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
AAR CORP COM 000361105 16,233 584,324 SH   SOLE   569,724 0 14,600
ABBVIE INC COM 00287Y109 2,020 30,861 SH   SOLE   29,890 0 971
ACACIA RESH CORP ACACIA TCH COM 003881307 24,280 1,433,291 SH   SOLE   1,433,291 0 0
ACCURAY INC COM 004397105 11,325 1,500,000 SH   SOLE   1,500,000 0 0
ACTUATE CORP COM 00508B102 5,940 900,000 SH   SOLE   900,000 0 0
ADTRAN INC COM 00738A106 14,214 652,035 SH   SOLE   601,152 0 50,883
AEGEAN MARINE PETROLEUM NETW SHS Y0017S102 14,182 1,011,573 SH   SOLE   993,662 0 17,911
ALBANY INTL CORP CL A 012348108 37,664 991,411 SH   SOLE   991,411 0 0
ALCOA INC COM 013817101 184 11,640 SH   SOLE   11,640 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 27,760 2,000,000 SH   SOLE   2,000,000 0 0
AMPCO-PITTSBURGH CORP COM 032037103 6,738 350,000 SH   SOLE   350,000 0 0
ARCTIC CAT INC COM 039670104 3,333 93,891 SH   SOLE   91,931 0 1,960
ASSOCIATED BANC CORP COM 045487105 70,809 3,800,795 SH   SOLE   3,800,795 0 0
ASTEC INDS INC COM 046224101 17,690 450,000 SH   SOLE   450,000 0 0
AT&T INC COM 00206R102 25,451 757,706 SH   SOLE   701,562 0 56,144
AURICO GOLD INC COM 05155C105 2,138 645,263 SH   SOLE   645,263 0 0
AVERY DENNISON CORP COM 053611109 250 4,826 SH   SOLE   4,826 0 0
AVNET INC COM 053807103 2,186 50,821 SH   SOLE   49,781 0 1,040
AVX CORP NEW COM 002444107 295 21,094 SH   SOLE   21,094 0 0
AXT INC COM 00246W103 375 134,050 SH   SOLE   134,050 0 0
BAKER HUGHES INC COM 057224107 10,222 182,312 SH   SOLE   169,138 0 13,174
BANK NEW YORK MELLON CORP COM 064058100 23,474 578,598 SH   SOLE   529,138 0 49,460
BARRETT BUSINESS SERVICES IN COM 068463108 17,305 631,580 SH   SOLE   608,335 0 23,245
BB&T CORP COM 054937107 21,743 559,095 SH   SOLE   515,406 0 43,689
BEMIS INC COM 081437105 292 6,456 SH   SOLE   6,456 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107 32,178 1,206,967 SH   SOLE   1,206,967 0 0
BLACK BOX CORP DEL COM 091826107 26,564 1,111,453 SH   SOLE   1,111,453 0 0
BOISE CASCADE CO DEL COM 09739D100 38,600 1,039,027 SH   SOLE   953,664 0 85,363
BOSTON PRIVATE FINL HLDGS IN COM 101119105 19,658 1,459,427 SH   SOLE   1,337,588 0 121,839
BP PLC SPONSORED ADR 055622104 3,078 80,748 SH   SOLE   74,758 0 5,990
BRADY CORP CL A 104674106 77,647 2,840,052 SH   SOLE   2,840,052 0 0
BRAVO BRIO RESTAURANT GROUP COM 10567B109 5,564 400,000 SH   SOLE   400,000 0 0
BRIGGS & STRATTON CORP COM 109043109 56,171 2,750,777 SH   SOLE   2,750,777 0 0
BROCADE COMMUNICATIONS SYS I COM NEW 111621306 228 19,270 SH   SOLE   19,270 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 19,220 1,916,213 SH   SOLE   1,835,113 0 81,100
BUNGE LIMITED COM G16962105 27,740 305,135 SH   SOLE   281,736 0 23,399
C D I CORP COM 125071100 33,591 1,896,718 SH   SOLE   1,896,718 0 0
