13F-NT 1 co13f033107.txt UNITES STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2007 Check here if Amendment [ ]; Amendment Number: This Amendment (check only one.): [x] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Nicholas Company, Inc. Address: 700 North Water Street Suite 1010 Milwaukee, WI 53202 Form 13F File Number: 28-04359 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained therein is true, correct and complete, and that it is understood that all required items, statements, schedules, list, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Jeffrey T. May Title: Senior Vice President and Treasurer Phone: 414-272-4650 Signature, Place, and Date of Signing: /s/ Jeffrey T. May Milwaukee, WI 5/10/2007 ------------------ ------------- ---------- [Signature] [City, State] [Date] Report Type (check only one.): [x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F INFORMATION TABLE
VALUE SHRS OR SH/INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRNDISCRETIONMANAGERS SOLE SHARED NONE Advisory Board Company (TCOM 00762W107 $1,832 36,190 SH SOLE 105 36,085 Affiliated Computer ServiCL A 008190100 $5,290 89,850 SH SOLE 150 89,700 Alberto-Culver Co. CL B CONV 013068101 $20,535 897,500 SH SOLE 4,000 893,500 ADC Telecommunications, ICOM NEW 000886309 $1,682 100,495 SH SOLE 1,400 99,095 A. G. Edwards, Inc. COM 281760108 $3,376 48,800 SH SOLE 300 48,500 Allergan, Inc. COM 018490102 $4,717 42,565 SH SOLE 65 42,500 Assurant, Inc. COM 04621X108 $32 600 SH SOLE 600 Affiliated Managers GroupCOM 008252108 $149,656 1,381,230 SH SOLE 550 1,380,680 AmSurg Corp. COM 03232P405 $2,026 82,725 SH SOLE 1,500 81,225 American National InsuranCOM 028591105 $640 5,000 SH SOLE 5,000 Andrew Corporation COM 034425108 $410 38,720 SH SOLE 845 37,875 Apache Corporation COM 037411105 $64,185 907,850 SH SOLE 2,500 905,350 Applebee's International,COM 037899101 $2,767 111,670 SH SOLE 5,025 106,645 Amerigon Incorporated COM 03070L300 $1,532 123,080 SH SOLE 600 122,480 Associated Banc-Corp COM 045487105 $1,455 43,300 SH SOLE 4,500 38,800 AptarGroup, Inc. COM 038336103 $4,723 70,560 SH SOLE 3,900 66,660 American Express Co. COM 025816109 $45,154 800,600 SH SOLE 800,600 Bed Bath & Beyond Inc. COM 075896100 $41,636 1,036,500 SH SOLE 7,000 1,029,500 Biotech HOLDRS Trust DEPOSTRY RCPTS D09067201 $5,940 33,750 SH SOLE 50 33,700 BEA Systems, Inc. COM 073325102 $2,987 257,700 SH SOLE 200 257,500 W. R. Berkley Corp. COM 084423102 $67,058 2,024,712 SH SOLE 2,024,712 Briggs & Stratton CorporaCOM 109043109 $950 30,800 SH SOLE 30,800 Biogen Idec Inc. COM 09062X103 $1,335 30,075 SH SOLE 75 30,000 BJ Services Company COM 055482103 $4,215 151,075 SH SOLE 4,275 146,800 Bank Mutual Corp. COM 063750103 $14,781 1,300,000 SH SOLE 1,300,000 Biomet, Inc. COM 090613100 $8,071 189,950 SH SOLE 150 189,800 BioMed Realty Trust, Inc.PFD CVT SERIES A 09063H206 37,000 SH SOLE 37,000 Bemis Company, Inc. COM 081437105 $39,213 1,174,400 SH SOLE 7,500 1,166,900 Business Objects S.A. SPONSORED ADR 12328X107 $7,392 204,250 SH SOLE 450 203,800 Brady Corporation CL A 104674106 $37,564 1,203,980 SH SOLE 4,525 1,199,455 Berkshire Hathaway Inc.