<informationTable xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable">		<infoTable>
			<nameOfIssuer>ABBOTT LABORATORIES</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>002824100</cusip>
			<value>48385</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1203000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1203000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ABBOTT LABORATORIES</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>002824100</cusip>
			<value>16530</value>
			<shrsOrPrnAmt>
				<sshPrnamt>411000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>411000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ABBVIE INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>00287Y109</cusip>
			<value>91315</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1678281</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1678281</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ABBVIE INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>00287Y109</cusip>
			<value>22363</value>
			<shrsOrPrnAmt>
				<sshPrnamt>411000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>411000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ALLSTATE CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>020002101</cusip>
			<value>81676</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1402400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1402400</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ALLSTATE CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>020002101</cusip>
			<value>22283</value>
			<shrsOrPrnAmt>
				<sshPrnamt>382600</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>382600</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>AMERICAN INTERNATIONAL GROUP</nameOfIssuer>
			<titleOfClass>COM NEW</titleOfClass>
			<cusip>026874784</cusip>
			<value>54385</value>
			<shrsOrPrnAmt>
				<sshPrnamt>957140</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>957140</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>AMERICAN INTERNATIONAL GROUP</nameOfIssuer>
			<titleOfClass>COM NEW</titleOfClass>
			<cusip>026874784</cusip>
			<value>14961</value>
			<shrsOrPrnAmt>
				<sshPrnamt>263298</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>263298</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>AMERICAN VANGUARD CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>030371108</cusip>
			<value>520</value>
			<shrsOrPrnAmt>
				<sshPrnamt>45000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>45000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>AMERICAN VANGUARD CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>030371108</cusip>
			<value>10880</value>
			<shrsOrPrnAmt>
				<sshPrnamt>941165</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>941165</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>APPLIED INDUSTRIAL TECH INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>03820C105</cusip>
			<value>18788</value>
			<shrsOrPrnAmt>
				<sshPrnamt>492485</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>492485</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>APPLIED INDUSTRIAL TECH INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>03820C105</cusip>
			<value>33148</value>
			<shrsOrPrnAmt>
				<sshPrnamt>868874</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>868874</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ASTORIA FINANCIAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>046265104</cusip>
			<value>2455</value>
			<shrsOrPrnAmt>
				<sshPrnamt>152500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>152500</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>AVERY DENNISON CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>053611109</cusip>
			<value>103438</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1828500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1828500</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>AVERY DENNISON CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>053611109</cusip>
			<value>30610</value>
			<shrsOrPrnAmt>
				<sshPrnamt>541100</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>541100</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BAKER HUGHES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>057224107</cusip>
			<value>53778</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1033400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1033400</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BAKER HUGHES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>057224107</cusip>
			<value>10148</value>
			<shrsOrPrnAmt>
				<sshPrnamt>195000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>195000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BANK OF AMERICA CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>060505104</cusip>
			<value>24659</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1582760</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1582760</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BANK OF AMERICA CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>060505104</cusip>
			<value>8002</value>
			<shrsOrPrnAmt>
				<sshPrnamt>513600</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>513600</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BELDEN INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>077454106</cusip>
			<value>17658</value>
			<shrsOrPrnAmt>
				<sshPrnamt>378200</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>378200</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BELDEN INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>077454106</cusip>
			<value>13661</value>
			<shrsOrPrnAmt>
				<sshPrnamt>292585</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>292585</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BEMIS COMPANY</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>081437105</cusip>
			<value>69536</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1757300</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1757300</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BEMIS COMPANY</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>081437105</cusip>
			<value>17632</value>
			<shrsOrPrnAmt>
				<sshPrnamt>445600</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>445600</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BJ S RESTAURANTS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>09180C106</cusip>
			<value>7479</value>
			<shrsOrPrnAmt>
				<sshPrnamt>173803</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>173803</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BJ S RESTAURANTS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>09180C106</cusip>
			<value>28289</value>
			<shrsOrPrnAmt>
				<sshPrnamt>657427</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>657427</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BRINKER INTERNATIONAL INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>109641100</cusip>
			<value>35136</value>
			<shrsOrPrnAmt>
				<sshPrnamt>667100</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>667100</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BRINKER INTERNATIONAL INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>109641100</cusip>
			<value>10534</value>
			<shrsOrPrnAmt>