CAMBREX CORP COM 132011107 21,620 1,000,000 SH   SOLE   1,000,000 0 0
CAPITAL BK FINL CORP CL A COM 139794101 17,419 649,953 SH   SOLE   649,953 0 0
CAPITAL CITY BK GROUP INC COM 139674105 6,216 400,000 SH   SOLE   400,000 0 0
CAPITAL ONE FINL CORP COM 14040H105 32,397 392,448 SH   SOLE   365,437 0 27,011
CARETRUST REIT INC COM 14174T107 15,452 1,253,175 SH   SOLE   1,201,125 0 52,050
CENTERSTATE BANKS INC COM 15201P109 20,014 1,680,423 SH   SOLE   1,680,423 0 0
CHECKPOINT SYS INC COM 162825103 2,746 200,000 SH   SOLE   200,000 0 0
CHICOS FAS INC COM 168615102 75,510 4,658,222 SH   SOLE   4,658,222 0 0
CIBER INC COM 17163B102 13,857 3,903,300 SH   SOLE   3,736,100 0 167,200
CISCO SYS INC COM 17275R102 28,526 1,025,544 SH   SOLE   938,133 0 87,411
COBIZ FINANCIAL INC COM 190897108 12,249 932,896 SH   SOLE   932,896 0 0
COHU INC COM 192576106 3,570 300,000 SH   SOLE   300,000 0 0
COMFORT SYS USA INC COM 199908104 5,634 329,100 SH   SOLE   329,100 0 0
COMMERCIAL METALS CO COM 201723103 43,259 2,655,552 SH   SOLE   2,655,552 0 0
COMMERCIAL VEH GROUP INC COM 202608105 4,995 750,000 SH   SOLE   750,000 0 0
COMPUTER TASK GROUP INC COM 205477102 5,731 601,332 SH   SOLE   601,332 0 0
COMSTOCK RES INC COM NEW 205768203 25,033 3,675,951 SH   SOLE   3,675,951 0 0
CORNING INC COM 219350105 2,985 130,184 SH   SOLE   130,184 0 0
CROSS CTRY HEALTHCARE INC COM 227483104 12,480 1,000,000 SH   SOLE   1,000,000 0 0
CTS CORP COM 126501105 39,297 2,204,002 SH   SOLE   2,204,002 0 0
CUI GLOBAL INC COM NEW 126576206 5,588 750,000 SH   SOLE   750,000 0 0
CYBEROPTICS CORP COM 232517102 5,766 600,000 SH   SOLE   600,000 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 59,125 4,140,393 SH   SOLE   4,140,393 0 0
DEAN FOODS CO NEW COM NEW 242370203 66,891 3,451,525 SH   SOLE   3,451,525 0 0
DENNYS CORP COM 24869P104 12,888 1,250,000 SH   SOLE   1,250,000 0 0
DESTINATION XL GROUP INC COM 25065K104 5,460 1,000,000 SH   SOLE   1,000,000 0 0
DEVON ENERGY CORP NEW COM 25179M103 22,016 359,686 SH   SOLE   325,838 0 33,848
DEVRY ED GROUP INC COM 251893103 2,519 53,075 SH   SOLE   53,075 0 0
DIEBOLD INC COM 253651103 296 8,557 SH   SOLE   8,557 0 0
DIGIRAD CORP COM 253827109 7,041 1,614,800 SH   SOLE   1,614,800 0 0
DIGITAL RLTY TR INC COM 253868103 36,606 552,129 SH   SOLE   508,533 0 43,596
DONEGAL GROUP INC CL A 257701201 4,182 261,720 SH   SOLE   261,720 0 0
DOUGLAS DYNAMICS INC COM 25960R105 10,718 500,134 SH   SOLE   500,134 0 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 1,562 21,785 SH   SOLE   21,785 0 0
DSP GROUP INC COM 23332B106 8,153 750,000 SH   SOLE   750,000 0 0
DUN & BRADSTREET CORP DEL NE COM 26483E100 3,211 26,550 SH   SOLE   26,455 0 95
DYNAMIC MATLS CORP COM 267888105 19,872 1,240,462 SH   SOLE   1,240,462 0 0