-CCL A 084670108 $156,837 1,439 SH SOLE 1,439 Brown & Brown, Inc. COM 115236101 $10,400 384,475 SH SOLE 6,275 378,200 Anheuser-Busch Companies,COM 035229103 $151 3,000 SH SOLE 2,000 1,000 Basin Water, Inc. COM 07011T306 $69 10,000 SH SOLE 10,000 Baylake Corp. COM 072788102 $1,646 107,230 SH SOLE 3,250 103,980 Cardinal Health, Inc. COM 14149Y108 $60,727 832,453 SH SOLE 1,575 830,878 Cameron International CorCOM 13342B105 $2,710 43,160 SH SOLE 60 43,100 Commerce Bancorp, Inc. COM 200519106 $5,513 165,150 SH SOLE 150 165,000 Clear Channel CommunicatiCOM 184502102 $4,393 125,365 SH SOLE 100 125,265 CDW Computer Centers, IncCOM 12512N105 $57,662 938,665 SH SOLE 4,065 934,600 CharterMac SH BEN INT 160908109 $677 35,000 SH SOLE 35,000 Chesapeake Energy CorporaCOM 165167107 $500 16,200 SH SOLE 4,000 12,200 Cincinnati Financial CorpCOM 172062101 $55 1,295 SH SOLE 1,295 CLARCOR Inc. COM 179895107 $553 17,400 SH SOLE 1,000 16,400 Clearwire Corporation COM 185385309 $307 15,000 SH SOLE 15,000 Comcast Corporation CL A 20030N101 $29,205 1,125,450 SH SOLE 1,125,450 Chipotle Mexican Grill, ICL A 169656105 $968 15,580 SH SOLE 100 15,480 CONSOL Energy Inc. COM 20854P109 $579 14,800 SH SOLE 3,000 11,800 CoBiz Inc. COM 190897108 $1,158 58,160 SH SOLE 1,650 56,510 Capital One Financial CorCOM 14040H105 $51,741 685,671 SH SOLE 685,671 Cooper Companies, Inc. (TCOM 216648402 $836 17,197 SH SOLE 17,197 California Pizza Kitchen,COM 13054D109 $14,593 443,700 SH SOLE 443,700 Copart, Inc. COM 217204106 $5,894 210,440 SH SOLE 2,465 207,975 ChoicePoint Inc. COM 170388102 $4,369 116,729 SH SOLE 125 116,604 CRA International, Inc. COM 12618T105 $3,102 59,455 SH SOLE 825 58,630 Citizens Banking CorporatCOM 174420109 $222 10,000 SH SOLE 10,000 Ceradyne, Inc. COM 156710105 $1,983 36,225 SH SOLE 555 35,670 Carter's, Inc. COM 146229109 $694 27,380 SH SOLE 1,200 26,180 Charles River LaboratorieCOM 159864107 $2,306 49,845 SH SOLE 200 49,645 Cintas Corp. COM 172908105 $26,621 737,425 SH SOLE 6,325 731,100 Covance Inc. COM 222816100 $4,790 80,720 SH SOLE 120 80,600 CVS/Caremark Corp. COM 126650100 $8,238 241,288 SH SOLE 200 241,088 Chevron Corporation COM 166764100 $1,191 16,100 SH SOLE 16,100 CEMEX, S.A. de C.V. SPON ADR 5 ORD 151290889 $42,719 1,304,400 SH SOLE 2,000 1,302,400 Daktronics, Inc. COM 234264109 $1,465 53,380 SH SOLE 1,275 52,105 Dialysis Corporation of ACOM 252529102 $902 71,436 SH SOLE 3,450 67,986 Dell Inc. COM 24702R101 $20,889 900,000 SH SOLE 900,000 Diageo plc SPON ADR NEW 25243Q205 $1,239 15,300 SH SOLE 15,300 EchoStar Communications CCL A 278762109 $8,234 189,585 SH SOLE 6,185 183,400 Dolby Laboratories, Inc. COM 25659T107 $66 1,900 SH SOLE 1,900 Dorchester