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
Aerojet Rocketdyne Holdings COM 007800105 100,552 5,500,631 SH   SOLE   4,530,122 0 970,509
Aerojet Rocketdyne Holdings COM 007800105 1,353 74,012 SH   OTR 4 74,012 0 0
Amdocs LTD COM G02602103 116,371 2,016,137 SH   SOLE   1,074,530 0 941,607
Amerisafe Inc. COM 03071H100 36,386 594,352 SH   SOLE   531,035 0 63,317
Amerisafe Inc. COM 03071H100 1,017 16,620 SH   OTR 4 16,620 0 0
Ares Capital Corp. COM 04010L103 19,095 1,344,735 SH   SOLE   1,123,560 0 221,175
Ares Capital Corp. COM 04010L103 493 34,732 SH   OTR 4 34,732 0 0
Autozone Inc. COM 053332102 166,776 210,088 SH   SOLE   122,820 0 87,268
Belmond LTD COM G1154H107 42,318 4,274,545 SH   SOLE   3,724,980 0 549,565
Belmond LTD COM G1154H107 1,144 115,523 SH   OTR 4 115,523 0 0
Bristol-Myers Squibb Co. COM 110122108 611 8,312 SH   SOLE   8,312 0 0
Brookdale Sr Living Inc. COM 112463104 79,071 5,121,174 SH   SOLE   4,307,967 0 813,207
Brookdale Sr Living Inc. COM 112463104 1,189 76,984 SH   OTR 4 76,984 0 0
Brookfield Asset Mgmt Inc. Cla COM 112585104 61,474 1,858,901 SH   SOLE   790,978 0 1,067,923
Brookfield Business Partners L COM G16234109 700 36,656 SH   SOLE   15,788 0 20,868
Brookfield Infrast Partners LP COM G16252101 416 9,195 SH   SOLE   9,195 0 0
Cardtronics Inc COM 14161H108 94,540 2,374,785 SH   SOLE   1,986,970 0 387,815
Cardtronics Inc COM 14161H108 1,374 34,521 SH   OTR 4 34,521 0 0
CGI Group Inc - Class A COM 39945C109 146,776 3,436,568 SH   SOLE   1,916,225 0 1,520,343
Corrections Corp of America COM 22025Y407 126,227 3,604,438 SH   SOLE   2,485,079 0 1,119,359
Corrections Corp of America COM 22025Y407 1,038 29,644 SH   OTR 4 29,644 0 0
Discovery Comm Cl A COM 25470F104 86,173 3,415,511 SH   SOLE   1,851,375 0 1,564,136
Dish Network Corp Class A COM 25470M109 59,540 1,136,261 SH   SOLE   509,511 0 626,750
Dorman Products Inc COM 258278100 62,287 1,088,930 SH   SOLE   946,910 0 142,020
Dorman Products Inc COM 258278100 1,672 29,228 SH   OTR 4 29,228 0 0
Dun & Bradstreet Corp COM 26483E100 126,181 1,035,625 SH   SOLE   569,305 0 466,320
FedEx Corp. COM 31428X106 52,129 343,448 SH   SOLE   154,659 0 188,789
First Cash Financial Services COM 31942D107 50,121 976,439 SH   SOLE   851,034 0 125,405
First Cash Financial Services COM 31942D107 1,325 25,817 SH   OTR 4 25,817 0 0
First Horizon Natl Corp COM 320517105 279 20,217 SH   SOLE   20,217 0 0
Fiserv Inc COM 337738108 133,367 1,226,586 SH   SOLE   687,067 0 539,519
Flowserve Corp COM 34354P105 81,072 1,794,825 SH   SOLE   910,762 0 884,063
FMC Corp. COM 302491303 14,884 321,410 SH   SOLE   104,510 0 216,900
Gannett Inc. COM 36473H104 116,613 8,444,117 SH   SOLE   5,866,481 0 2,577,636
Gannett Inc. COM 36473H104 1,097 79,441 SH   OTR 4 79,441 0 0
Haynes International Inc COM 420877201 18,176 566,583 SH   SOLE   498,018 0 68,565
Haynes International Inc COM 420877201 461 14,364 SH   OTR 4 14,364 0 0
Howard Hughes Corp COM 44267D107 116,419 1,018,360 SH   SOLE   721,081 0 297,279
Howard Hughes Corp COM 44267D107 1,188 10,390 SH   OTR 4 10,390 0 0
HSN Inc. COM 404303109 74,553 1,523,665 SH   SOLE   1,286,350 0 237,315
HSN Inc. COM 404303109 1,117 22,833 SH   OTR 4 22,833 0 0
Infinity Property & Casualty C COM 45665Q103 46,153 572,195 SH   SOLE   504,350 0 67,845
Infinity Property & Casualty C COM 45665Q103 1,141 14,146 SH   OTR 4 14,146 0 0
International Business Machine COM 459200101 228 1,500 SH   SOLE   1,500 0 0
Interval Leisure Group Inc COM 46113M108 39,251 2,468,605 SH   SOLE   2,153,940 0 314,665
Interval Leisure Group Inc COM 46113M108 885 55,690 SH   OTR 4 55,690 0 0
Kinder Morgan Inc COM 49456B101 341 18,193 SH   SOLE   18,193 0 0