ELECTRO RENT CORP COM 285218103 16,120 1,148,116 SH   SOLE   1,148,116 0 0
ENCORE WIRE CORP COM 292562105 50,755 1,359,628 SH   SOLE   1,359,628 0 0
ENDURANCE SPECIALTY HLDGS LT SHS G30397106 19,528 326,332 SH   SOLE   326,332 0 0
ENSIGN GROUP INC COM 29358P101 30,840 694,750 SH   SOLE   676,350 0 18,400
ENTEGRIS INC COM 29362U104 35,210 2,665,395 SH   SOLE   2,665,395 0 0
EPLUS INC COM 294268107 26,703 352,795 SH   SOLE   352,795 0 0
ESCO TECHNOLOGIES INC COM 296315104 53,656 1,454,087 SH   SOLE   1,454,087 0 0
FABRINET SHS G3323L100 30,933 1,743,659 SH   SOLE   1,626,711 0 116,948
FEDERAL SIGNAL CORP COM 313855108 103,523 6,704,879 SH   SOLE   6,704,879 0 0
FIRST HORIZON NATL CORP COM 320517105 24,204 1,782,345 SH   SOLE   1,782,345 0 0
FIRST INTST BANCSYSTEM INC COM CL A 32055Y201 15,045 540,801 SH   SOLE   499,594 0 41,207
FORD MTR CO DEL COM PAR $0.01 345370860 4,794 309,299 SH   SOLE   282,193 0 27,106
FOSTER L B CO COM 350060109 9,714 200,000 SH   SOLE   200,000 0 0
FRANKLIN STREET PPTYS CORP COM 35471R106 12,545 1,022,448 SH   SOLE   957,341 0 65,107
FREDS INC CL A 356108100 75,042 4,310,308 SH   SOLE   4,262,398 0 47,910
FREIGHTCAR AMER INC COM 357023100 43,149 1,640,027 SH   SOLE   1,640,027 0 0
FUEL TECH INC COM 359523107 3,064 800,000 SH   SOLE   800,000 0 0
FURMANITE CORPORATION COM 361086101 4,064 519,640 SH   SOLE   470,970 0 48,670
FXCM INC COM CL A 302693106 12,428 750,000 SH   SOLE   750,000 0 0
GIBRALTAR INDS INC COM 374689107 5,691 350,000 SH   SOLE   350,000 0 0
GLACIER BANCORP INC NEW COM 37637Q105 31,821 1,145,867 SH   SOLE   1,145,867 0 0
GLOBAL POWER EQUIPMENT GRP I COM PAR $0.01 37941P306 7,086 513,100 SH   SOLE   513,100 0 0
GLOBE SPECIALTY METALS INC COM 37954N206 16,676 967,852 SH   SOLE   967,852 0 0
GOLDEN STAR RES LTD CDA COM 38119T104 2,278 10,848,673 SH   SOLE   10,848,673 0 0
GRANITE CONSTR INC COM 387328107 88,729 2,333,749 SH   SOLE   2,333,749 0 0
GREIF INC CL A 397624107 40,566 858,902 SH   SOLE   858,902 0 0
GULF ISLAND FABRICATION INC COM 402307102 28,879 1,489,362 SH   SOLE   1,489,362 0 0
HARDINGE INC COM 412324303 3,576 300,000 SH   SOLE   300,000 0 0
HARRIS CORP DEL COM 413875105 2,454 34,169 SH   SOLE   34,169 0 0
HARSCO CORP COM 415864107 5,667 300,000 SH   SOLE   300,000 0 0
HARTE-HANKS INC COM 416196103 33,872 4,376,198 SH   SOLE   4,376,198 0 0
HARVARD BIOSCIENCE INC COM 416906105 1,701 300,000 SH   SOLE   300,000 0 0
HAYNES INTERNATIONAL INC COM NEW 420877201 17,622 363,341 SH   SOLE   331,705 0 31,636
HEALTH NET INC COM 42222G108 235 4,384 SH   SOLE   4,384 0 0
HEIDRICK & STRUGGLES INTL IN COM 422819102 41,797 1,813,301 SH   SOLE   1,813,301 0 0
HERITAGE FINL CORP WASH COM 42722X106 8,389 478,000 SH   SOLE   478,000 0 0
HESS CORP COM 42809H107 9,047 122,554 SH   SOLE   111,993 0 10,561