Minerals, L.P.COM UNIT 25820R105 $1,120 50,900 SH SOLE 50,900 Denbury Resources Inc. COM NEW 247916208 $831 27,900 SH SOLE 500 27,400 Coinmach Service Corp. CL A 19259W206 $21 2,000 SH SOLE 2,000 Dril-Quip, Inc. COM 262037104 $898 20,755 SH SOLE 80 20,675 DRS Technologies, Inc. COM 23330X100 $3,337 63,964 SH SOLE 711 63,253 DTS, Inc. COM 23335C101 $476 19,660 SH SOLE 1,150 18,510 Duke Energy Corporation COM 264399106 $623 30,700 SH SOLE 30,700 DaVita, Inc. COM 23918K108 $83,662 1,569,050 SH SOLE 7,450 1,561,600 DexCom, Inc. COM 252131107 $501 63,780 SH SOLE 2,750 61,030 Ecolab Inc. COM 278865100 $6,338 147,400 SH SOLE 2,200 145,200 Emulex Corp. COM NEW 292475209 $2,662 145,565 SH SOLE 3,075 142,490 Entegris Inc. COM 29362U104 $1,893 176,920 SH SOLE 4,095 172,825 ITT Educational Services,COM 45068B109 $5,297 65,000 SH SOLE 65,000 Eaton Vance Corp. COM NON VTG 278265103 $9,623 270,000 SH SOLE 270,000 ev3 Inc. COM 26928A200 $1,523 77,320 SH SOLE 1,550 75,770 Expeditors Int'l of WashiCOM 302130109 $5,091 123,200 SH SOLE 200 123,000 Fastenal Co. COM 311900104 $7,302 208,325 SH SOLE 325 208,000 Family Dollar Stores, IncCOM 307000109 $1,508 50,900 SH SOLE 7,000 43,900 Factset Research Systems COM 303075105 $3,164 50,350 SH SOLE 350 50,000 FedEx Corporation COM 31428X106 $59,978 558,300 SH SOLE 2,500 555,800 Fiserv, Inc. COM 337738108 $17,908 337,512 SH SOLE 4,775 332,737 Fifth Third Bancorp COM 316773100 $66 1,713 SH SOLE 1,713 FLIR Systems, Inc. COM 302445101 $3,654 102,440 SH SOLE 2,160 100,280 FirstMerit Corp. COM 337915102 $1,351 64,010 SH SOLE 600 63,410 Fortune Brands, Inc. COM 349631101 $55,844 708,500 SH SOLE 708,500 Forest Laboratories, Inc.COM 345838106 $6,235 121,200 SH SOLE 3,100 118,100 General Dynamics Corp. COM 369550108 $45,840 600,000 SH SOLE 600,000 Graco, Inc. COM 384109104 $2,588 66,100 SH SOLE 1,400 64,700 G&K Services, Inc. CL A 361268105 $1,985 54,700 SH SOLE 1,380 53,320 Gentex Corporation COM 371901109 $2,985 183,700 SH SOLE 1,050 182,650 Grant Prideco, Inc. COM 38821G101 $389 7,800 SH SOLE 7,800 GlobalSanteFe Corp. SHS G3930E101 $4,119 66,775 SH SOLE 2,075 64,700 W.W. Grainger, Inc. COM 384802104 $1,800 23,300 SH SOLE 1,500 21,800 HCC Insurance Holdings, ICOM 404132102 $3,511 114,000 SH SOLE 1,500 112,500 Health Care Property InveCOM 421915109 $360 10,000 SH SOLE 10,000 Home Depot, Inc. (The) COM 437076102 $50 1,350 SH SOLE 1,350 Helen of Troy Limited COM G4388N106 $33,400 1,470,700 SH SOLE 1,470,700 Hewitt Associates, Inc. COM 42822Q100 $35,224 1,205,055 SH SOLE 8,255 1,196,800 Hiland Partners, LP UT LTD PARTNER 431291103 $359 6,213 SH SOLE 6,213 Harley-Davidson, Inc. COM 412822108 $4,127 70,250 SH SOLE 1,350 68,900 Hornbeck Offshore ServiceCOM 440543106 $71 2,475 SH SOLE 1,450 1,025 Hiland Holdings GP, LP UNIT LP INT 43129M107 $964 31,200 SH SOLE 31,200 Heartland Payment SystemsCOM 42235N108 $1,650 69,810 SH SOLE 2,350 67,460 Hormel Foods Corporation