				<sshPrnamt>200000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>200000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BRISTOL MYERS SQUIBB CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>110122108</cusip>
			<value>115949</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1958600</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1958600</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BRISTOL MYERS SQUIBB CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>110122108</cusip>
			<value>43968</value>
			<shrsOrPrnAmt>
				<sshPrnamt>742700</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>742700</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BWX TECHNOLOGIES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>05605H100</cusip>
			<value>3535</value>
			<shrsOrPrnAmt>
				<sshPrnamt>134095</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>134095</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BWX TECHNOLOGIES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>05605H100</cusip>
			<value>7723</value>
			<shrsOrPrnAmt>
				<sshPrnamt>292966</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>292966</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CARDINAL FINANCIAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>14149F109</cusip>
			<value>12766</value>
			<shrsOrPrnAmt>
				<sshPrnamt>554800</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>554800</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CARDINAL FINANCIAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>14149F109</cusip>
			<value>24125</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1048441</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1048441</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CARLISLE COS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>142339100</cusip>
			<value>30679</value>
			<shrsOrPrnAmt>
				<sshPrnamt>351100</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>351100</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CARLISLE COS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>142339100</cusip>
			<value>10975</value>
			<shrsOrPrnAmt>
				<sshPrnamt>125600</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>125600</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CASS INFORMATION SYSTEMS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>14808P109</cusip>
			<value>2780</value>
			<shrsOrPrnAmt>
				<sshPrnamt>56580</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>56580</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CASS INFORMATION SYSTEMS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>14808P109</cusip>
			<value>5155</value>
			<shrsOrPrnAmt>
				<sshPrnamt>104921</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>104921</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CHEVRON CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>166764100</cusip>
			<value>75133</value>
			<shrsOrPrnAmt>
				<sshPrnamt>952500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>952500</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CHEVRON CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>166764100</cusip>
			<value>23743</value>
			<shrsOrPrnAmt>
				<sshPrnamt>301000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>301000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CHUBB CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>171232101</cusip>
			<value>114800</value>
			<shrsOrPrnAmt>
				<sshPrnamt>936000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>936000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CHUBB CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>171232101</cusip>
			<value>18152</value>
			<shrsOrPrnAmt>
				<sshPrnamt>148000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>148000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CIMAREX ENERGY CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>171798101</cusip>
			<value>22484</value>
			<shrsOrPrnAmt>
				<sshPrnamt>219400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>219400</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CIMAREX ENERGY CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>171798101</cusip>
			<value>6087</value>
			<shrsOrPrnAmt>
				<sshPrnamt>59400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>59400</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CISCO SYSTEMS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>17275R102</cusip>
			<value>116125</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4423816</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>4423816</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CISCO SYSTEMS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>17275R102</cusip>
			<value>36671</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1397000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1397000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CLARCOR INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>179895107</cusip>
			<value>11772</value>
			<shrsOrPrnAmt>
				<sshPrnamt>246900</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>246900</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CLARCOR INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>179895107</cusip>
			<value>4153</value>
			<shrsOrPrnAmt>
				<sshPrnamt>87100</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>87100</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CONOCOPHILLIPS</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>20825C104</cusip>
			<value>72559</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1512908</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1512908</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CONOCOPHILLIPS</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>20825C104</cusip>
			<value>22225</value>
			<shrsOrPrnAmt>
				<sshPrnamt>463400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>463400</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>COOPER TIRE + RUBBER</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>216831107</cusip>
			<value>83017</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2101162</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>2101162</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>COOPER TIRE + RUBBER</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>216831107</cusip>
			<value>56762</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1436650</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1436650</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CORE MARK HOLDING CO INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>218681104</cusip>
			<value>13250</value>
			<shrsOrPrnAmt>
				<sshPrnamt>202450</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>202450</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CORE MARK HOLDING CO INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>218681104</cusip>
			<value>24203</value>
			<shrsOrPrnAmt>
				<sshPrnamt>369796</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>369796</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>COVENANT TRANSPORT GRP CL A</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>22284P105</cusip>
			<value>5217</value>
			<shrsOrPrnAmt>
