</sshPrnamt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<votingAuthority>
			<Sole>26393</Sole>
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			<None>82839</None>
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		<nameOfIssuer>FIRST REPUBLIC BANK</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>33616C100</cusip>
		<value>276</value>
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			<sshPrnamt>5910</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>5910</Sole>
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			<None>0</None>
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		<nameOfIssuer>FISERV INC.</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>337738108</cusip>
		<value>1704</value>
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			<sshPrnamt>16867</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>16867</Sole>
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			<None>0</None>
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		<nameOfIssuer>FLUOR</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>343412102</cusip>
		<value>8225</value>
		<shrsOrPrnAmt>
			<sshPrnamt>115905</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>4905</Sole>
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			<None>111000</None>
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		<nameOfIssuer>FOOT LOCKER INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>344849104</cusip>
		<value>10654</value>
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			<sshPrnamt>313919</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>82925</Sole>
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			<None>230994</None>
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		<nameOfIssuer>FRANKLIN STREET PROPERTIES</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>35471R106</cusip>
		<value>576</value>
		<shrsOrPrnAmt>
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			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>45205</Sole>
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			<None>0</None>
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		<nameOfIssuer>G-III APPAREL GROUP LTD.</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>36237H101</cusip>
		<value>9610</value>
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			<sshPrnamt>176033</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<votingAuthority>
			<Sole>15524</Sole>
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			<None>160509</None>
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		<nameOfIssuer>GOLDMAN SACHS</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>38141G104</cusip>
		<value>1890</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<votingAuthority>
			<Sole>11948</Sole>
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			<None>0</None>
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		<nameOfIssuer>GOLUB CAPITAL BDC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>38173M102</cusip>
		<value>1255</value>
		<shrsOrPrnAmt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
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		<nameOfIssuer>HOLLYFRONTIER CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>436106108</cusip>
		<value>250</value>
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			<sshPrnamt>5936</sshPrnamt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<votingAuthority>
			<Sole>5936</Sole>
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		<nameOfIssuer>HONEYWELL INTERNATIONAL INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>438516106</cusip>
		<value>10082</value>
		<shrsOrPrnAmt>
			<sshPrnamt>121415</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<votingAuthority>
			<Sole>18810</Sole>
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			<None>102605</None>
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		<nameOfIssuer>INGREDION INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>457187102</cusip>
		<value>10068</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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			<None>112000</None>
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		<nameOfIssuer>JABIL CIRCUIT INC.</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>466313103</cusip>
		<value>6724</value>
		<shrsOrPrnAmt>
			<sshPrnamt>310125</sshPrnamt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>56425</Sole>
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			<None>253700</None>
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		<nameOfIssuer>JOHNSON CTLS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>478366107</cusip>
		<value>8605</value>
		<shrsOrPrnAmt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
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			<None>180130</None>
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		<nameOfIssuer>LABORATORY CORP. OF AMERICA </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>50540R409</cusip>
		<value>822</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>LAM RESEARCH CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>512807108</cusip>
		<value>11759</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>LIBERTY INTERACTIVE</nameOfIssuer>
		<titleOfClass>COM SER A</titleOfClass>
		<cusip>53071M104</cusip>
		<value>12077</value>
		<shrsOrPrnAmt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
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		<nameOfIssuer>LTC PROPERTIES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>502175102</cusip>
		<value>6306</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<votingAuthority>
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		<nameOfIssuer>M AND T BANK</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>55261F104</cusip>
		<value>8485</value>
		<shrsOrPrnAmt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>MANITEX INTERNATIONAL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>563420108</cusip>