HF FINL CORP COM 404172108 4,883 350,000 SH   SOLE   350,000 0 0
HOME LN SERVICING SOLUTIONS ORD SHS G6648D109 5,853 299,845 SH   SOLE   282,890 0 16,955
HOOPER HOLMES INC COM 439104100 5,540 10,654,567 SH   SOLE   10,174,130 0 480,437
HOUSTON WIRE & CABLE CO COM 44244K109 3,268 273,433 SH   SOLE   273,433 0 0
HUDSON GLOBAL INC COM 443787106 14,126 4,556,844 SH   SOLE   4,347,638 0 209,206
HUDSON TECHNOLOGIES INC COM 444144109 9,425 2,500,000 SH   SOLE   2,500,000 0 0
HUNTINGTON BANCSHARES INC COM 446150104 303 28,792 SH   SOLE   28,792 0 0
IAMGOLD CORP COM 450913108 18,690 6,917,050 SH   SOLE   6,735,025 0 182,025
INDEPENDENT BANK CORP MASS COM 453836108 40,043 935,357 SH   SOLE   935,357 0 0
INTERDIGITAL INC COM 45867G101 63,463 1,199,688 SH   SOLE   1,187,273 0 12,415
INTREPID POTASH INC COM 46121Y102 77,457 5,580,483 SH   SOLE   5,580,483 0 0
INVACARE CORP COM 461203101 72,681 4,336,560 SH   SOLE   4,300,569 0 35,991
INVESTORS REAL ESTATE TR SH BEN INT 461730103 151 18,500 SH   SOLE   3,500 0 15,000
JANUS CAP GROUP INC COM 47102X105 49,945 3,096,405 SH   SOLE   3,057,605 0 38,800
JASON INDS INC COM 471172106 11,673 1,185,096 SH   SOLE   1,152,406 0 32,690
JETBLUE AIRWAYS CORP COM 477143101 37,695 2,376,752 SH   SOLE   2,161,272 0 215,480
JOHN BEAN TECHNOLOGIES CORP COM 477839104 1,857 56,522 SH   SOLE   56,522 0 0
JOHNSON CTLS INC COM 478366107 4,038 83,526 SH   SOLE   83,526 0 0
JOY GLOBAL INC COM 481165108 202 4,335 SH   SOLE   4,335 0 0
KBR INC COM 48242W106 15,064 888,710 SH   SOLE   811,364 0 77,346
KNOWLES CORP COM 49926D109 29,737 1,262,719 SH   SOLE   1,262,719 0 0
LANDEC CORP COM 514766104 4,143 300,000 SH   SOLE   300,000 0 0
LAWSON PRODS INC COM 520776105 8,808 331,501 SH   SOLE   331,501 0 0
LEAPFROG ENTERPRISES INC CL A 52186N106 1,416 300,000 SH   SOLE   300,000 0 0
LEIDOS HLDGS INC COM 525327102 18,496 425,000 SH   SOLE   425,000 0 0
LEXMARK INTL NEW CL A 529771107 4,234 102,598 SH   SOLE   101,386 0 1,212
LHC GROUP INC COM 50187A107 12,472 400,000 SH   SOLE   400,000 0 0
LINCOLN EDL SVCS CORP COM 533535100 10,949 3,882,696 SH   SOLE   3,685,181 0 197,515
LSB FINL CORP COM 502160104 10,417 331,316 SH   SOLE   302,533 0 28,783
LYDALL INC DEL COM 550819106 19,692 600,000 SH   SOLE   600,000 0 0
M D C HLDGS INC COM 552676108 58,689 2,217,196 SH   SOLE   2,217,196 0 0
MAGNETEK INC COM NEW 559424403 12,195 299,999 SH   SOLE   299,999 0 0
MAINSOURCE FINANCIAL GP INC COM 56062Y102 10,460 500,000 SH   SOLE   500,000 0 0
MANTECH INTL CORP CL A 564563104 51,594 1,706,722 SH   SOLE   1,705,527 0 1,195
MARTEN TRANS LTD COM 573075108 9,837 450,000 SH   SOLE   450,000 0 0
MASTEC INC COM 576323109 1,937 85,656 SH   SOLE   82,998 0 2,658
MATERION CORP COM 576690101 57,416 1,629,756 SH   SOLE   1,629,756 0 0