COM 440452100 $8,736 234,900 SH SOLE 3,300 231,600 Harris Corp. COM 413875105 $9,484 186,150 SH SOLE 6,150 180,000 Heartland Express, Inc. 422,347,104 109043109 $10,740 676,300 SH SOLE 5,000 671,300 Huron Consulting Group InCOM 447462102 $1,577 25,915 SH SOLE 425 25,490 Hyperion Solutions CorporCOM 44914M104 $3,192 61,585 SH SOLE 725 60,860 IAC/InterActiveCorp COM NEW 44919P300 $9,858 261,425 SH SOLE 4,190 257,235 ICU Medical, Inc. COM 44930G107 $196 5,000 SH SOLE 5,000 IDEXX Laboratories, Inc. COM 45168D104 $5,580 63,675 SH SOLE 490 63,185 IDEX Corporation COM 45167R104 $6,107 120,025 SH SOLE 125 119,900 International Game TechnoCOM 459902102 $6,062 150,125 SH SOLE 125 150,000 IPC Holdings, Ltd. ORD G4933P101 $788 27,310 SH SOLE 775 26,535 Intersil Corp. CL A 46069S109 $5,878 221,900 SH SOLE 300 221,600 ITT Corporation COM 450911102 $4,237 70,250 SH SOLE 250 70,000 Illinois Tool Works Inc. COM 452308109 $1,104 21,400 SH SOLE 3,600 17,800 iShares Russell 2000 GrowRUSL 2000 GROW 464287648 $258 3,225 SH SOLE 165 3,060 J.B. Hunt Transport ServiCOM 445658107 $622 23,700 SH SOLE 5,000 18,700 Jabil Circuit, Inc. COM 466313103 $6,817 318,400 SH SOLE 4,300 314,100 Jack in the Box Inc. COM 466367109 $1,272 18,400 SH SOLE 250 18,150 J. Crew Group, Inc. COM 46612H402 $1,104 27,480 SH SOLE 350 27,130 Johnson Controls, Inc. COM 478366107 $965 10,200 SH SOLE 10,200 J. C. Penney Company, IncCOM 708160106 $4,944 60,175 SH SOLE 175 60,000 Johnson & Johnson COM 478160104 $1,097 18,200 SH SOLE 2,000 16,200 Kayne Anderson Energy DevCOM 48660Q102 $5,729 230,000 SH SOLE 230,000 Kinder Morgan Energy PartUT LTD PARTNER 494550106 $16 300 SH SOLE 300 Kinder Morgan Management,SHS 49455U100 $73,816 1,440,586 SH SOLE 153 1,440,433 Kendle International Inc.COM 48880L107 $1,466 41,275 SH SOLE 400 40,875 Knight Transportation, InCOM NEW 499064103 $2,262 126,930 SH SOLE 2,660 124,270 Kohl's Corp. COM 500255104 $8,331 108,745 SH SOLE 2,045 106,700 Kayne Anderson Energy TotCOM 48660P104 $19,513 730,000 SH SOLE 730,000 Kayne Anderson MLP InvestCOM 486606106 $26,084 740,600 SH SOLE 740,600 Lamar Advertising Co. CL A 512815101 $1,895 30,100 SH SOLE 100 30,000 Liberty Global Inc.-SerieCOM SER A 530719103 $2,126 64,547 SH SOLE 1,982 62,565 Liberty Global Inc.-SerieCOM SER C 530555309 $12,124 395,678 SH SOLE 10,232 385,446 Liberty Media Holding CorCOM SER A 53071M302 $169 1,531 SH SOLE 1,531 Lifetime Brands, Inc. COM 53222Q103 $21 1,000 SH SOLE 1,000 0 Liberty Media Holding CorCOM SER A 53071M104 $9,514 399,430 SH SOLE 13,460 385,970 Legg Mason, Inc. COM 524901105 $6,606 70,125 SH SOLE 125 70,000 Lincoln National CorporatCOM 534187109 $1,041 15,356 SH SOLE 2,694 12,662 Level 3 Communications, ICOM 52729N100 $9,760 1,600,000 SH SOLE 1,600,000 Manpower Inc. COM 56418H100 $9,494 128,700 SH SOLE 3,100 125,600 Mathews International CorCL A 577128101 $2,127 52,270 SH SOLE 365 51,905 Microchip Technology Inc.COM 