		<value>1423</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>MATTEL </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>577081102</cusip>
		<value>10405</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<votingAuthority>
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		<nameOfIssuer>MCKESSON</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>58155Q103</cusip>
		<value>10629</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>MEDICAL PROPERTIES TRUST</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>58463J304</cusip>
		<value>1584</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>MEDLEY CAPITAL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>58503F106</cusip>
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			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>21930</Sole>
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			<None>0</None>
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	<infoTable>
		<nameOfIssuer>MEDTRONIC INC COM</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>585055106</cusip>
		<value>756</value>
		<shrsOrPrnAmt>
			<sshPrnamt>14198</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>14198</Sole>
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			<None>0</None>
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		<nameOfIssuer>MEREDITH CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>589433101</cusip>
		<value>10838</value>
		<shrsOrPrnAmt>
			<sshPrnamt>227588</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>56118</Sole>
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			<None>171470</None>
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	<infoTable>
		<nameOfIssuer>METHANEX CORP.</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>59151K108</cusip>
		<value>11970</value>
		<shrsOrPrnAmt>
			<sshPrnamt>233464</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>56266</Sole>
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			<None>177198</None>
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		<nameOfIssuer>MYLAN</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>628530107</cusip>
		<value>13734</value>
		<shrsOrPrnAmt>
			<sshPrnamt>359799</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>92899</Sole>
			<Shared>0</Shared>
			<None>266900</None>
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	<infoTable>
		<nameOfIssuer>NEENAH PAPER</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>640079109</cusip>
		<value>1473</value>
		<shrsOrPrnAmt>
			<sshPrnamt>37473</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>37473</Sole>
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			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>NETGEAR INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>64111Q104</cusip>
		<value>407</value>
		<shrsOrPrnAmt>
			<sshPrnamt>13187</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>13187</Sole>
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			<None>0</None>
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	<infoTable>
		<nameOfIssuer>NIKE</nameOfIssuer>
		<titleOfClass>CL B</titleOfClass>
		<cusip>654106103</cusip>
		<value>1528</value>
		<shrsOrPrnAmt>
			<sshPrnamt>21032</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>21032</Sole>
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			<None>0</None>
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	<infoTable>
		<nameOfIssuer>NOBLE ENERGY</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>655044105</cusip>
		<value>2560</value>
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			<sshPrnamt>38199</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>38199</Sole>
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			<None>0</None>
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	<infoTable>
		<nameOfIssuer>OMEGA HEALTHCARE INVESTORS INC.</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>681936100</cusip>
		<value>6068</value>
		<shrsOrPrnAmt>
			<sshPrnamt>203141</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>27130</Sole>
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			<None>176011</None>
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	<infoTable>
		<nameOfIssuer>ORACLE</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>68389X105</cusip>
		<value>12132</value>
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			<sshPrnamt>365759</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>91261</Sole>
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			<None>274498</None>
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	<infoTable>
		<nameOfIssuer>ORIENT EXPRESS HOTELS</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>G67743107</cusip>
		<value>472</value>
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			<sshPrnamt>36385</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
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			<Sole>36385</Sole>
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	<infoTable>
		<nameOfIssuer>POTASH CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>73755L107</cusip>
		<value>5674</value>
		<shrsOrPrnAmt>
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			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>21463</Sole>
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			<None>159946</None>
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	<infoTable>
		<nameOfIssuer>PRECISION CASTPARTS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>740189105</cusip>
		<value>9841</value>
		<shrsOrPrnAmt>
			<sshPrnamt>43306</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>5597</Sole>
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			<None>37709</None>
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	<infoTable>
		<nameOfIssuer>PVH Corp</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>693656100</cusip>
		<value>10157</value>
		<shrsOrPrnAmt>
			<sshPrnamt>85572</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>16768</Sole>
