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
AT&T Inc Com COM 00206R102 331 9,330 SH   SOLE   9,330 0 0
AbbVie Inc COM 00287y109 12,992 193,361 SH   SOLE   5,007 0 188,354
Acco Brands Corp COM 00081T108 16,045 2,065,013 SH   SOLE   1,316,267 0 748,746
Actuant Corp-A COM 00508X203 16,881 731,087 SH   SOLE   466,504 0 264,583
Addus Homecare Corp COM 006739106 748 26,847 SH   SOLE   17,675 0 9,172
Adtran Inc COM 00738A106 23,226 1,429,300 SH   SOLE   911,744 0 517,556
Aetna COM 00817Y108 364 2,853 SH   SOLE   2,853 0 0
Air Methods Corporation COM 009128307 4,973 120,295 SH   SOLE   76,697 0 43,598
Air Transport Services Group I COM 00922R105 21,077 2,009,232 SH   SOLE   1,281,005 0 728,227
Allete COM 018522300 70,979 1,530,059 SH   SOLE   863,598 0 666,461
Ally Financial COM 02005N100 6,781 302,321 SH   SOLE   7,555 0 294,766
American Equity Invt Lifehldg COM 025676206 23,326 864,584 SH   SOLE   551,701 0 312,883
American Intl Group Inc Com COM 026874784 11,123 179,920 SH   SOLE   5,889 0 174,031
American Vanguard Corp COM 030371108 390 28,258 SH   SOLE   18,602 0 9,656
Ani Pharmaceutic Inc COM 00182C103 719 11,593 SH   SOLE   7,632 0 3,961
Anika Therapeutics Inc COM 035255108 28,136 851,821 SH   SOLE   543,324 0 308,497
Anixter International Inc COM 035290105 24,916 382,433 SH   SOLE   244,210 0 138,223
Apple Computer Inc COM 037833100 13,154 104,878 SH   SOLE   2,068 0 102,810
Ares Cap Corp Com COM 04010L103 57,810 3,512,153 SH   SOLE   2,239,983 0 1,272,170
Atwood Oceanic Inc COM 050095108 26,047 985,131 SH   SOLE   628,450 0 356,681
BBCN Bancorp Inc COM 073295107 33,992 2,298,335 SH   SOLE   1,465,332 0 833,003
Banco Do Brasil SA ADR COM 059578104 580 74,614 SH   SOLE   74,614 0 0
Bank of America Corp COM 060505104 12,653 743,439 SH   SOLE   20,454 0 722,985
Bankunited Inc COM 06652K103 58,532 1,629,061 SH   SOLE   1,039,110 0 589,951
Black Box Corp Del Com COM 091826107 18,159 907,942 SH   SOLE   575,598 0 332,344
Blackstone Group LP COM 09253U108 396 9,678 SH   SOLE   9,678 0 0
Brady Corp COM 104674106 607 24,525 SH   SOLE   16,145 0 8,380
Cbiz COM 124805102 28,374 2,943,323 SH   SOLE   1,874,271 0 1,069,052
Chevron Corporation Com COM 166764100 324 3,363 SH   SOLE   3,363 0 0
Cincinnati Bell Inc COM 171871106 219 57,268 SH   SOLE   37,698 0 19,570
Cisco Systems Inc COM 17275R102 323 11,757 SH   SOLE   11,757 0 0
Computer Programs & Systems COM 205306103 1,188 22,233 SH   SOLE   14,636 0 7,597
Cts COM 126501105 16,410 851,595 SH   SOLE   542,211 0 309,384
DSW Inc. COM 23334L102 31,414 941,372 SH   SOLE   600,509 0 340,863
Deluxe Corp COM 248019101 20,637 332,850 SH   SOLE   212,206 0 120,644
East West Bancorp COM 27579R104 35,483 791,682 SH   SOLE   504,767 0 286,915
Eaton Corporation COM g29183103 11,593 171,774 SH   SOLE   3,677 0 168,097
Encore Capital Group Inc COM 292554102 56,726 1,327,239 SH   SOLE   846,454 0 480,785
Enersys COM 29275Y102 24,213 344,475 SH   SOLE   219,622 0 124,853
Ennis COM 293389102 11,182 601,525 SH   SOLE   383,520 0 218,005
Ensco PLC COM G3157S106 3,470 155,802 SH   SOLE   121,697 0 34,105
Evercore Partners Inc COM 29977A105 6,965 129,069 SH   SOLE   82,238 0 46,831