595017104 $11,175 314,510 SH SOLE 3,360 311,150 Moody's Corporation COM 615369105 $2,796 45,050 SH SOLE 50 45,000 MICROS Systems, Inc. COM 594901100 $2,651 49,100 SH SOLE 775 48,325 Mercury General Corp. COM 589400100 $41,758 787,300 SH SOLE 2,000 785,300 Medtronic, Inc. COM 585055106 $46,656 950,996 SH SOLE 2,500 948,496 Micrus Endovascular CorpoCOM 59518V102 $1,248 52,355 SH SOLE 1,100 51,255 Mohawk Industries, Inc. COM 608190104 $37,382 455,600 SH SOLE 1,000 454,600 Marshall & Ilsley Corp. COM 571834100 $106,897 2,308,301 SH SOLE 2,775 2,305,526 Mobile Mini, Inc. COM 60740F105 $2,374 88,655 SH SOLE 1,550 87,105 3M Co. COM 88579Y101 $940 12,300 SH SOLE 12,300 McClatchy Company (The) CL A 579489105 $462 14,600 SH SOLE 14,600 Monro Muffler Brake, Inc.COM 610236101 $2,164 61,650 SH SOLE 800 60,850 Altria Group, Inc. COM 022095103 $904 10,300 SH SOLE 10,300 Molex Inc. CL A 608554200 $5,604 225,150 SH SOLE 150 225,000 Medicis Pharmaceutical CoCL A NEW 584690309 $6,174 200,310 SH SOLE 940 199,370 Microsoft Corporation COM 594918104 $1,132 40,600 SH SOLE 6,000 34,600 MSC Industrial Direct Co.CL A 553530106 $3,248 69,585 SH SOLE 1,500 68,085 MGIC Investment Corp. COM 552848103 $2,292 38,900 SH SOLE 1,500 37,400 MV Oil Trust UNIT 553859109 51,500 SH SOLE 51,500 MWI Veterinary Supply, InCOM 55402X105 $1,104 33,455 SH SOLE 1,335 32,120 Maxim Integrated ProductsCOM 57772K101 $3,162 107,550 SH SOLE 4,250 103,300 Nabors Industries, Ltd. SHS G6359F103 $4,169 140,500 SH SOLE 4,500 136,000 Navigant Consulting, Inc.COM 63935N107 $1,798 90,995 SH SOLE 250 90,745 National Financial PartneCOM 63607P208 $5,556 118,450 SH SOLE 6,445 112,005 Nationwide Financial ServCL A 638612101 $11,055 205,250 SH SOLE 5,850 199,400 Newfield Exploration CompCOM 651290108 $2,147 51,485 SH SOLE 185 51,300 National Health Realty, ICOM 635905102 $684 29,100 SH SOLE 29,100 NuVasive, Inc. COM 670704105 $1,348 56,760 SH SOLE 800 55,960 NAVTEQ Corporation COM 63936L100 $5,536 160,457 SH SOLE 175 160,282 O'Reilly Automotive, Inc.COM 686091109 $82,979 2,506,925 SH SOLE 7,225 2,499,700 Oshkosh Truck CorporationCOM 688239201 $66,348 1,251,850 SH SOLE 3,150 1,248,700 Plum Creek Timber CompanyCOM 729251108 $879 22,300 SH SOLE 22,300 Patterson Companies, Inc.COM 703395103 $458 12,900 SH SOLE 12,900 PETsMART, INC. COM 716768106 $10,719 325,200 SH SOLE 3,300 321,900 P.F. Chang's China BistroCOM 693334108 $1,642 39,210 SH SOLE 1,000 38,210 Pfizer Inc. COM 717081103 $909 36,000 SH SOLE 36,000 Philadelphia ConsolidatedCOM 717528103 $4,399 100,000 SH SOLE 100,000 Packeteer, Inc. COM 695210104 $964 77,635 SH SOLE 855 76,780 Protective Life Corp. COM 743674103 $865 19,640 SH SOLE 2,200 17,440 Plexus Corp. COM 729132100 $1,101 64,180 SH SOLE 300 63,880 Pentair, Inc. COM 709631105 $47,189 1,514,400 SH SOLE 1,514,400 Panera Bread Company CL A 69840W108 $2,156 36,510 SH SOLE 600 35,910 Pharmaceutical Product DeCOM 717124101 $5,214 