MATTEL INC COM 577081102 2,705 87,424 SH   SOLE   85,481 0 1,943
MEADOWBROOK INS GROUP INC COM 58319P108 6,309 745,780 SH   SOLE   745,780 0 0
MERCURY SYS INC COM 589378108 5,571 400,200 SH   SOLE   382,400 0 17,800
MFRI INC COM 552721102 1,753 250,000 SH   SOLE   250,000 0 0
MGP INGREDIENTS INC NEW COM 55303J106 11,102 700,000 SH   SOLE   700,000 0 0
MICREL INC COM 594793101 23,250 1,602,346 SH   SOLE   1,602,346 0 0
MIDSOUTH BANCORP INC COM 598039105 9,537 550,000 SH   SOLE   550,000 0 0
MKS INSTRUMENT INC COM 55306N104 46,224 1,262,943 SH   SOLE   1,262,943 0 0
MOLSON COORS BREWING OC CL B 60871R209 1,438 19,295 SH   SOLE   19,295 0 0
MOMENTA PHARMACEUTICALS INC COM 60877T100 14,647 1,216,500 SH   SOLE   1,146,200 0 70,300
MOSAIC CO NEW COM 61945C103 18,219 399,101 SH   SOLE   362,277 0 36,824
MURPHY USA INC COM 626755102 49,115 713,264 SH   SOLE   674,334 0 38,930
NAVIGANT CONSULTING INC COM 63935N107 50,991 3,317,578 SH   SOLE   3,293,578 0 24,000
NCI INC CL A 62886K104 3,011 294,885 SH   SOLE   294,885 0 0
NEWPARK RES INC COM PAR $.01NEW 651718504 19,080 2,000,000 SH   SOLE   2,000,000 0 0
NORTHWEST PIPE CO COM 667746101 12,048 400,000 SH   SOLE   400,000 0 0
OIL DRI CORP AMER COM 677864100 3,263 100,000 SH   SOLE   100,000 0 0
OLD NATL BANCORP IND COM 680033107 61,636 4,142,231 SH   SOLE   4,142,231 0 0
OLIN CORP COM PAR $1 680665205 321 14,115 SH   SOLE   14,115 0 0
OLYMPIC STEEL INC COM 68162K106 8,890 500,000 SH   SOLE   500,000 0 0
OM GROUP INC COM 670872100 31,289 1,049,967 SH   SOLE   1,049,967 0 0
OMNOVA SOLUTIONS INC COM 682129101 3,256 400,000 SH   SOLE   400,000 0 0
ONEBEACON INSURANCE GROUP LT CL A G67742109 17,591 1,085,886 SH   SOLE   1,085,886 0 0
OSHKOSH CORP COM 688239201 4,839 99,465 SH   SOLE   90,758 0 8,707
OWENS & MINOR INC NEW COM 690732102 57,922 1,649,717 SH   SOLE   1,649,717 0 0
OWENS CORNING NEW COM 690742101 207 5,786 SH   SOLE   5,786 0 0
PACIFIC CONTINENTAL CORP COM 69412V108 5,672 400,000 SH   SOLE   400,000 0 0
PARK ELECTROCHEMICAL CORP COM 700416209 51,052 2,047,797 SH   SOLE   2,047,797 0 0
PC-TEL INC COM 69325Q105 5,562 642,308 SH   SOLE   642,308 0 0
PDI INC COM 69329V100 4,860 2,715,114 SH   SOLE   2,618,133 0 96,981
PENFORD CORP COM 707051108 11,214 600,000 SH   SOLE   600,000 0 0
PERMA-FIX ENVIRONMENTAL SVCS COM NEW 714157203 7,214 1,658,472 SH   SOLE   1,526,452 0 132,020
PFIZER INC COM 717081103 27,636 887,198 SH   SOLE   822,900 0 64,298
PHARMERICA CORP COM 71714F104 4,142 200,000 SH   SOLE   200,000 0 0
PHOTRONICS INC COM 719405102 20,728 2,494,338 SH   SOLE   2,277,677 0 216,661
PIONEER PWR SOLUTIONS INC COM NEW 723836300 4,675 500,000 SH   SOLE   500,000 0 0
PMFG INC COM 69345P103 2,615 500,000 SH   SOLE   500,000 0 0
PNC FINL SVCS GROUP INC COM 693475105 27,892 305,735 SH   SOLE   283,351 0 22,384