Express Inc Ord COM 30219E103 12,333 681,009 SH   SOLE   437,921 0 243,088
F N B Corp Pa Com COM 302520101 11,527 804,962 SH   SOLE   513,582 0 291,380
FBL Financial Group COM 30239F106 4,063 70,396 SH   SOLE   44,890 0 25,506
FTI Consulting Inc Com COM 302941109 2,413 58,513 SH   SOLE   37,304 0 21,209
Fifth Street Finance COM 31678A103 12,845 1,961,098 SH   SOLE   1,250,298 0 710,800
Finish Line Inc. COM 317923100 10,446 375,484 SH   SOLE   239,506 0 135,978
First Potomac REIT COM 33610F109 17,332 1,682,710 SH   SOLE   1,071,721 0 610,989
FirstMerit Corp COM 337915102 49,449 2,373,911 SH   SOLE   1,513,380 0 860,531
Franklin Electric COM 353514102 16,212 501,459 SH   SOLE   319,697 0 181,762
Freightcar America Inc COM 357023100 957 45,842 SH   SOLE   30,177 0 15,665
Gain Capital Holdings COM 36268W100 20,990 2,195,598 SH   SOLE   1,399,632 0 795,966
General Motors COM 37045V100 14,225 426,786 SH   SOLE   7,163 0 419,623
Genesco COM 371532102 39,636 600,277 SH   SOLE   383,197 0 217,080
Gold Resource Corp COM 38068T105 437 158,428 SH   SOLE   104,289 0 54,139
Graftech Intl COM 384313102 16,357 3,297,843 SH   SOLE   2,101,567 0 1,196,276
Greif Inc COM 397624107 20,433 569,969 SH   SOLE   363,850 0 206,119
Gulfmark Offshore Inc COM 402629208 5,812 501,028 SH   SOLE   319,325 0 181,703
HCC Insurance Hldgs Inc Com COM 404132102 25,242 328,504 SH   SOLE   209,315 0 119,189
Halliburton Co COM 406216101 10,765 249,942 SH   SOLE   4,341 0 245,601
Hancock Hldg COM 410120109 26,493 830,241 SH   SOLE   529,852 0 300,389
Hanover Insurance Group COM 410867105 20,319 274,466 SH   SOLE   175,023 0 99,443
Harsco Corp COM 415864107 587 35,588 SH   SOLE   23,427 0 12,161
Harte-Hanks COM 416196103 294 49,407 SH   SOLE   32,523 0 16,884
Hersha Hosp Trust COM 427825500 54,662 2,131,890 SH   SOLE   1,359,627 0 772,263
Hill Rom Holdings COM 431475102 19,065 350,917 SH   SOLE   223,695 0 127,222
Houston Wire & Cable Co COM 44244K109 264 26,594 SH   SOLE   17,506 0 9,088
Hyster-Yale Materials COM 449172105 884 12,762 SH   SOLE   8,403 0 4,359
Iconix Brand Group Inc COM 451055107 26,643 1,067,010 SH   SOLE   680,703 0 386,307
Ingram Micro Inc COM 457153104 42,167 1,684,648 SH   SOLE   950,421 0 734,227
International Paper COM 460146103 284 5,974 SH   SOLE   5,974 0 0
Istar Financial Inc COM 45031U101 44,903 3,371,100 SH   SOLE   2,147,960 0 1,223,140
JPMorgan Chase & Co Com COM 46625H100 337 4,970 SH   SOLE   4,970 0 0
Janus Capital Group Inc COM 47102X105 12,426 725,802 SH   SOLE   463,000 0 262,802
Johnson & Johnson Com COM 478160104 356 3,654 SH   SOLE   3,654 0 0
Johnson Controls Inc COM 478366107 14,648 295,738 SH   SOLE   5,848 0 289,890
KT Corp ADR COM 48268K101 3,357 264,975 SH   SOLE   169,478 0 95,497
Kaiser Aluminum COM 483007704 39,024 469,710 SH   SOLE   299,597 0 170,113
Knowles Corporation COM 49926D109 28,666 1,583,733 SH   SOLE   1,009,865 0 573,868
Koppers Holdings Inc COM 50060P106 16,316 660,042 SH   SOLE   421,263 0 238,779
Korn/Ferry International COM 500643200 34,383 988,883 SH   SOLE   630,731 0 358,152
Kraft Foods Group Inc COM 50076q106 246 2,895 SH   SOLE   2,895 0 0
Kulicke & Soffa Ind COM 501242101 935 79,846 SH   SOLE   52,561 0 27,285
