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
ABB LTD SPONSORED ADR 000375204 55,166 2,605,862 SH   SOLE   366,075 0 2,239,787
ABBVIE INC COM 00287Y109 65,148 1,112,888 SH   SOLE   161,355 0 951,533
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 43,260 2,532,773 SH   SOLE   365,350 0 2,167,423
AT&T INC COM 00206R102 70,817 2,168,972 SH   SOLE   329,470 0 1,839,502
BCE INC COM NEW 05534B760 72,843 1,719,627 SH   SOLE   250,630 0 1,468,997
BUCKLE INC COM 118440106 45,855 897,543 SH   SOLE   132,038 0 765,505
CINEMARK HOLDINGS INC COM 17243V102 57,872 1,284,040 SH   SOLE   188,096 0 1,095,944
CISCO SYS INC COM 17275R102 48,422 1,759,206 SH   SOLE   275,600 0 1,483,606
CORRECTIONS CORP AMER NEW COM NEW 22025Y407 41,402 1,028,356 SH   SOLE   146,935 0 881,421
DORCHESTER MINERALS LP COM UNIT 25820R105 6,385 280,795 SH   SOLE   1,050 0 279,745
DOW CHEM CO COM 260543103 74,409 1,550,830 SH   SOLE   233,000 0 1,317,830
EATON CORP PLC SHS G29183103 66,066 972,413 SH   SOLE   144,925 0 827,488
ENDURO RTY TR TR UNIT 29269K100 5,472 1,334,527 SH   SOLE   268,870 0 1,065,657
EXXON MOBIL CORP COM 30231G102 265 3,117 SH   SOLE   0 0 3,117
FEDERATED INVS INC PA CL B 314211103 44,212 1,304,580 SH   SOLE   218,315 0 1,086,265
FNB CORP PA COM 302520101 62,042 4,721,609 SH   SOLE   737,105 0 3,984,504
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 63,713 1,380,556 SH   SOLE   205,100 0 1,175,456
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 32,626 988,968 SH   SOLE   141,815 0 847,153
INTEL CORP COM 458140100 40,418 1,292,540 SH   SOLE   184,260 0 1,108,280
LAMAR ADVERTISING CO NEW CL A 512816109 58,331 984,160 SH   SOLE   153,985 0 830,175
MAXIM INTEGRATED PRODS INC COM 57772K101 37,909 1,089,024 SH   SOLE   155,245 0 933,779
MCCORMICK & CO INC COM NON VTG 579780206 208 2,700 SH   SOLE   0 0 2,700
MERCK & CO INC NEW COM 58933Y105 40,775 709,371 SH   SOLE   110,443 0 598,928
MICROCHIP TECHNOLOGY INC COM 595017104 41,116 840,816 SH   SOLE   131,275 0 709,541
NUCOR CORP COM 670346105 48,280 1,015,775 SH   SOLE   156,510 0 859,265
OUTFRONT MEDIA INC COM 69007J106 55,610 1,858,606 SH   SOLE   290,162 0 1,568,444
PEARSON PLC SPONSORED ADR 705015105 70,721 3,272,613 SH   SOLE   448,625 0 2,823,988
PEOPLES UNITED FINANCIAL INC COM 712704105 62,455 4,108,910 SH   SOLE   641,310 0 3,467,600
PLUM CREEK TIMBER CO INC COM 729251108 41,344 951,523 SH   SOLE   138,055 0 813,468
POTASH CORP SASK INC COM 73755L107 59,839 1,855,467 SH   SOLE   271,745 0 1,583,722
PUBLIC SVC ENTERPRISE GROUP COM 744573106 41,575 991,770 SH   SOLE   153,550 0 838,220
REGAL ENTMT GROUP CL A 758766109 58,014 2,540,028 SH   SOLE   381,020 0 2,159,008
RYMAN HOSPITALITY PPTYS INC COM 78377T107 54,004 886,616 SH   SOLE   126,405 0 760,211
SEAGATE TECHNOLOGY PLC SHS G7945M107 32,001 615,058 SH   SOLE   88,655 0 526,403
SIX FLAGS ENTMT CORP NEW COM 83001A102 50,791 1,049,186 SH   SOLE   154,566 0 894,620
SONOCO PRODS CO COM 835495102 31,550 694,021 SH   SOLE   99,955 0 594,066
THOMSON REUTERS CORP COM 884903105 49,247 1,214,183 SH   SOLE   187,120 0 1,027,063
VERMILION ENERGY INC COM 923725105 59,502 1,414,010 SH   SOLE   211,375 0 1,202,635
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 61,061 1,868,445 SH   SOLE   269,715 0 1,598,730
WADDELL & REED FINL INC CL A 930059100 47,721 963,288 SH   SOLE   146,500 0 816,788