The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACCO BRANDS CORP cs 00081T108 7,067 787,025 SH   SOLE   636,420 0 150,605
ADTRAN INC cs 00738A106 526 26,000 SH   SOLE   26,000 0 0
ADVANCED ENERGY INDS INC cs 007973100 5,639 162,086 SH   SOLE   130,691 0 31,395
AFLAC INC. cs 001055102 2,334 36,972 SH   SOLE   36,972 0 0
ALCOA INC cs 013817101 6,006 626,921 SH   SOLE   626,091 0 830
ALPHA & OMEGA SEMICONDUCTOR cs G6331P104 474 40,000 SH   SOLE   40,000 0 0
ASSURED GUARANTY LTD cs G0585R106 2,734 108,057 SH   SOLE   61,817 0 46,240
BEBE STORES INC cs 075571109 150 272,935 SH   SOLE   204,525 0 68,410
BLACKBERRY LTD cs 09228F103 2,902 358,665 SH   SOLE   196,585 0 162,080
BROCADE COMMUNICATIONS SYS cs 111621306 3,522 332,856 SH   SOLE   332,856 0 0
CA INC cs 12673P105 3,080 100,028 SH   SOLE   59,428 0 40,600
CALLAWAY GOLF CO cs 131193104 2,052 224,978 SH   SOLE   224,978 0 0
CARLSBERG AS SPONSORED ADR cs 142795202 20,559 1,071,359 SH   SOLE   1,071,359 0 0
CARNIVAL CORP cs 143658300 11,090 210,158 SH   SOLE   181,053 0 29,105
CEDAR REALTY TRUST INC cs 150602209 6,631 917,100 SH   SOLE   705,255 0 211,845
CHEVRON CORPORATION cs 166764100 665 6,970 SH   SOLE   5,795 0 1,175
CHINA AUTOMOTIVE SYSTEMS INC cs 16936R105 3,681 793,341 SH   SOLE   614,466 0 178,875
CHRISTOPHER & BANKS CORP cs 171046105 3,241 1,356,241 SH   SOLE   1,120,146 0 236,095
CLIFFS NATURAL RESOURCES INC cs 18683K101 429 143,000 SH   SOLE   143,000 0 0
CORNING INC cs 219350105 21,860 1,046,451 SH   SOLE   1,045,441 0 1,010
CROCS INC cs 227046109 3,905 405,910 SH   SOLE   344,290 0 61,620
CRYOLIFE INC COM cs 228903100 15,317 1,424,815 SH   SOLE   1,424,815 0 0
CTS CORP cs 126501105 11,666 741,182 SH   SOLE   741,182 0 0
DELTIC TIMBER CORP cs 247850100 6,772 112,586 SH   SOLE   90,641 0 21,945
DEVON ENERGY CORPORATION cs 25179M103 677 24,660 SH   SOLE   24,560 0 100
DIANA SHIPPING INC cs y2066g104 2,807 1,051,219 SH   SOLE   927,094 0 124,125
DIME COMMUNITY BANCSHRS cs 253922108 6,869 389,827 SH   SOLE   310,211 0 79,616
ENCORE WIRE CORP cs 292562105 4,331 111,247 SH   SOLE   97,877 0 13,370
ENNIS INC cs 293389102 11,967 612,137 SH   SOLE   546,385 0 65,752
EXELON CORPORATION cs 30161N101 9,438 263,203 SH   SOLE   262,973 0 230
EXPRESS INC cs 30219E103 1,520 71,000 SH   SOLE   63,425 0 7,575
FIRSTENERGY CORP cs 337932107 18,981 527,681 SH   SOLE   527,146 0 535
FLIR SYSTEMS INC cs 302445101 23,035 699,092 SH   SOLE   659,202 0 39,890
FREIGHTCAR AMERICA cs 357023100 4,669 299,697 SH   SOLE   239,212 0 60,485
FUEL TECH INC cs 359523107 70 40,000 SH   SOLE   40,000 0 0
GAMESTOP CORP cs 36467W109 2,614 82,385 SH   SOLE   45,370 0 37,015
GENERAL MTRS CORP cs 37045V100 3,108 98,892 SH   SOLE   60,717 0 38,175
