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
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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
A T & T Inc New COM 00206r102 311 8,865 SH   SOLE   8,865 0 0
Actavis, PLC COM g0083b108 1,729 8,400 SH   SOLE   8,400 0 0
Altera Corp COM 021441100 2,935 81,000 SH   SOLE   81,000 0 0
American Eagle Outfitters COM 02553e106 5,913 483,122 SH   SOLE   483,122 0 0
Amerisafe, Inc. COM 03071h100 3,113 70,900 SH   SOLE   70,900 0 0
Amgen Incorporated COM 031162100 236 1,914 SH   SOLE   1,914 0 0
Aqua America Inc COM 03836W103 22,767 908,140 SH   SOLE   908,140 0 0
Arthur J Gallagher & Co. COM 363576109 14,190 298,230 SH   SOLE   298,230 0 0
Autozone Inc COM 053332102 30,024 55,901 SH   SOLE   55,901 0 0
Bank of the Ozarks, Inc. COM 063904106 23,777 349,350 SH   SOLE   349,350 0 0
Bed Bath and Beyond COM 075896100 33,676 489,471 SH   SOLE   489,471 0 0
Berkshire Hathaway A COM 084670108 38,781 207 SH   SOLE   207 0 0
Berkshire Hathaway B COM 084670702 17,561 140,520 SH   SOLE   140,520 0 0
Biglari Holdings Inc. COM 08986r101 15,765 32,340 SH   SOLE   32,340 0 0
Brookfield Asset Management COM 112585104 53,034 1,298,263 SH   SOLE   1,298,263 0 0
Brown & Brown Inc. COM 115236101 64,263 2,089,183 SH   SOLE   2,089,183 0 0
Carmax COM 143130102 39,952 853,677 SH   SOLE   853,677 0 0
CDW Corp. COM 12514G108 40,822 1,487,689 SH   SOLE   1,487,689 0 0
Chevron Corporation COM 166764100 436 3,663 SH   SOLE   3,663 0 0
Clarcor Inc COM 179895107 368 6,424 SH   SOLE   6,424 0 0
Conmed Corp COM 207410101 308 7,087 SH   SOLE   7,087 0 0
Destination Maternity COM 25065d100 4,587 167,400 SH   SOLE   167,400 0 0
Digital Realty Trust Inc. COM 253868103 15,031 283,175 SH   SOLE   283,175 0 0
Donaldson Co., Inc. COM 257651109 46,554 1,097,982 SH   SOLE   1,097,982 0 0
Dr. Pepper Snapple Group Inc. COM 26138E109 402 7,376 SH   SOLE   7,376 0 0
Echo Global Logistics, Inc. COM 27875t101 3,904 213,100 SH   SOLE   213,100 0 0
EOG Resources Inc. COM 26875P101 63,760 325,024 SH   SOLE   325,024 0 0
Evolution Petroleum Corporatio COM 30049A107 6,838 537,171 SH   SOLE   537,171 0 0
Exxon Mobil Corporation COM 30231G102 1,992 20,395 SH   SOLE   20,395 0 0
Fabrinet COM g3323l100 7,750 373,156 SH   SOLE   373,156 0 0
First Financial Holdings, Inc. COM 32023e105 30,836 492,435 SH   SOLE   492,435 0 0
First NBC Bank Holding Company COM 32115d106 5,250 150,600 SH   SOLE   150,600 0 0
FLIR Systems, Inc. COM 302445101 36,404 1,011,219 SH   SOLE   1,011,219 0 0
Flowers Foods COM 343498101 6,282 292,850 SH   SOLE   292,850 0 0
Forest City Enterprises Class COM 345550107 11,531 603,700 SH   SOLE   603,700 0 0
Forward Air COM 349853101 30,814 668,276 SH   SOLE   668,276 0 0
Franklin Resources COM 354613101 44,468 820,753 SH   SOLE   820,753 0 0
General Electric Company COM 369604103 595 22,985 SH   SOLE   22,985 0 0
Glenville Bank Hldg Co COM 37908p109 226 2,756 SH   SOLE   2,756 0 0
Gordmans Stores, Inc. COM 38269P100 286 52,400 SH   SOLE   52,400 0 0
Graco COM 384109104 25,460 340,643 SH   SOLE   340,643 0 0
Hallmark Financial Services, I COM 40624q203 3,664 440,925 SH   SOLE   440,925 0 0
Home Bancshares, Inc. COM 436893200 2,688 78,103 SH   SOLE   78,103 0 0
Houston Wire & Cable Company COM 44244K109 2,701 205,725 SH   SOLE   205,725 0 0
Hudson Valley Holding Corp COM 444172100 2,054 107,822 SH   SOLE   107,822 0 0
Idex Corporation COM 45167R104 65,010 891,888 SH   SOLE   891,888 0 0
Illinois Tool Works COM 452308109 42,519 522,793 SH   SOLE   522,793 0 0
Infinity Property & Casualty C COM 45665q103 3,796 56,135 SH   SOLE   56,135 0 0
International Business Machine COM 459200101 1,561 8,110 SH   SOLE   8,110 0 0