POLYCOM INC COM 73172K104 4,050 300,000 SH   SOLE   300,000 0 0
POPULAR INC COM NEW 733174700 430 12,616 SH   SOLE   12,616 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 32,739 630,318 SH   SOLE   586,566 0 43,752
PROVIDENT FINL SVCS INC COM 74386T105 31,771 1,759,194 SH   SOLE   1,759,194 0 0
QLOGIC CORP COM 747277101 7,024 527,300 SH   SOLE   487,400 0 39,900
QUAD / GRAPHICS INC COM CL A 747301109 7,807 340,005 SH   SOLE   340,005 0 0
QUANEX BUILDING PRODUCTS COR COM 747619104 61,241 3,260,953 SH   SOLE   3,260,953 0 0
QUEST DIAGNOSTICS INC COM 74834L100 31,925 476,061 SH   SOLE   439,746 0 36,315
RCM TECHNOLOGIES INC COM NEW 749360400 7,700 1,100,000 SH   SOLE   1,100,000 0 0
REGAL BELOIT CORP COM 758750103 251 3,343 SH   SOLE   3,343 0 0
REGIS CORP MINN COM 758932107 99,883 5,959,618 SH   SOLE   5,937,635 0 21,983
REINSURANCE GROUP AMER INC COM NEW 759351604 473 5,399 SH   SOLE   5,399 0 0
RENASANT CORP COM 75970E107 27,382 946,507 SH   SOLE   946,507 0 0
RESOURCES CONNECTION INC COM 76122Q105 53,314 3,240,977 SH   SOLE   3,240,977 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 41,442 502,753 SH   SOLE   468,108 0 34,645
RTI INTL METALS INC COM 74973W107 19,177 759,165 SH   SOLE   693,259 0 65,906
RYDER SYS INC COM 783549108 18,655 200,912 SH   SOLE   188,370 0 12,542
S & T BANCORP INC COM 783859101 2,981 100,000 SH   SOLE   100,000 0 0
SCORPIO TANKERS INC SHS Y7542C106 19,991 2,300,433 SH   SOLE   2,159,191 0 141,242
SIGNAL GENETICS INC COM 826640104 487 191,700 SH   SOLE   191,700 0 0
SILICON IMAGE INC COM 82705T102 17,536 3,176,900 SH   SOLE   2,974,785 0 202,115
SONIC AUTOMOTIVE INC CL A 83545G102 9,711 359,150 SH   SOLE   339,900 0 19,250
SPARTAN MTRS INC COM 846819100 2,367 450,000 SH   SOLE   450,000 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 4,425 102,800 SH   SOLE   102,800 0 0
STAAR SURGICAL CO COM PAR $0.01 852312305 911 100,000 SH   SOLE   100,000 0 0
STANLEY BLACK & DECKER INC COM 854502101 2,993 31,148 SH   SOLE   30,503 0 645
STARTEK INC COM 85569C107 16,386 1,680,655 SH   SOLE   1,632,385 0 48,270
STATE AUTO FINL CORP COM 855707105 6,666 300,000 SH   SOLE   300,000 0 0
STERLING CONSTRUCTION CO INC COM 859241101 6,390 1,000,000 SH   SOLE   1,000,000 0 0
STONE ENERGY CORP COM 861642106 29,011 1,718,667 SH   SOLE   1,718,667 0 0
STONERIDGE INC COM 86183P102 6,430 500,000 SH   SOLE   500,000 0 0
SUN CMNTYS INC COM 866674104 3,420 56,566 SH   SOLE   55,656 0 910
SUNTRUST BKS INC COM 867914103 442 10,560 SH   SOLE   10,560 0 0
SUPREME INDS INC CL A 868607102 10,237 1,450,000 SH   SOLE   1,450,000 0 0
SYMETRA FINL CORP COM 87151Q106 6,995 303,490 SH   SOLE   292,400 0 11,090
SYNALLOY CP DEL COM 871565107 7,044 400,000 SH   SOLE   400,000 0 0
SYPRIS SOLUTIONS INC COM 871655106 792 300,000 SH   SOLE   300,000 0 0