154,750 SH SOLE 3,250 151,500 PRA International COM 69353C101 $18 825 SH SOLE 125 700 PartnerRe Ltd. COM G6852T105 $631 9,200 SH SOLE 1,700 7,500 PAREXEL International CorCOM 699462107 $1,681 46,735 SH SOLE 900 45,835 PrivateBancorp, Inc. COM 742962103 $1,344 36,750 SH SOLE 950 35,800 Powerwave Technologies, ICOM 739363109 $14 2,400 SH SOLE 2,400 0 Qlogic Corp. COM 747277101 $8,087 475,700 SH SOLE 7,700 468,000 Respironics, Inc. COM 761230101 $14,241 339,150 SH SOLE 1,150 338,000 Rocky Mountain Chocolate COM PAR $0.03 774678403 $748 55,300 SH SOLE 55,300 Radio One, Inc. CL A 75040P108 $727 112,328 SH SOLE 4,000 108,328 Radio One, Inc.- Class D CL D NON VTG 75040P405 $456 70,585 SH SOLE 1,000 69,585 Rockwell Automation, Inc.COM 773903109 $5,096 85,125 SH SOLE 125 85,000 RPM International, Inc. COM 749685103 $1,781 77,112 SH SOLE 3,000 74,112 Rofin-Sinar Technologies COM 775043102 $1,233 20,830 SH SOLE 450 20,380 IMS Health Inc. COM 449934108 $9,524 321,100 SH SOLE 7,700 313,400 Salem Communications CorpCL A 794093104 $1,858 148,655 SH SOLE 4,100 144,555 Asia Satellite Telecomm. SPONSORED ADR 04516X106 $2,452 107,600 SH SOLE 1,600 106,000 Seacoast Banking CorporatCOM 811707306 $736 32,480 SH SOLE 1,150 31,330 Sally Beauty Holdings, InCOM 79546E104 $7,948 864,900 SH SOLE 864,900 Starbucks Corporation COM 855244109 $5,652 180,225 SH SOLE 225 180,000 STEPAN COMPANY COM 858586100 $10,035 382,300 SH SOLE 382,300 ScanSource, Inc. COM 806037107 $1,916 71,390 SH SOLE 1,850 69,540 Spectra Energy Corp. COM 847560109 $403 15,350 SH SOLE 15,350 Shuffle Master, Inc. COM 825549108 $411 22,500 SH SOLE 22,500 Selective Insurance GroupCOM 816300107 $2 60 SH SOLE 60 Smith International, Inc.COM 832110100 $2,409 50,135 SH SOLE 135 50,000 Six Flags, Inc. COM 83001P109 $7,513 1,250,000 SH SOLE 1,250,000 J.M. Smucker Company (TheCOM 832696405 $2,920 54,756 SH SOLE 3,250 51,506 Sun Hydraulics CorporatioCOM 866942105 $690 25,805 SH SOLE 245 25,560 Sonic Corp. COM 835451105 $1,310 58,800 SH SOLE 265 58,535 Stericycle, Inc. COM 858912108 $2,256 27,675 SH SOLE 175 27,500 St. Jude Medical, Inc. COM 790849103 $7,905 210,190 SH SOLE 190 210,000 Strayer Education, Inc. COM 863236105 $662 5,295 SH SOLE 60 5,235 Constellation Brands, IncCL A 21036P108 $49,896 2,355,800 SH SOLE 2,355,800 Severn Bancorp, Inc. COM 81811M100 $6 300 SH SOLE 300 ServiceMaster Company (ThCOM 81760N109 $1,408 91,500 SH SOLE 91,500 SUPERVALU INC. COM 868536103 $961 24,600 SH SOLE 24,600 Stryker Corporation COM 863667101 $478 7,200 SH SOLE 2,000 5,200 AT&T Inc. COM 00206R102 $591 15,000 SH SOLE 15,000 Texas Capital Bancshares,COM 88224Q107 $1,077 52,545 SH SOLE 1,100 51,445 TECO Energy, Inc. COM 45068B109 $972 56,500 SH SOLE 56,500 Techne Corp. COM 878377100 $2,060 36,080 SH SOLE 285 35,795 Integrys Energy Group, InCOM 45822P105 $622 11,200 SH SOLE 11,200 Tektronix, Inc. COM 879131100 $6,916 245,600 SH SOLE 5,200 240,400 TESSCO