				<sshPrnamt>290300</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>290300</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CRACKER BARREL OLD COUNTRY</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>22410J106</cusip>
			<value>35259</value>
			<shrsOrPrnAmt>
				<sshPrnamt>239400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>239400</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CRACKER BARREL OLD COUNTRY</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>22410J106</cusip>
			<value>30960</value>
			<shrsOrPrnAmt>
				<sshPrnamt>210209</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>210209</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DEAN FOODS CO</nameOfIssuer>
			<titleOfClass>COM NEW</titleOfClass>
			<cusip>242370203</cusip>
			<value>13863</value>
			<shrsOrPrnAmt>
				<sshPrnamt>839149</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>839149</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DEAN FOODS CO</nameOfIssuer>
			<titleOfClass>COM NEW</titleOfClass>
			<cusip>242370203</cusip>
			<value>13826</value>
			<shrsOrPrnAmt>
				<sshPrnamt>836949</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>836949</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DILLARDS INC CL A</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>254067101</cusip>
			<value>77124</value>
			<shrsOrPrnAmt>
				<sshPrnamt>882523</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>882523</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DILLARDS INC CL A</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>254067101</cusip>
			<value>16622</value>
			<shrsOrPrnAmt>
				<sshPrnamt>190200</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>190200</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DOW CHEMICAL CO   W/D</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>260543103</cusip>
			<value>89354</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2107400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>2107400</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DOW CHEMICAL CO   W/D</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>260543103</cusip>
			<value>31117</value>
			<shrsOrPrnAmt>
				<sshPrnamt>733900</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>733900</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DYCOM INDUSTRIES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>267475101</cusip>
			<value>36644</value>
			<shrsOrPrnAmt>
				<sshPrnamt>506418</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>506418</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DYCOM INDUSTRIES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>267475101</cusip>
			<value>82150</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1135299</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1135299</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ENCORE CAPITAL GROUP INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>292554102</cusip>
			<value>12405</value>
			<shrsOrPrnAmt>
				<sshPrnamt>335270</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>335270</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ENCORE CAPITAL GROUP INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>292554102</cusip>
			<value>39638</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1071289</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1071289</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>FLOWSERVE CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>34354P105</cusip>
			<value>41047</value>
			<shrsOrPrnAmt>
				<sshPrnamt>997743</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>997743</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>FLOWSERVE CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>34354P105</cusip>
			<value>14045</value>
			<shrsOrPrnAmt>
				<sshPrnamt>341400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>341400</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>FRANCESCAS HOLDINGS CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>351793104</cusip>
			<value>5430</value>
			<shrsOrPrnAmt>
				<sshPrnamt>443957</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>443957</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>FRANCESCAS HOLDINGS CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>351793104</cusip>
			<value>22639</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1851106</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1851106</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>FRED S INC CLASS A</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>356108100</cusip>
			<value>6469</value>
			<shrsOrPrnAmt>
				<sshPrnamt>545886</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>545886</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>FRED S INC CLASS A</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>356108100</cusip>
			<value>19975</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1685683</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1685683</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>G III APPAREL GROUP LTD</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>36237H101</cusip>
			<value>1542</value>
			<shrsOrPrnAmt>
				<sshPrnamt>25000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>25000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>G III APPAREL GROUP LTD</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>36237H101</cusip>
			<value>7708</value>
			<shrsOrPrnAmt>
				<sshPrnamt>125000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>125000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GENERAL ELECTRIC CO   W/D</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>369604103</cusip>
			<value>109170</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4328700</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>4328700</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GENERAL ELECTRIC CO   W/D</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>369604103</cusip>
			<value>35674</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1414500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1414500</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GENUINE PARTS CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>372460105</cusip>
			<value>96646</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1165953</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1165953</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GENUINE PARTS CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>372460105</cusip>
			<value>26972</value>
			<shrsOrPrnAmt>
				<sshPrnamt>325400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>325400</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GLACIER BANCORP INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>37637Q105</cusip>
			<value>5866</value>
			<shrsOrPrnAmt>
				<sshPrnamt>222280</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>222280</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GLACIER BANCORP INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>37637Q105</cusip>
			<value>10662</value>
			<shrsOrPrnAmt>
				<sshPrnamt>404000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>404000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GLAXOSMITHKLINE PLC SPON ADR</nameOfIssuer>