GLAXOSMITHKLINE cs 37733W105 20,754 511,823 SH   SOLE   492,378 0 19,445
GOLD RESOURCE CORPORATION cs 38068T105 3,552 1,524,559 SH   SOLE   1,524,559 0 0
GRAHAM CORP cs 384556106 6,878 345,439 SH   SOLE   278,869 0 66,570
GRANITE CONST INC cs 387328107 6,640 138,905 SH   SOLE   111,562 0 27,343
HALLADOR ENERGY CO cs 40609P105 4,423 967,863 SH   SOLE   817,033 0 150,830
HALLMARK FINL SVCS INC cs 40624q203 9,666 840,517 SH   SOLE   711,238 0 129,279
HARTFORD FINANCIAL SVCS GRP cs 416515104 2,107 45,719 SH   SOLE   45,719 0 0
HELMERICH & PAYNE cs 423452101 294 5,000 SH   SOLE   5,000 0 0
HOOKER FURNITURE CORP cs 439038100 7,490 228,007 SH   SOLE   182,671 0 45,336
HUNTINGTON BANCSHARES INC. cs 446150104 4,165 436,595 SH   SOLE   436,595 0 0
ITRON INC cs 465741106 444 10,650 SH   SOLE   10,650 0 0
JACOBS ENGINEERING GROUP, INC cs 469814107 544 12,500 SH   SOLE   12,500 0 0
JOY GLOBAL INC cs 481165108 482 30,000 SH   SOLE   30,000 0 0
JPMORGAN CHASE & CO cs 46625h100 2,972 50,193 SH   SOLE   28,648 0 21,545
KMG INC cs 482564101 9,387 406,894 SH   SOLE   348,470 0 58,424
KNOLL INC cs 498904200 6,103 281,890 SH   SOLE   229,737 0 52,153
KONINKLIJKE PHILIPS ADR cs 500472303 20,411 714,930 SH   SOLE   714,930 0 0
LANDAUER INC cs 51476K103 18,443 557,706 SH   SOLE   557,706 0 0
LANDEC CORP cs 514766104 5,388 513,169 SH   SOLE   432,329 0 80,840
LSI INDUSTRIES INC cs 50216C108 12,225 1,040,459 SH   SOLE   1,040,459 0 0
MACK CALI REALTY CORP cs 554489104 12,030 511,923 SH   SOLE   511,648 0 275
MATTEL INC COM cs 577081102 15,044 447,460 SH   SOLE   447,460 0 0
MCGRATH RENTCORP cs 580589109 3,367 134,265 SH   SOLE   99,240 0 35,025
MERCURY SYSTEMS INC cs 589378108 8,832 435,077 SH   SOLE   349,902 0 85,175
METHODE ELECTRNCS INC cs 591520200 4,650 159,032 SH   SOLE   130,507 0 28,525
MGP INGREDIENTS INC cs 55303J106 1,444 59,590 SH   SOLE   52,700 0 6,890
MOSAIC CO cs 61945c103 1,109 41,080 SH   SOLE   40,830 0 250
MYRIAD GENETICS INC cs 62855j104 5,488 146,611 SH   SOLE   121,486 0 25,125
NAVIGANT CONSULTING INC cs 63935N107 5,909 373,767 SH   SOLE   291,942 0 81,825
NEWPARK RESOURCES INC cs 651718504 2,603 602,576 SH   SOLE   528,641 0 73,935
NINTENDO CO LTD ADR cs 654445303 15,399 867,565 SH   SOLE   867,565 0 0
NOKIA CORP ADR cs 654902204 9,228 1,561,448 SH   SOLE   1,561,448 0 0
NUCOR CORP cs 670346105 4,093 86,541 SH   SOLE   86,541 0 0
OSIRIS THERAPEUTICS INC cs 68827R108 228 40,000 SH   SOLE   40,000 0 0
PC-TEL INC cs 69325Q105 7,943 1,661,722 SH   SOLE   1,661,722 0 0
PITNEY BOWES INC cs 724479100 24,225 1,124,634 SH   SOLE   1,051,299 0 73,335
PLEXUS CORP cs 729132100 4,429 112,060 SH   SOLE   92,265 0 19,795
PPL CORP cs 69351T106 659 17,320 SH   SOLE   17,135 0 185