Interpublic Group of Companies COM 460690100 28,020 1,634,750 SH   SOLE   1,634,750 0 0
John Bean Technologies Corpora COM 477839104 2,997 97,000 SH   SOLE   97,000 0 0
John Wiley & Sons COM 968223206 12,989 225,350 SH   SOLE   225,350 0 0
Knight Transportation Inc. COM 499064103 33,308 1,440,055 SH   SOLE   1,440,055 0 0
Landauer Inc COM 51476K103 907 20,000 SH   SOLE   20,000 0 0
Loews Corp COM 540424108 30,726 697,521 SH   SOLE   697,521 0 0
M & T Bank Corp COM 55261F104 27,596 227,505 SH   SOLE   227,505 0 0
Markel Corp COM 570535104 67,879 113,871 SH   SOLE   113,871 0 0
Mattel Inc. COM 577081102 14,018 349,484 SH   SOLE   349,484 0 0
McCormick & Co. COM 579780206 1,955 27,250 SH   SOLE   27,250 0 0
McGrath Rentcorp COM 580589109 32,621 933,096 SH   SOLE   933,096 0 0
Mednax Inc. COM 58502B106 72,342 1,167,186 SH   SOLE   1,167,186 0 0
Microchip Technology Inc. COM 595017104 32,463 679,710 SH   SOLE   679,710 0 0
Mistras Group, Inc. COM 60649t107 1,762 77,375 SH   SOLE   77,375 0 0
Mohawk Industries COM 608190104 20,058 147,509 SH   SOLE   147,509 0 0
MTS Systems COM 553777103 757 11,050 SH   SOLE   11,050 0 0
National Instruments COM 636518102 3,500 122,000 SH   SOLE   122,000 0 0
NBT Bancorp Inc COM 628778102 318 13,000 SH   SOLE   13,000 0 0
Newlink Genetics Corp COM 651511107 350 12,321 SH   SOLE   12,321 0 0
OneBeacon COM G67742109 10,081 652,077 SH   SOLE   652,077 0 0
Patriot Transportation Holding COM 70337B102 4,795 132,998 SH   SOLE   132,998 0 0
Patterson Companies Inc. COM 703395103 22,592 541,000 SH   SOLE   541,000 0 0
PC Connection, Inc. COM 69318J100 3,073 151,225 SH   SOLE   151,225 0 0
Pfizer Incorporated COM 717081103 331 10,299 SH   SOLE   10,299 0 0
Physicians Realty Trust COM 71943u104 6,875 493,900 SH   SOLE   493,900 0 0
Pinnacle Financial Partners COM 72346Q104 14,850 396,100 SH   SOLE   396,100 0 0
Procter & Gamble COM 742718109 210 2,608 SH   SOLE   2,608 0 0
Protective Life Corp. COM 743674103 22,724 432,100 SH   SOLE   432,100 0 0
Questar Corp COM 748356102 8,407 353,550 SH   SOLE   353,550 0 0
Rosetta Stone COM 777780107 4,721 420,750 SH   SOLE   420,750 0 0
Ross Stores Inc. COM 778296103 79,194 1,106,527 SH   SOLE   1,106,527 0 0
Sigma Aldrich Corp. COM 826552101 10,272 110,000 SH   SOLE   110,000 0 0
Southwestern Energy Co COM 845467109 8,190 178,000 SH   SOLE   178,000 0 0
Starwood Hotels Resorts COM 85590a401 24,023 301,801 SH   SOLE   301,801 0 0
Stonecastle Financial Corp. COM 861780104 1,239 50,426 SH   SOLE   50,426 0 0
Stryker Corp COM 863667101 53,186 652,827 SH   SOLE   652,827 0 0
SY Bancorp Inc COM 785060104 273 8,626 SH   SOLE   8,626 0 0
Trustco Bank Corp COM 898349105 145 20,533 SH   SOLE   20,533 0 0
Tupperware Brands Corp. COM 899896104 4,188 50,000 SH   SOLE   50,000 0 0
U.S. Physical Therapy Inc. COM 90337l108 2,110 61,045 SH   SOLE   61,045 0 0
Union Pacific Corp COM 907818108 532 2,837 SH   SOLE   2,837 0 0
US Bancorp COM 902973304 314 7,331 SH   SOLE   7,331 0 0
US Ecology, Inc. COM 91732j102 6,176 166,369 SH   SOLE   166,369 0 0
VCA Antech, Inc. COM 918194101 16,544 513,300 SH   SOLE   513,300 0 0
Waters Corp. COM 941848103 40,304 371,772 SH   SOLE   371,772 0 0
Western Union COM 959802109 1,636 100,000 SH   SOLE   100,000 0 0
Westwood Holdings Group, Inc. COM 961765104 3,987 63,596 SH   SOLE   63,596 0 0
White Mtns Insurance COM G9618E107 52,145 86,922 SH   SOLE   86,922 0 0
Winthrop Realty Trust COM 976391300 12,820 1,106,158 SH   SOLE   1,106,158 0 0
Xilinx Inc COM 983919101 36,764 677,434 SH   SOLE   677,434 0 0
Yum Brands COM 988498101 34,258 454,407 SH   SOLE   454,407 0 0
Zebra Technologies A COM 989207105 59,984 864,201 SH   SOLE   864,201 0 0