			<titleOfClass>SPONSORED ADR</titleOfClass>
			<cusip>37733W105</cusip>
			<value>53215</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1384000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1384000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GLAXOSMITHKLINE PLC SPON ADR</nameOfIssuer>
			<titleOfClass>SPONSORED ADR</titleOfClass>
			<cusip>37733W105</cusip>
			<value>17687</value>
			<shrsOrPrnAmt>
				<sshPrnamt>460000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>460000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GORMAN RUPP CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>383082104</cusip>
			<value>7246</value>
			<shrsOrPrnAmt>
				<sshPrnamt>302312</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>302312</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GORMAN RUPP CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>383082104</cusip>
			<value>15455</value>
			<shrsOrPrnAmt>
				<sshPrnamt>644775</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>644775</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>HELMERICH + PAYNE</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>423452101</cusip>
			<value>19939</value>
			<shrsOrPrnAmt>
				<sshPrnamt>421900</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>421900</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>HELMERICH + PAYNE</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>423452101</cusip>
			<value>6853</value>
			<shrsOrPrnAmt>
				<sshPrnamt>145000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>145000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>HONEYWELL INTERNATIONAL INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>438516106</cusip>
			<value>74748</value>
			<shrsOrPrnAmt>
				<sshPrnamt>789400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>789400</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>HONEYWELL INTERNATIONAL INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>438516106</cusip>
			<value>27280</value>
			<shrsOrPrnAmt>
				<sshPrnamt>288100</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>288100</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>HUNTINGTON INGALLS INDUSTRIE</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>446413106</cusip>
			<value>21109</value>
			<shrsOrPrnAmt>
				<sshPrnamt>197000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>197000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>HUNTINGTON INGALLS INDUSTRIE</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>446413106</cusip>
			<value>16845</value>
			<shrsOrPrnAmt>
				<sshPrnamt>157208</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>157208</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>INTEL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>458140100</cusip>
			<value>112805</value>
			<shrsOrPrnAmt>
				<sshPrnamt>3742700</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>3742700</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>INTEL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>458140100</cusip>
			<value>36922</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1225000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1225000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ISHARES CORE 1 5 YEAR USD BOND</nameOfIssuer>
			<titleOfClass>CORE ST USDB ETF</titleOfClass>
			<cusip>46432F859</cusip>
			<value>2972</value>
			<shrsOrPrnAmt>
				<sshPrnamt>29621</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>29621</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ISHARES CORE S+P SMALL CAP ETF</nameOfIssuer>
			<titleOfClass>CORE S&amp;P SCP ETF</titleOfClass>
			<cusip>464287804</cusip>
			<value>24511</value>
			<shrsOrPrnAmt>
				<sshPrnamt>230000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>230000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ISHARES RUSSELL 2000 ETF</nameOfIssuer>
			<titleOfClass>RUSSELL 2000 ETF</titleOfClass>
			<cusip>464287655</cusip>
			<value>6552</value>
			<shrsOrPrnAmt>
				<sshPrnamt>60000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>60000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ISHARES RUSSELL 2000 VALUE ETF</nameOfIssuer>
			<titleOfClass>RUS 2000 VAL ETF</titleOfClass>
			<cusip>464287630</cusip>
			<value>26129</value>
			<shrsOrPrnAmt>
				<sshPrnamt>290000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>290000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>JM SMUCKER CO/THE</nameOfIssuer>
			<titleOfClass>COM NEW</titleOfClass>
			<cusip>832696405</cusip>
			<value>5705</value>
			<shrsOrPrnAmt>
				<sshPrnamt>50000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>50000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>JM SMUCKER CO/THE</nameOfIssuer>
			<titleOfClass>COM NEW</titleOfClass>
			<cusip>832696405</cusip>
			<value>21645</value>
			<shrsOrPrnAmt>
				<sshPrnamt>189721</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>189721</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>JPMORGAN CHASE + CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>46625H100</cusip>
			<value>104734</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1717800</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1717800</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>JPMORGAN CHASE + CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>46625H100</cusip>
			<value>32960</value>
			<shrsOrPrnAmt>
				<sshPrnamt>540600</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>540600</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>KNIGHT TRANSPORTATION INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>499064103</cusip>
			<value>12570</value>
			<shrsOrPrnAmt>
				<sshPrnamt>523750</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>523750</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>KNIGHT TRANSPORTATION INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>499064103</cusip>
			<value>33186</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1382732</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1382732</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>LEGG MASON INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>524901105</cusip>
			<value>4267</value>
			<shrsOrPrnAmt>
				<sshPrnamt>102555</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>102555</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>LEIDOS HOLDINGS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>525327102</cusip>
			<value>15348</value>
			<shrsOrPrnAmt>
				<sshPrnamt>371527</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>371527</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>LEIDOS HOLDINGS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>525327102</cusip>
			<value>6227</value>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>LIBBEY INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>529898108</cusip>
			<value>8690</value>
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				<sshPrnamt>266492</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
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				<Sole>266492</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>LIBBEY INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>529898108</cusip>
			<value>24266</value>