LTC Properties Inc COM 502175102 588 14,124 SH   SOLE   9,298 0 4,826
Lannett Co Inc COM 516012101 853 14,345 SH   SOLE   9,445 0 4,900
Lasalle Hotel Pptys COM 517942108 60,186 1,697,301 SH   SOLE   1,082,638 0 614,663
Lexmark Int'l Group Inc COM 529771107 341 7,709 SH   SOLE   5,077 0 2,632
Lukoil OAO ADR COM 677862104 510 11,360 SH   SOLE   11,360 0 0
Lumber Liquidators Holdings COM 55003T107 12,550 606,004 SH   SOLE   386,680 0 219,324
Manning & Napier Inc COM 56382Q102 527 52,888 SH   SOLE   34,815 0 18,073
Medical Properties COM 58463J304 37,236 2,840,281 SH   SOLE   1,813,193 0 1,027,088
Merck & Co COM 58933Y105 11,484 201,717 SH   SOLE   6,062 0 195,655
Morgan Stanley COM 617446448 328 8,445 SH   SOLE   8,445 0 0
Movado Group Inc COM 624580106 551 20,294 SH   SOLE   13,360 0 6,934
New Mountain Finance Corporati COM 647551100 18,182 1,254,774 SH   SOLE   799,645 0 455,129
New Senior Investment Group OR COM 648691103 17,247 1,290,006 SH   SOLE   822,559 0 467,447
Northwestern COM 668074305 1,340 27,482 SH   SOLE   18,091 0 9,391
Nu Skin Enterprises COM 67018T105 29,170 618,933 SH   SOLE   394,856 0 224,077
Oracle Corporation Com COM 68389X105 7,817 193,958 SH   SOLE   6,199 0 187,759
Outerwall Inc. COM 690070107 57,007 749,012 SH   SOLE   398,282 0 350,730
Park Electrochemical Corp Com COM 700416209 16,295 850,479 SH   SOLE   541,020 0 309,459
Parkway Properties Inc. COM 70159Q104 43,295 2,482,535 SH   SOLE   1,583,983 0 898,552
Partner Communications ADR COM 70211M109 82 30,865 SH   SOLE   30,865 0 0
Pdl Biopharma Inc COM 69329Y104 10,530 1,637,611 SH   SOLE   1,046,578 0 591,033
Petroleo Brasileiro A ADR COM 71654V101 239 29,335 SH   SOLE   29,335 0 0
Pfizer Inc COM 717081103 265 7,917 SH   SOLE   7,917 0 0
Pharmerica Corp COM 71714F104 15,918 478,024 SH   SOLE   304,828 0 173,196
Pitney Bowes Inc COM 724479100 36,221 1,740,534 SH   SOLE   851,998 0 888,536
Plantronics Inc COM 727493108 10,189 180,937 SH   SOLE   115,109 0 65,828
Plexus Corp COM 729132100 20,984 478,211 SH   SOLE   305,471 0 172,740
Portland General Ele COM 736508847 62,176 1,875,017 SH   SOLE   1,194,671 0 680,346
Posco ADR COM 693483109 7,532 153,429 SH   SOLE   124,773 0 28,656
QLogic Corp COM 747277101 5,920 417,168 SH   SOLE   266,275 0 150,893
R.R. Donnelley & Sons Co. COM 257867101 21,211 1,216,945 SH   SOLE   776,157 0 440,788
Ramco-Gershenson Properties COM 751452202 16,949 1,038,539 SH   SOLE   689,168 0 349,371
Regal Beloit Corp COM 758750103 1,437 19,800 SH   SOLE   13,034 0 6,766
Rent-A-Center Inc New Com COM 76009N100 11,962 421,931 SH   SOLE   269,078 0 152,853
Ruth's Hospitality Group COM 783332109 22,166 1,375,047 SH   SOLE   875,892 0 499,155
Sanderson Farms COM 800013104 20,718 275,656 SH   SOLE   112,601 0 163,055
Scansource Inc COM 806037107 30,078 790,270 SH   SOLE   503,636 0 286,634
Schlumberger Ltd COM 806857108 207 2,401 SH   SOLE   2,401 0 0
Select Comfort Corporation COM 81616X103 3,654 121,511 SH   SOLE   77,488 0 44,023
Skywest COM 830879102 5,314 353,340 SH   SOLE   225,709 0 127,631
Sonic Automotive Inc. COM 83545G102 35,210 1,477,531 SH   SOLE   942,512 0 535,019
Sonoco Products COM 835495102 20,089 468,723 SH   SOLE   298,734 0 169,989
