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 93,859 5,730,071 SH   SOLE   4,759,562 0 970,509
Aerojet Rocketdyne Holdings COM 007800105 1,006 61,406 SH   OTR 4 61,406 0 0
Amdocs LTD COM G02602103 122,907 2,034,217 SH   SOLE   1,096,210 0 938,007
Amerisafe Inc. COM 03071H100 36,095 686,995 SH   SOLE   606,240 0 80,755
Amerisafe Inc. COM 03071H100 723 13,754 SH   OTR 4 13,754 0 0
Ares Capital Corp. COM 04010L103 21,489 1,448,015 SH   SOLE   1,226,840 0 221,175
Ares Capital Corp. COM 04010L103 429 28,875 SH   OTR 4 28,875 0 0
Autozone Inc. COM 053332102 168,031 210,912 SH   SOLE   124,344 0 86,568
Belmond LTD COM G1154H107 43,815 4,616,940 SH   SOLE   4,067,375 0 549,565
Belmond LTD COM G1154H107 907 95,564 SH   OTR 4 95,564 0 0
Bristol-Myers Squibb Co. COM 110122108 531 8,312 SH   SOLE   8,312 0 0
Brookdale Sr Living Inc. COM 112463104 86,292 5,433,989 SH   SOLE   4,583,382 0 850,607
Brookdale Sr Living Inc. COM 112463104 1,013 63,793 SH   OTR 4 63,793 0 0
Brookfield Asset Mgmt Inc. Cla COM 112585104 64,458 1,852,781 SH   SOLE   809,358 0 1,043,423
Brookfield Infrast Partners LP COM G16252101 387 9,195 SH   SOLE   9,195 0 0
Cardtronics Inc COM 14161H108 89,978 2,500,085 SH   SOLE   2,093,670 0 406,415
Cardtronics Inc COM 14161H108 1,024 28,447 SH   OTR 4 28,447 0 0
CGI Group Inc - Class A COM 39945C109 165,729 3,468,588 SH   SOLE   1,953,745 0 1,514,843
Corrections Corp of America COM 22025Y407 118,078 3,684,177 SH   SOLE   2,569,818 0 1,114,359
Corrections Corp of America COM 22025Y407 766 23,907 SH   OTR 4 23,907 0 0
Discovery Comm Cl A COM 25470F104 98,349 3,435,161 SH   SOLE   1,877,125 0 1,558,036
Dish Network Corp Class A COM 25470M109 52,195 1,128,289 SH   SOLE   517,739 0 610,550
Dorman Products Inc COM 258278100 64,024 1,176,480 SH   SOLE   1,034,460 0 142,020
Dorman Products Inc COM 258278100 1,319 24,243 SH   OTR 4 24,243 0 0
Dun & Bradstreet Corp COM 26483E100 107,004 1,038,069 SH   SOLE   573,549 0 464,520
FedEx Corp. COM 31428X106 55,234 339,440 SH   SOLE   155,051 0 184,389
First Cash Financial Services COM 31942D107 48,534 1,053,709 SH   SOLE   928,304 0 125,405
First Cash Financial Services COM 31942D107 985 21,392 SH   OTR 4 21,392 0 0
First Horizon Natl Corp COM 320517105 265 20,217 SH   SOLE   20,217 0 0
Fiserv Inc COM 337738108 170,331 1,660,466 SH   SOLE   899,372 0 761,094
Flowserve Corp COM 34354P105 80,258 1,807,198 SH   SOLE   926,235 0 880,963
FMC Corp. COM 302491303 13,314 329,800 SH   SOLE   112,900 0 216,900
Gannett Inc. COM 36473H104 138,481 9,146,699 SH   SOLE   6,392,563 0 2,754,136
Gannett Inc. COM 36473H104 997 65,861 SH   OTR 4 65,861 0 0
Haynes International Inc COM 420877201 22,241 609,343 SH   SOLE   540,778 0 68,565
Haynes International Inc COM 420877201 436 11,947 SH   OTR 4 11,947 0 0
Howard Hughes Corp COM 44267D107 110,523 1,043,756 SH   SOLE   747,577 0 296,179
Howard Hughes Corp COM 44267D107 914 8,630 SH   OTR 4 8,630 0 0
HSN Inc. COM 404303109 84,198 1,609,595 SH   SOLE   1,361,580 0 248,015
HSN Inc. COM 404303109 993 18,975 SH   OTR 4 18,975 0 0