Liberty Interactive Corp QVC G COM 53071M104 60,636 2,390,082 SH   SOLE   938,143 0 1,451,939
Liberty Ventures Series A COM 53071M880 23,228 626,600 SH   SOLE   251,777 0 374,823
MacQuarie Infrastructure Corp COM 55608B105 230 3,100 SH   SOLE   3,100 0 0
Mettler Toledo International COM 592688105 32,416 88,830 SH   SOLE   69,930 0 18,900
MSC Industrial Direct Co-A COM 553530106 151,843 2,151,977 SH   SOLE   1,385,102 0 766,875
MSC Industrial Direct Co-A COM 553530106 1,134 16,075 SH   OTR 4 16,075 0 0
MTS Systems Corp COM 553777103 26,445 603,226 SH   SOLE   527,261 0 75,965
MTS Systems Corp COM 553777103 699 15,933 SH   OTR 4 15,933 0 0
Open Text Corp COM 683715106 204,229 3,452,148 SH   SOLE   1,879,565 0 1,572,583
Pool Corp. COM 73278L105 38,175 405,990 SH   SOLE   354,980 0 51,010
Pool Corp. COM 73278L105 1,002 10,652 SH   OTR 4 10,652 0 0
Rush Enterprises Inc Class A COM 781846209 39,314 1,824,294 SH   SOLE   1,593,154 0 231,140
Rush Enterprises Inc Class A COM 781846209 1,023 47,460 SH   OTR 4 47,460 0 0
Scripps Networks Interactive C COM 811065101 73,020 1,172,640 SH   SOLE   694,921 0 477,719
Service Corp International COM 817565104 72,273 2,672,829 SH   SOLE   1,740,129 0 932,700
Sirius XM Holdings Inc. COM 82968B103 80,644 20,416,207 SH   SOLE   9,054,884 0 11,361,323
Stanley Black & Decker COM 854502101 58,094 522,331 SH   SOLE   212,707 0 309,624
TEGNA Inc COM 87901J105 169,691 7,323,747 SH   SOLE   4,036,260 0 3,287,487
Teleflex Inc COM 879369106 111,991 631,612 SH   SOLE   337,220 0 294,392
Thermo Fisher Scientific Inc. COM 883556102 139,398 943,405 SH   SOLE   616,505 0 326,900
Thermon Group Holding Inc COM 88362T103 20,855 1,085,624 SH   SOLE   954,334 0 131,290
Thermon Group Holding Inc COM 88362T103 545 28,358 SH   OTR 4 28,358 0 0
Tribune Media Co COM 896047503 73,672 1,880,353 SH   SOLE   939,540 0 940,813
UniFirst Corp COM 904708104 38,052 328,831 SH   SOLE   285,391 0 43,440
UniFirst Corp COM 904708104 979 8,456 SH   OTR 4 8,456 0 0
ViaSat Inc COM 92552V100 153,439 2,149,002 SH   SOLE   1,494,533 0 654,469
ViaSat Inc COM 92552V100 1,340 18,762 SH   OTR 4 18,762 0 0
Walter Investment Management C COM 93317W102 10,494 3,802,046 SH   SOLE   2,801,904 0 1,000,142
Walter Investment Management C COM 93317W102 111 40,180 SH   OTR 4 40,180 0 0
Wesco Intl Inc COM 95082P105 29,631 575,475 SH   SOLE   499,535 0 75,940
Wesco Intl Inc COM 95082P105 777 15,097 SH   OTR 4 15,097 0 0
Western Union Co COM 959802109 11,432 596,038 SH   SOLE   201,939 0 394,099
Willis Towers Watson PLC COM G96629103 59,701 480,262 SH   SOLE   210,428 0 269,834
Xylem Inc COM 98419M100 72,195 1,616,909 SH   SOLE   1,048,535 0 568,374
Zebra Technologies Corp Cl A COM 989207105 129,049 2,575,821 SH   SOLE   1,685,497 0 890,324
Zebra Technologies Corp Cl A COM 989207105 1,059 21,144 SH   OTR 4 21,144 0 0
iShares - Barclays 1-3 Credit MF 464288646 666 6,274 SH   SOLE   6,274 0 0
iShares - Barclays Intermediat MF 464288638 472 4,245 SH   SOLE   4,245 0 0
iShares - High Yield Corporate MF 464288513 1,221 14,415 SH   SOLE   14,415 0 0
SPDR High Yield Bond Fund MF 78464A417 478 13,400 SH   SOLE   13,400 0 0
Vanguard Short Term Govt Bond MF 92206C102 233 3,785 SH   SOLE   3,785 0 0
iShares - Dow Jones Select Div MF 464287168 2,209 25,900 SH   SOLE   25,900 0 0
iShares - Russell 2000 MF 464287655 7,544 65,615 SH   SOLE   65,615 0 0
iShares - Russell 2000 Value MF 464287630 26,341 270,745 SH   SOLE   189,655 0 81,090
iShares - Russell 3000 MF 464287689 719 5,800 SH   SOLE   0 0 5,800
iShares - Russell Midcap Value MF 464287473 37,442 504,000 SH   SOLE   42,500 0 461,500