Sotheby's Holdings COM 835898107 1,158 25,593 SH   SOLE   16,849 0 8,744
SpartanNash Co COM 847215100 20,001 614,656 SH   SOLE   391,687 0 222,969
Stepan Co COM 858586100 1,267 23,419 SH   SOLE   15,418 0 8,001
Steris Corporation COM 859152100 362 5,614 SH   SOLE   3,696 0 1,918
Stewart Information Services COM 860372101 25,882 650,304 SH   SOLE   413,701 0 236,603
Stifel Financial Corp COM 860630102 22,792 394,728 SH   SOLE   251,525 0 143,203
Stone Energy COM 861642106 15,680 1,245,448 SH   SOLE   794,958 0 450,490
Teletech Holdings COM 879939106 945 34,912 SH   SOLE   22,983 0 11,929
Teradyne Inc COM 880770102 22,670 1,175,217 SH   SOLE   749,653 0 425,564
Ternium SA ADR COM 880890108 3,007 173,689 SH   SOLE   81,650 0 92,039
Tetra Tech COM 88162G103 33,960 1,324,481 SH   SOLE   844,370 0 480,111
The Hospitalists COM 44984A105 20,347 367,342 SH   SOLE   234,401 0 132,941
Thor Industries Inc COM 885160101 22,484 399,503 SH   SOLE   254,768 0 144,735
Tidewater COM 886423102 22,631 995,635 SH   SOLE   635,281 0 360,354
Triangle Petroleum Corp COM 89600b201 11,594 2,309,475 SH   SOLE   1,472,915 0 836,560
Tribune Publishing Company COM 896082104 1,103 70,968 SH   SOLE   46,716 0 24,252
Trimas Corporation COM 896215209 52,303 1,767,000 SH   SOLE   1,126,799 0 640,201
Triumph Group Inc COM 896818101 38,204 578,932 SH   SOLE   369,238 0 209,694
Trustmark Corp COM 898402102 19,726 789,686 SH   SOLE   503,653 0 286,033
UTi Worldwide ORD COM G87210103 14,756 1,477,038 SH   SOLE   1,092,433 0 384,605
Vale SA-Pref ADR COM 91912E204 9,318 1,845,152 SH   SOLE   1,166,952 0 678,200
Validus Holdings COM G9319H102 36,131 821,351 SH   SOLE   512,144 0 309,207
Vince Holding Corp COM 92719W108 551 46,008 SH   SOLE   30,286 0 15,722
Vishay Intertechnology Inc COM 928298108 29,616 2,535,645 SH   SOLE   1,617,911 0 917,734
Waddell & Reed Finl Inc Cl A COM 930059100 33,235 702,502 SH   SOLE   448,394 0 254,108
Winnebago Industries COM 974637100 810 34,334 SH   SOLE   22,602 0 11,732
Woodward Inc COM 980745103 54,411 989,477 SH   SOLE   630,864 0 358,613
World Acceptance COM 981419104 27,402 445,491 SH   SOLE   283,944 0 161,547
Dorel Industries ORD COM 2262369 503 18,813 SH   SOLE   18,813 0 0
Sherritt International ORD COM 2804158 118 70,780 SH   SOLE   70,780 0 0
Sinotrans Shipping ORD COM B290QS4 4,933 20,128,434 SH   SOLE   11,797,205 0 8,331,229
Xtep International Holdings OR COM B2RJYH8 1,771 4,833,442 SH   SOLE   2,137,966 0 2,695,476
Duskin Ltd ORD COM B1GVJ73 12,274 710,124 SH   SOLE   405,643 0 304,481
Dydo Drinco ORD COM 6374992 7,234 166,384 SH   SOLE   101,754 0 64,630
Higo Bank ORD COM 6426042 1,277 196,049 SH   SOLE   129,618 0 66,431
Kagoshima Bank ORD COM 6480844 1,275 176,224 SH   SOLE   116,482 0 59,742
Kato Sangyo Co ORD COM 6484181 11,874 506,804 SH   SOLE   263,890 0 242,914
Kawasaki Kisen Kaisha Ltd ORD COM 6484686 4,493 1,902,287 SH   SOLE   1,403,527 0 498,760
San-In Godo Bank ORD COM 6772853 1,794 185,910 SH   SOLE   118,528 0 67,382
Sankyo Co NPV ORD COM 6775432 13,817 390,004 SH   SOLE   240,094 0 149,910
Shiga Bank ORD COM 6804240 1,794 332,542 SH   SOLE   211,886 0 120,656
Toyo Engineering ORD COM 6899718 3,896 1,638,464 SH   SOLE   817,488 0 820,976