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				<sshPrnamt>744124</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>744124</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>MALLINCKRODT PLC</nameOfIssuer>
			<titleOfClass>SHS</titleOfClass>
			<cusip>G5785G107</cusip>
			<value>5418</value>
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				<sshPrnamt>84737</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>84737</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>MANITOWOC COMPANY INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>563571108</cusip>
			<value>21368</value>
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				<sshPrnamt>1424500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
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				<Sole>1424500</Sole>
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		<infoTable>
			<nameOfIssuer>MANITOWOC COMPANY INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>563571108</cusip>
			<value>11391</value>
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				<sshPrnamt>759400</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>759400</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>MANTECH INTERNATIONAL CORP A</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>564563104</cusip>
			<value>11097</value>
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				<sshPrnamt>431800</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>431800</Sole>
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		<infoTable>
			<nameOfIssuer>MANTECH INTERNATIONAL CORP A</nameOfIssuer>
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			<cusip>564563104</cusip>
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				<sshPrnamt>984370</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>984370</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>MARATHON OIL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>565849106</cusip>
			<value>35554</value>
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				<sshPrnamt>2308684</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>2308684</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>MARATHON OIL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>565849106</cusip>
			<value>10504</value>
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				<sshPrnamt>682100</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
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			<votingAuthority>
				<Sole>682100</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>MARATHON PETROLEUM CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>56585A102</cusip>
			<value>57560</value>
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				<sshPrnamt>1242384</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1242384</Sole>
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		<infoTable>
			<nameOfIssuer>MARATHON PETROLEUM CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>56585A102</cusip>
			<value>17930</value>
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				<sshPrnamt>387000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>387000</Sole>
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		<infoTable>
			<nameOfIssuer>MEDTRONIC PLC</nameOfIssuer>
			<titleOfClass>SHS</titleOfClass>
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				<sshPrnamt>1158072</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
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				<Sole>1158072</Sole>
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		<infoTable>
			<nameOfIssuer>MEDTRONIC PLC</nameOfIssuer>
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				<sshPrnamt>204631</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>204631</Sole>
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		<infoTable>
			<nameOfIssuer>MERCK + CO. INC.</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>58933Y105</cusip>
			<value>33681</value>
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				<sshPrnamt>681946</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>681946</Sole>
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				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>MERCK + CO. INC.</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>58933Y105</cusip>
			<value>10225</value>
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				<sshPrnamt>207034</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
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				<Sole>207034</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>METTLER TOLEDO INTERNATIONAL</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>592688105</cusip>
			<value>18745</value>
			<shrsOrPrnAmt>
				<sshPrnamt>65832</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>65832</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>METTLER TOLEDO INTERNATIONAL</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>592688105</cusip>
			<value>6464</value>
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				<sshPrnamt>22700</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>22700</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>MIDDLEBURG FINANCIAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>596094102</cusip>
			<value>3275</value>
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				<sshPrnamt>186100</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>186100</Sole>
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		</infoTable>
		<infoTable>
			<nameOfIssuer>MIDDLEBURG FINANCIAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
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			<value>1837</value>
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				<sshPrnamt>104400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>104400</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>MYERS INDUSTRIES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>628464109</cusip>
			<value>2218</value>
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				<sshPrnamt>165539</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>165539</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>MYERS INDUSTRIES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>628464109</cusip>
			<value>14143</value>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>1055473</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>NATIONAL BANKSHARES INC/VA</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>634865109</cusip>
			<value>4617</value>
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				<sshPrnamt>148400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>148400</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>NATIONAL BANKSHARES INC/VA</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>634865109</cusip>
			<value>13959</value>
			<shrsOrPrnAmt>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>448702</Sole>
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		<infoTable>
			<nameOfIssuer>NATL PENN BCSHS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>637138108</cusip>
			<value>4397</value>
			<shrsOrPrnAmt>
				<sshPrnamt>374249</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>374249</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>NATL PENN BCSHS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>637138108</cusip>