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			<None>68804</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>QUALCOMM INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>747525103</cusip>
		<value>12433</value>
		<shrsOrPrnAmt>
			<sshPrnamt>184682</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>46611</Sole>
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			<None>138071</None>
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	<infoTable>
		<nameOfIssuer>RLJ LODGING TRUST</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>74965L101</cusip>
		<value>6657</value>
		<shrsOrPrnAmt>
			<sshPrnamt>283384</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>39784</Sole>
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			<None>243600</None>
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	<infoTable>
		<nameOfIssuer>ROGERS COMMUNICATION INC.</nameOfIssuer>
		<titleOfClass>CL B</titleOfClass>
		<cusip>775109200</cusip>
		<value>9120</value>
		<shrsOrPrnAmt>
			<sshPrnamt>212037</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<votingAuthority>
			<Sole>52227</Sole>
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	<infoTable>
		<nameOfIssuer>ROSS STORES INC COM</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>778296103</cusip>
		<value>12322</value>
		<shrsOrPrnAmt>
			<sshPrnamt>169265</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<otherManager>0</otherManager>
		<votingAuthority>
			<Sole>33665</Sole>
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			<None>135600</None>
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	<infoTable>
		<nameOfIssuer>ROYAL BANK OF CANADA</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>780087102</cusip>
		<value>10935</value>
		<shrsOrPrnAmt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>ROYAL DUTCH SHELL ADS</nameOfIssuer>
		<titleOfClass>SPONS ADR A</titleOfClass>
		<cusip>780259206</cusip>
		<value>216</value>
		<shrsOrPrnAmt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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	<infoTable>
		<nameOfIssuer>SANCHEZ ENERGY CORP.</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>79970Y105</cusip>
		<value>2253</value>
		<shrsOrPrnAmt>
			<sshPrnamt>85300</sshPrnamt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>SANDISK CORPORATION</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>80004C101</cusip>
		<value>10682</value>
		<shrsOrPrnAmt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>SIGNET JEWELERS</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G81276100</cusip>
		<value>9448</value>
		<shrsOrPrnAmt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<votingAuthority>
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		<nameOfIssuer>SKYWORKS SOLUTIONS</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>83088M102</cusip>
		<value>395</value>
		<shrsOrPrnAmt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>SNAP-ON INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>833034101</cusip>
		<value>282</value>
		<shrsOrPrnAmt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>SOVRAN SELF STORAGE COM</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>84610H108</cusip>
		<value>8130</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>STANLEY BLACK AND DECKER</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>854502101</cusip>
		<value>7084</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>SYNERGY RESOURCES INC.</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>87164P103</cusip>
		<value>665</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>TAUBMAN CENTERS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>876664103</cusip>
		<value>209</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>TENARIS</nameOfIssuer>
		<titleOfClass>SPONSORED ADR</titleOfClass>
		<cusip>88031M109</cusip>
		<value>9020</value>
		<shrsOrPrnAmt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>THE BUCKLE</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>118440106</cusip>
		<value>11580</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>THERMO FISHER SCIENTIFIC </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>883556102</cusip>
		<value>11635</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>TIME WARNER INC COM</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>887317303</cusip>
		<value>12304</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>TJX COMPANIES</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>872540109</cusip>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>TORONTO DOMINION</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>891160509</cusip>
		<value>11593</value>
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		<nameOfIssuer>TUPPERWARE BRANDS CORP</nameOfIssuer>
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		<nameOfIssuer>TYSON FOODS</nameOfIssuer>
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		<nameOfIssuer>UFP TECHNOLOGIES, INC</nameOfIssuer>
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		<nameOfIssuer>UNITED STATIONERS</nameOfIssuer>
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		<nameOfIssuer>US BANCORP DEL COM</nameOfIssuer>
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		<nameOfIssuer>VALERO ENERGY CORP</nameOfIssuer>
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		<nameOfIssuer>VF CORP</nameOfIssuer>
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		<nameOfIssuer>VIACOM INC CL B</nameOfIssuer>
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		<cusip>92553P201</cusip>
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		<nameOfIssuer>WELLS FARGO AND CO</nameOfIssuer>
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		<cusip>949746101</cusip>
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		<nameOfIssuer>WESCO INTERNATIONAL</nameOfIssuer>
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		<nameOfIssuer>WESTERN UNION CO.</nameOfIssuer>
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		<nameOfIssuer>WHITING PETROLEUM</nameOfIssuer>
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