PULTEGROUP INC cs 745867101 355 19,000 SH   SOLE   19,000 0 0
QUEST DIAGNOSTICS INC cs 74834L100 12,528 175,339 SH   SOLE   175,339 0 0
RIO TINTO PLC-SPON ADR cs 767204100 3,472 122,825 SH   SOLE   122,825 0 0
RPX CORP cs 74972G103 5,053 448,747 SH   SOLE   361,577 0 87,170
RUDOLPH TECHNOLOGIES INC cs 781270103 6,869 502,883 SH   SOLE   414,263 0 88,620
SCANSOURCE INC cs 806037107 5,581 138,200 SH   SOLE   108,185 0 30,015
SCIQUEST INC cs 80908T101 580 41,816 SH   SOLE   41,816 0 0
SCRIPPS NETWORK INTER - CL A cs 811065101 19,906 303,913 SH   SOLE   303,913 0 0
SONY CORP ADR cs 835699307 18,716 727,665 SH   SOLE   727,665 0 0
SPARTAN MOTORS INC cs 846819100 6,664 1,687,190 SH   SOLE   1,398,855 0 288,335
STILLWATER MINING CO cs 86074Q102 5,771 541,920 SH   SOLE   433,400 0 108,520
SUNCOR ENERGY INC cs 867224107 259 9,330 SH   SOLE   9,330 0 0
SUPERIOR INDUSTRIES cs 868168105 12,754 577,644 SH   SOLE   577,644 0 0
SYMANTEC CORP cs 871503108 7,126 387,729 SH   SOLE   387,419 0 310
SYNAPTICS INC cs 87157d109 4,416 55,376 SH   SOLE   44,551 0 10,825
TESSERA TECHNOLOGIES INC cs 88164L100 11,221 361,978 SH   SOLE   361,978 0 0
THOR INDUSTRIES INC cs 885160101 248 3,895 SH   SOLE   3,895 0 0
UNISYS CORP cs 909214306 2,183 283,566 SH   SOLE   234,691 0 48,875
UNUM GROUP cs 91529y106 3,012 97,428 SH   SOLE   60,778 0 36,650
VONAGE HOLDINGS CORP cs 92886t201 5,959 1,304,030 SH   SOLE   1,029,805 0 274,225
WARREN RESOURCES INC cs 93564A100 79 460,705 SH   SOLE   376,720 0 83,985
WELLS FARGO & CO cs 949746101 594 12,293 SH   SOLE   11,843 0 450
WESTMORELAND COAL CO cs 960878106 505 70,000 SH   SOLE   70,000 0 0
WINNEBAGO INDUSTRIES cs 974637100 3,408 151,794 SH   SOLE   126,449 0 25,345
CHART INDUSTRIES INC 2 08-01-1 cv 16115QAC4 2,100 2,365,000 PRN   SOLE   2,365,000 0 0
CIENA CORP 0.875 06-15-17 cv 171779AE1 52,433 53,435,000 PRN   SOLE   53,435,000 0 0
NUANCE COMMUNICATIONS 2.75 11- cv 67020YAF7 34,852 34,787,000 PRN   SOLE   34,787,000 0 0
SEACOR HOLDINGS INC 2.5 12-15- cv 811904AM3 14,707 15,532,000 PRN   SOLE   15,532,000 0 0
SPIRIT REALTY CAPITAL 2.875 05 cv 84860WAA0 13,189 13,197,000 PRN   SOLE   13,197,000 0 0
SPIRIT REALTY CAPITAL 3.75 05- cv 84860WAB8 11,250 11,180,000 PRN   SOLE   11,180,000 0 0
TIVO INC 2.0 10-01-21 cv 888706AF5 29,856 32,082,000 PRN   SOLE   32,082,000 0 0
ALCOA INC 5.375 10-01-17 cp 013817309 5,686 172,368 SH   SOLE   172,368 0 0
CHESAPEAKE ENERGY PFD CONV 5.0 cp 165167826 4,247 258,206 SH   SOLE   258,206 0 0
EXELON CORP PFD CONV 6.50% cp 30161N127 10,777 218,902 SH   SOLE   218,902 0 0
FELCOR LODGING TRUST INC SERIE cp 31430F200 28,465 1,129,098 SH   SOLE   1,113,503 0 15,595
NY COMMUNITY CAP TRUST PFD cp 64944P307 19,470 388,227 SH   SOLE   388,227 0 0