			<value>27918</value>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
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				<Sole>2376015</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>NEUSTAR INC CLASS A</nameOfIssuer>
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			<cusip>64126X201</cusip>
			<value>5284</value>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>194200</Sole>
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		<infoTable>
			<nameOfIssuer>NEUSTAR INC CLASS A</nameOfIssuer>
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			<cusip>64126X201</cusip>
			<value>15102</value>
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			<investmentDiscretion>DFND</investmentDiscretion>
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		<infoTable>
			<nameOfIssuer>ORION MARINE GROUP INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>68628V308</cusip>
			<value>1892</value>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>316342</Sole>
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		</infoTable>
		<infoTable>
			<nameOfIssuer>ORION MARINE GROUP INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>68628V308</cusip>
			<value>10966</value>
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				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
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				<Sole>1833794</Sole>
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				<None>0</None>
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		</infoTable>
		<infoTable>
			<nameOfIssuer>PARKER HANNIFIN CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>701094104</cusip>
			<value>77751</value>
			<shrsOrPrnAmt>
				<sshPrnamt>799081</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>799081</Sole>
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				<None>0</None>
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		</infoTable>
		<infoTable>
			<nameOfIssuer>PARKER HANNIFIN CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>701094104</cusip>
			<value>24948</value>
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				<sshPrnamt>256400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
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				<Sole>256400</Sole>
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				<None>0</None>
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		</infoTable>
		<infoTable>
			<nameOfIssuer>PFIZER INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>717081103</cusip>
			<value>93727</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2984000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>2984000</Sole>
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				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PFIZER INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>717081103</cusip>
			<value>35525</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1131000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1131000</Sole>
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				<None>0</None>
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		</infoTable>
		<infoTable>
			<nameOfIssuer>PHILLIPS 66</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>718546104</cusip>
			<value>48298</value>
			<shrsOrPrnAmt>
				<sshPrnamt>628550</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>628550</Sole>
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				<None>0</None>
			</votingAuthority>
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		<infoTable>
			<nameOfIssuer>PHILLIPS 66</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>718546104</cusip>
			<value>12832</value>
			<shrsOrPrnAmt>
				<sshPrnamt>167000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>167000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>POLYONE CORPORATION</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>73179P106</cusip>
			<value>13939</value>
			<shrsOrPrnAmt>
				<sshPrnamt>475100</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>475100</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
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		<infoTable>
			<nameOfIssuer>POLYONE CORPORATION</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>73179P106</cusip>
			<value>19922</value>
			<shrsOrPrnAmt>
				<sshPrnamt>679000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>679000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PRIMORIS SERVICES CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>74164F103</cusip>
			<value>8228</value>
			<shrsOrPrnAmt>
				<sshPrnamt>459400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>459400</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
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		<infoTable>
			<nameOfIssuer>PRIMORIS SERVICES CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>74164F103</cusip>
			<value>19565</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1092400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
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				<Sole>1092400</Sole>
				<Shared>0</Shared>
				<None>0</None>
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		<infoTable>
			<nameOfIssuer>QEP RESOURCES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>74733V100</cusip>
			<value>21195</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1691510</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1691510</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>QEP RESOURCES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>74733V100</cusip>
			<value>7047</value>
			<shrsOrPrnAmt>
				<sshPrnamt>562400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>562400</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
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		<infoTable>
			<nameOfIssuer>QUESTAR CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>748356102</cusip>
			<value>8275</value>
			<shrsOrPrnAmt>
				<sshPrnamt>426302</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>426302</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>QUESTAR CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>748356102</cusip>
			<value>3296</value>
			<shrsOrPrnAmt>
				<sshPrnamt>169814</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>169814</Sole>
				<Shared>0</Shared>
				<None>0</None>
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		<infoTable>
			<nameOfIssuer>RADIANT LOGISTICS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>75025X100</cusip>
			<value>5880</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1318400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1318400</Sole>
				<Shared>0</Shared>
				<None>0</None>
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		<infoTable>
			<nameOfIssuer>REGAL BELOIT CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>758750103</cusip>
			<value>7276</value>
			<shrsOrPrnAmt>
				<sshPrnamt>128900</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>128900</Sole>
				<Shared>0</Shared>
				<None>0</None>
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		<infoTable>
			<nameOfIssuer>REGAL BELOIT CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>758750103</cusip>