Yodogawa Steel Works ORD COM 6986364 6,867 1,570,579 SH   SOLE   997,835 0 572,744
BNK Financial Group ORD COM B3S98W7 191 15,002 SH   SOLE   8,988 0 6,014
GS Home Shopping INC ORD COM 6204828 7,063 37,536 SH   SOLE   21,189 0 16,347
Hyundai Heavy Industries ORD COM 6446620 1,259 12,652 SH   SOLE   12,652 0 0
Hyundai Mipo Dockyard ORD COM 6451066 7,362 126,731 SH   SOLE   72,760 0 53,971
Industrial Bank of Korea ORD COM 6462972 3,554 274,379 SH   SOLE   144,397 0 129,982
KB Financial ORD COM B3DF0Y6 265 8,000 SH   SOLE   8,000 0 0
KT Corp ORD COM 6505316 5,648 221,429 SH   SOLE   143,234 0 78,195
Korea Electric Power Corp ORD COM 6495730 392 9,540 SH   SOLE   9,540 0 0
Kwangju Bank ORD COM BJVDZB6 105 15,367 SH   SOLE   9,205 0 6,162
Posco ORD COM 6693233 277 1,381 SH   SOLE   928 0 453
Woori Bank ORD COM BSP5RP9 367 41,785 SH   SOLE   41,785 0 0
Grupo Simec SAB-B ORD COM 2375546 3,883 1,323,575 SH   SOLE   731,028 0 592,547
Aegon NV ORD COM 5927375 8,826 1,201,630 SH   SOLE   769,390 0 432,240
ArcelorMittal ORD COM B03XPL1 3,145 323,176 SH   SOLE   240,586 0 82,590
Bouygues SA ORD COM 4002121 4,042 108,187 SH   SOLE   58,842 0 49,345
Buzzi Unicem SpA RSP ORD COM 5782284 13,309 1,491,227 SH   SOLE   886,860 0 604,367
CIR SpA ORD COM 4162371 10,355 9,741,361 SH   SOLE   5,860,184 0 3,881,177
Commerzbank ORD COM B90LKT4 3,257 254,949 SH   SOLE   194,159 0 60,790
Danieli & Co RSP ORD COM 4253372 15,597 1,029,265 SH   SOLE   594,447 0 434,818
Indra Sistema SA ORD COM 4476210 345 33,598 SH   SOLE   33,598 0 0
Intesa Sanpaolo SpA-Rsp ORD COM 4076847 148 46,548 SH   SOLE   46,548 0 0
Italcementi SpA ORD COM 5975932 7,122 1,079,771 SH   SOLE   606,484 0 473,287
Nexans SA ORD COM 7130836 7,989 213,427 SH   SOLE   160,480 0 52,947
Nexity SA ORD COM B037JC2 257 6,544 SH   SOLE   6,544 0 0
Salzgitter AG ORD COM 5465358 5,665 158,592 SH   SOLE   93,931 0 64,661
Saras SpA ORD COM B04F679 1,315 741,363 SH   SOLE   291,627 0 449,736
Wienerberger AG ORD COM 5699373 339 21,592 SH   SOLE   0 0 21,592
Barclays PLC ORD COM 3134865 622 151,809 SH   SOLE   151,809 0 0
Debenhams PLC ORD COM B126KH9 10,189 7,259,212 SH   SOLE   4,529,571 0 2,729,641
Sainsbury PLC ORD COM B019KW7 23,160 5,550,902 SH   SOLE   3,606,980 0 1,943,922
WM Morrison PLC ORD COM 0604316 22,112 7,776,385 SH   SOLE   4,805,954 0 2,970,431
Modern Times Group ORD COM B151P43 11,023 411,260 SH   SOLE   231,620 0 179,640
Oriflame Holding AG ORD COM BYL6RK3 9,140 565,949 SH   SOLE   401,930 0 164,019
Metcash Ltd Ord COM B0744W4 5,059 5,956,512 SH   SOLE   3,007,432 0 2,949,080
Oz Minerals ORD COM 6397825 10,496 3,431,114 SH   SOLE   1,969,644 0 1,461,470
WorleyParsons ORD COM 6562474 9,443 1,180,147 SH   SOLE   709,011 0 471,136
D/S Norden ORD COM B1WP656 18,236 724,615 SH   SOLE   404,477 0 320,138
Bradespar SA - Pref (BRAP4) COM B01SCS4 1,443 425,952 SH   SOLE   272,735 0 153,217
Centrais Electricas Brasilier COM 2311120 333 176,081 SH   SOLE   176,081 0 0
Cia Saneamento Basico De Sp OR COM B1YCHL8 191 36,032 SH   SOLE   24,496 0 11,536
Cia Saneamento Minas Gerais OR COM B0YBZJ2 3,421 775,033 SH   SOLE   453,520 0 321,513
Subsea 7 SA ORD COM 5258246 7,165 734,441 SH   SOLE   394,619 0 339,822