Technologies Inc. COM 872386107 $1,055 38,812 SH SOLE 1,600 37,212 Teva Pharmaceutical IndusADR 881624209 $6,867 183,450 SH SOLE 5,150 178,300 Tellabs, Inc. COM 879664100 $119 12,000 SH SOLE 12,000 Fisher Scientific Inc. COM 883556102 $84,629 1,810,236 SH SOLE 3,620 1,806,616 Teekay Offshore Partners PRTNRSP UNITS Y8565J101 $290 10,000 SH SOLE 10,000 Travelers Companies, Inc.COM 89417E109 $1,238 23,906 SH SOLE 4,334 19,572 Tractor Supply Company COM 892356106 $1,280 24,860 SH SOLE 175 24,685 TETRA Technologies, Inc. COM 88162F105 $1,054 42,650 SH SOLE 1,775 40,875 Exploration Co. of DelawaCOM NEW 302133202 $1,545 142,370 SH SOLE 1,970 140,400 Tyco International Ltd. COM 902124106 $61,541 1,950,600 SH SOLE 1,950,600 United Auto Group, Inc. COM 909440109 $1,482 73,020 SH SOLE 1,550 71,470 U.S. Bancorp COM NEW 902973304 $426 12,168 SH SOLE 12,168 United Surgical Parnters COM 913016309 $2,729 88,575 SH SOLE 575 88,000 UST Inc. COM 902911106 $232 4,000 SH SOLE 4,000 Valspar Corp (The) COM 920355104 $56 2,000 SH SOLE 2,000 V.F. Corporation COM 918204108 $843 10,200 SH SOLE 10,200 Meridian Bioscience, Inc.COM 589584101 $586 21,125 SH SOLE 350 20,775 Village Super Market, IncCL A NEW 927107409 $1,165 12,200 SH SOLE 12,200 Vishay Intertechnology, ICOM 928298108 $8,300 593,735 SH SOLE 3,600 590,135 Walgreen Co. COM 931422109 $55,807 1,216,100 SH SOLE 3,000 1,213,100 Websense, Inc. COM 947684106 $1,544 67,170 SH SOLE 575 66,595 WD-40 Company COM 929236107 $1,655 52,195 SH SOLE 1,250 50,945 Waddell & Reed Financial,CL A 930059100 $3,041 130,405 SH SOLE 10,200 120,205 Weyco Group, Inc. COM 962149100 $922 35,500 SH SOLE 35,500 Wells Fargo & Co. COM 949746101 $90 2,600 SH SOLE 2,600 Weatherford InternationalCOM G95089101 $6,549 145,200 SH SOLE 200 145,000 WellPoint Inc. COM 94973V107 $52,715 650,000 SH SOLE 650,000 Wright Medical Group, IncCOM 98235T107 $1,603 71,935 SH SOLE 600 71,335 Wal-Mart Stores, Inc. COM 931142103 $51,664 1,100,400 SH SOLE 1,100,400 VCA Antech, Inc. COM 918194101 $6,766 186,340 SH SOLE 640 185,700 Willis Group Holdings LtdSHS G96655108 $15,893 401,550 SH SOLE 6,450 395,100 Wintrust Financial CorporCOM 97650W108 $1,493 33,465 SH SOLE 600 32,865 Wright Express CorporatioCOM 98233Q105 $2,944 97,075 SH SOLE 1,850 95,225 DENTSPLY International InCOM 249030107 $7,374 225,150 SH SOLE 5,750 219,400 XTO Energy Inc. COM 98385X106 $2,622 47,847 SH SOLE 3,383 44,464 Crosstex Energy, Inc. COM 22765Y104 $3,551 123,525 SH SOLE 300 123,225 Yum! Brands, Inc. COM 988498101 $54,889 950,300 SH SOLE 950,300 Zebra Technologies Corp. CL A 989207105 $8,320 215,500 SH SOLE 250 215,250 $2,941,161
Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ---------- Form 13F Information Table Entry Total: 278 ---------- Form 13F Information Table Value Total: $2,941,161 ---------- (thousands) List of Other Included Managers: NONE Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report: NONE