SYSTEMAX INC COM 871851101 1,217 90,147 SH   SOLE   90,147 0 0
TCF FINL CORP COM 872275102 55,061 3,465,125 SH   SOLE   3,420,315 0 44,810
TECHTARGET INC COM 87874R100 4,207 370,000 SH   SOLE   370,000 0 0
TERADATA CORP DEL COM 88076W103 12,856 294,318 SH   SOLE   272,061 0 22,257
TERADYNE INC COM 880770102 20,204 1,020,915 SH   SOLE   936,501 0 84,414
TETRA TECHNOLOGIES INC DEL COM 88162F105 7,198 1,077,500 SH   SOLE   1,077,500 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 27,917 485,426 SH   SOLE   447,493 0 37,933
THE ADT CORPORATION COM 00101J106 22,253 614,205 SH   SOLE   571,029 0 43,176
TIDEWATER INC COM 886423102 21,102 651,110 SH   SOLE   598,248 0 52,862
TRANSCAT INC COM 893529107 5,107 507,151 SH   SOLE   507,151 0 0
TRC COS INC COM 872625108 17,819 2,810,544 SH   SOLE   2,702,595 0 107,949
TRICO BANCSHARES COM 896095106 9,320 377,320 SH   SOLE   377,320 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 20,831 1,189,670 SH   SOLE   1,163,540 0 26,130
TRIPLE-S MGMT CORP CL B 896749108 28,704 1,200,493 SH   SOLE   1,100,174 0 100,319
TRISTATE CAP HLDGS INC COM 89678F100 13,000 1,269,484 SH   SOLE   1,223,806 0 45,678
TRONOX LTD SHS CL A Q9235V101 44,941 1,881,957 SH   SOLE   1,881,957 0 0
TWIN DISC INC COM 901476101 11,420 575,000 SH   SOLE   575,000 0 0
ULTRA PETROLEUM CORP COM 903914109 39,235 2,981,409 SH   SOLE   2,981,409 0 0
UMPQUA HLDGS CORP COM 904214103 60,430 3,552,632 SH   SOLE   3,552,632 0 0
UNION BANKSHARES CORP NEW COM 90539J109 39,257 1,630,280 SH   SOLE   1,630,280 0 0
UNIT CORP COM 909218109 87,620 2,569,500 SH   SOLE   2,534,970 0 34,530
UNITED INS HLDGS CORP COM 910710102 5,488 250,000 SH   SOLE   250,000 0 0
UNITED STATIONERS INC COM 913004107 38,856 921,641 SH   SOLE   853,247 0 68,394
UNIVERSAL FST PRODS INC COM 913543104 83,661 1,572,581 SH   SOLE   1,541,076 0 31,505
UNIVERSAL TECHNICAL INST INC COM 913915104 4,920 500,000 SH   SOLE   500,000 0 0
USANA HEALTH SCIENCES INC COM 90328M107 2,565 25,000 SH   SOLE   25,000 0 0
VISHAY PRECISION GROUP INC COM 92835K103 4,290 250,000 SH   SOLE   250,000 0 0
WASHINGTON FED INC COM 938824109 13,743 620,435 SH   SOLE   569,370 0 51,065
WCI CMNTYS INC COM PAR $0.01 92923C807 8,815 450,198 SH   SOLE   425,158 0 25,040
WESTELL TECHNOLOGIES INC CL A 957541105 4,500 3,000,000 SH   SOLE   3,000,000 0 0
WESTERN UN CO COM 959802109 252 14,085 SH   SOLE   14,085 0 0
WILLBROS GROUP INC DEL COM 969203108 19,368 3,089,073 SH   SOLE   3,035,521 0 53,552
WPX ENERGY INC COM 98212B103 36,320 3,122,922 SH   SOLE   3,122,922 0 0
YAMANA GOLD INC COM 98462Y100 686 170,000 SH   SOLE   170,000 0 0
ZEP INC COM 98944B108 34,203 2,257,612 SH   SOLE   2,257,612 0 0
ZIONS BANCORPORATION COM 989701107 9,470 332,181 SH   SOLE   304,575 0 27,606