			<value>3302</value>
			<shrsOrPrnAmt>
				<sshPrnamt>58500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>58500</Sole>
				<Shared>0</Shared>
				<None>0</None>
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		<infoTable>
			<nameOfIssuer>RENTRAK CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>760174102</cusip>
			<value>7610</value>
			<shrsOrPrnAmt>
				<sshPrnamt>140740</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>140740</Sole>
				<Shared>0</Shared>
				<None>0</None>
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		</infoTable>
		<infoTable>
			<nameOfIssuer>RENTRAK CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>760174102</cusip>
			<value>27546</value>
			<shrsOrPrnAmt>
				<sshPrnamt>509446</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>509446</Sole>
				<Shared>0</Shared>
				<None>0</None>
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		<infoTable>
			<nameOfIssuer>ROFIN SINAR TECHNOLOGIES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>775043102</cusip>
			<value>15979</value>
			<shrsOrPrnAmt>
				<sshPrnamt>616219</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>616219</Sole>
				<Shared>0</Shared>
				<None>0</None>
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		</infoTable>
		<infoTable>
			<nameOfIssuer>ROFIN SINAR TECHNOLOGIES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>775043102</cusip>
			<value>31388</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1210473</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1210473</Sole>
				<Shared>0</Shared>
				<None>0</None>
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		<infoTable>
			<nameOfIssuer>ROWAN COMPANIES PLC A</nameOfIssuer>
			<titleOfClass>SHS CL A</titleOfClass>
			<cusip>G7665A101</cusip>
			<value>2826</value>
			<shrsOrPrnAmt>
				<sshPrnamt>175000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>175000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SALLY BEAUTY HOLDINGS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>79546E104</cusip>
			<value>4961</value>
			<shrsOrPrnAmt>
				<sshPrnamt>208900</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>208900</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SALLY BEAUTY HOLDINGS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>79546E104</cusip>
			<value>2708</value>
			<shrsOrPrnAmt>
				<sshPrnamt>114000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>114000</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SCIENCE APPLICATIONS INTE</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>808625107</cusip>
			<value>4459</value>
			<shrsOrPrnAmt>
				<sshPrnamt>110901</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>110901</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SCIENCE APPLICATIONS INTE</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>808625107</cusip>
			<value>2660</value>
			<shrsOrPrnAmt>
				<sshPrnamt>66142</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>66142</Sole>
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				<None>0</None>
			</votingAuthority>
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		<infoTable>
			<nameOfIssuer>SEAGATE TECHNOLOGY</nameOfIssuer>
			<titleOfClass>SHS</titleOfClass>
			<cusip>G7945M107</cusip>
			<value>33376</value>
			<shrsOrPrnAmt>
				<sshPrnamt>745000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>745000</Sole>
				<Shared>0</Shared>
				<None>0</None>
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		</infoTable>
		<infoTable>
			<nameOfIssuer>SM ENERGY CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>78454L100</cusip>
			<value>6716</value>
			<shrsOrPrnAmt>
				<sshPrnamt>209600</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>209600</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>SOUTHWEST AIRLINES CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>844741108</cusip>
			<value>83153</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2185923</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>2185923</Sole>
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				<None>0</None>
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		</infoTable>
		<infoTable>
			<nameOfIssuer>SOUTHWEST AIRLINES CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>844741108</cusip>
			<value>32794</value>
			<shrsOrPrnAmt>
				<sshPrnamt>862100</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>862100</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>SPDR S+P 500 ETF TRUST</nameOfIssuer>
			<titleOfClass>TR UNIT</titleOfClass>
			<cusip>78462F103</cusip>
			<value>4197</value>
			<shrsOrPrnAmt>
				<sshPrnamt>21902</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>21902</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>STANDEX INTERNATIONAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>854231107</cusip>
			<value>24511</value>
			<shrsOrPrnAmt>
				<sshPrnamt>325300</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>325300</Sole>
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				<None>0</None>
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		</infoTable>
		<infoTable>
			<nameOfIssuer>STANDEX INTERNATIONAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>854231107</cusip>
			<value>18281</value>
			<shrsOrPrnAmt>
				<sshPrnamt>242615</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>242615</Sole>
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				<None>0</None>
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		</infoTable>
		<infoTable>
			<nameOfIssuer>STATE BANK FINANCIAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>856190103</cusip>
			<value>4418</value>
			<shrsOrPrnAmt>
				<sshPrnamt>213650</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>213650</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>STATE BANK FINANCIAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>856190103</cusip>
			<value>25362</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1226400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
			<votingAuthority>
				<Sole>1226400</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>STERIS CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>859152100</cusip>
			<value>32323</value>
			<shrsOrPrnAmt>
				<sshPrnamt>497500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>497500</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>STERIS CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>859152100</cusip>
			<value>22227</value>
			<shrsOrPrnAmt>
				<sshPrnamt>342112</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
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				<Sole>342112</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>TE CONNECTIVITY LTD</nameOfIssuer>
			<titleOfClass>REG SHS</titleOfClass>
			<cusip>H84989104</cusip>
			<value>68284</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1140150</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>1140150</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>TE CONNECTIVITY LTD</nameOfIssuer>
			<titleOfClass>REG SHS</titleOfClass>
			<cusip>H84989104</cusip>
			<value>16455</value>
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				<sshPrnamt>274750</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>1</otherManager>
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				<Sole>274750</Sole>
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		<infoTable>
			<nameOfIssuer>TEXAS CAPITAL BANCSHARES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>88224Q107</cusip>
			<value>2647</value>
			<shrsOrPrnAmt>
				<sshPrnamt>50500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
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				<Sole>50500</Sole>
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			<nameOfIssuer>TEXAS CAPITAL BANCSHARES INC</nameOfIssuer>
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				<sshPrnamt>513417</sshPrnamt>
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				<Sole>513417</Sole>
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		<infoTable>
			<nameOfIssuer>TRIUMPH GROUP INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>896818101</cusip>
			<value>14871</value>
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				<sshPrnamt>353400</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
			<votingAuthority>
				<Sole>353400</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>TRIUMPH GROUP INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>896818101</cusip>
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				<sshPrnamt>136800</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>136800</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>TYCO INTERNATIONAL PLC</nameOfIssuer>
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				<sshPrnamt>505953</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>505953</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>TYCO INTERNATIONAL PLC</nameOfIssuer>
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			<cusip>G91442106</cusip>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>UMB FINANCIAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
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				<sshPrnamt>89436</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
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			<votingAuthority>
				<Sole>89436</Sole>
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		<infoTable>
			<nameOfIssuer>UMB FINANCIAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>902788108</cusip>
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				<sshPrnamt>343244</sshPrnamt>
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		<infoTable>
			<nameOfIssuer>UNITED NATURAL FOODS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>911163103</cusip>
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				<sshPrnamt>338800</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>UNITED NATURAL FOODS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>911163103</cusip>
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				<sshPrnamt>349272</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>VALLEY NATIONAL BANCORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>919794107</cusip>
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				<sshPrnamt>889274</sshPrnamt>
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			<investmentDiscretion>DFND</investmentDiscretion>
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			<votingAuthority>
				<Sole>889274</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>VALLEY NATIONAL BANCORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>919794107</cusip>
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		<infoTable>
			<nameOfIssuer>VISA INC CLASS A SHARES</nameOfIssuer>
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			<cusip>92826C839</cusip>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>315000</Sole>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>VISA INC CLASS A SHARES</nameOfIssuer>
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			<cusip>92826C839</cusip>
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			<shrsOrPrnAmt>
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		<infoTable>
			<nameOfIssuer>WELLS FARGO + CO</nameOfIssuer>
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			<cusip>949746101</cusip>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>1094789</Sole>
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		<infoTable>
			<nameOfIssuer>WELLS FARGO + CO</nameOfIssuer>
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			<cusip>949746101</cusip>
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			<shrsOrPrnAmt>
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			<investmentDiscretion>DFND</investmentDiscretion>
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		<infoTable>
			<nameOfIssuer>WENDY S CO/THE</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>95058W100</cusip>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>1478740</Sole>
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		<infoTable>
			<nameOfIssuer>WENDY S CO/THE</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>95058W100</cusip>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<None>0</None>
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		<infoTable>
			<nameOfIssuer>WERNER ENTERPRISES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>950755108</cusip>
			<value>14436</value>
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			<investmentDiscretion>DFND</investmentDiscretion>
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		<infoTable>
			<nameOfIssuer>WERNER ENTERPRISES INC</nameOfIssuer>
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			<cusip>950755108</cusip>
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		<infoTable>
			<nameOfIssuer>WESTERN DIGITAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
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			<investmentDiscretion>DFND</investmentDiscretion>
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				<Sole>668400</Sole>
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				<None>0</None>
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		</infoTable>
		<infoTable>
			<nameOfIssuer>WESTERN DIGITAL CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>958102105</cusip>
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			<investmentDiscretion>DFND</investmentDiscretion>
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		<infoTable>
			<nameOfIssuer>WESTLAKE CHEMICAL CORP</nameOfIssuer>
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				<Sole>629800</Sole>
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		<infoTable>
			<nameOfIssuer>WESTLAKE CHEMICAL CORP</nameOfIssuer>
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			<investmentDiscretion>DFND</investmentDiscretion>
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		<infoTable>
			<nameOfIssuer>WHITEWAVE FOODS CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
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			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>n/a</otherManager>
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				<Sole>286953</Sole>
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		<infoTable>
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			<investmentDiscretion>DFND</investmentDiscretion>
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</informationTable>