Infinity Property & Casualty C COM 45665Q103 49,440 614,160 SH   SOLE   546,315 0 67,845
Infinity Property & Casualty C COM 45665Q103 947 11,762 SH   OTR 4 11,762 0 0
International Business Machine COM 459200101 227 1,500 SH   SOLE   1,500 0 0
Interval Leisure Group Inc COM 46113M108 26,678 1,847,510 SH   SOLE   1,628,370 0 219,140
Interval Leisure Group Inc COM 46113M108 542 37,549 SH   OTR 4 37,549 0 0
Jarden Corp. COM 471109108 51,084 866,568 SH   SOLE   763,243 0 103,325
Jarden Corp. COM 471109108 1,056 17,910 SH   OTR 4 17,910 0 0
Kinder Morgan Inc COM 49456B101 325 18,193 SH   SOLE   18,193 0 0
Liberty Interactive Corp QVC G COM 53071M104 59,986 2,375,664 SH   SOLE   958,225 0 1,417,439
Liberty Ventures Series A COM 53071M880 24,645 629,987 SH   SOLE   259,822 0 370,165
MacQuarie Infrastructure Corp COM 55608B105 209 3,100 SH   SOLE   3,100 0 0
Mettler Toledo International COM 592688105 31,368 90,985 SH   SOLE   70,485 0 20,500
MSC Industrial Direct Co-A COM 553530106 168,402 2,206,819 SH   SOLE   1,442,244 0 764,575
MSC Industrial Direct Co-A COM 553530106 1,018 13,341 SH   OTR 4 13,341 0 0
MTS Systems Corp COM 553777103 39,604 650,846 SH   SOLE   574,881 0 75,965
MTS Systems Corp COM 553777103 806 13,247 SH   OTR 4 13,247 0 0
Open Text Corp COM 683715106 180,573 3,485,968 SH   SOLE   1,918,685 0 1,567,283
Pool Corp. COM 73278L105 38,412 437,790 SH   SOLE   386,780 0 51,010
Pool Corp. COM 73278L105 777 8,855 SH   OTR 4 8,855 0 0
Rush Enterprises Inc Class A COM 781846209 35,894 1,967,859 SH   SOLE   1,736,719 0 231,140
Rush Enterprises Inc Class A COM 781846209 717 39,289 SH   OTR 4 39,289 0 0
Scripps Networks Interactive C COM 811065101 77,407 1,181,780 SH   SOLE   705,761 0 476,019
Service Corp International COM 817565104 67,357 2,729,214 SH   SOLE   1,766,614 0 962,600
Sirius XM Holdings Inc. COM 82968B103 80,357 20,343,444 SH   SOLE   9,240,621 0 11,102,823
Stanley Black & Decker COM 854502101 54,765 520,533 SH   SOLE   218,109 0 302,424
TEGNA Inc COM 87901J105 158,530 6,757,479 SH   SOLE   3,816,217 0 2,941,262
Teleflex Inc COM 879369106 99,868 636,060 SH   SOLE   343,068 0 292,992
Thermo Fisher Scientific Inc. COM 883556102 135,174 954,685 SH   SOLE   620,285 0 334,400
Thermon Group Holding Inc COM 88362T103 20,545 1,169,989 SH   SOLE   1,038,699 0 131,290
Thermon Group Holding Inc COM 88362T103 414 23,571 SH   OTR 4 23,571 0 0
Tribune Media Co COM 896047503 72,628 1,893,818 SH   SOLE   956,805 0 937,013
UniFirst Corp COM 904708104 38,625 353,971 SH   SOLE   310,531 0 43,440
UniFirst Corp COM 904708104 767 7,028 SH   OTR 4 7,028 0 0
ViaSat Inc COM 92552V100 162,680 2,213,938 SH   SOLE   1,562,469 0 651,469
ViaSat Inc COM 92552V100 1,144 15,564 SH   OTR 4 15,564 0 0
Walter Investment Management C COM 93317W102 30,531 3,996,146 SH   SOLE   2,975,704 0 1,020,442
Walter Investment Management C COM 93317W102 255 33,407 SH   OTR 4 33,407 0 0
Wesco Intl Inc COM 95082P105 33,893 619,960 SH   SOLE   544,020 0 75,940
Wesco Intl Inc COM 95082P105 681 12,456 SH   OTR 4 12,456 0 0
Western Union Co COM 959802109 11,806 612,048 SH   SOLE   217,949 0 394,099
Willis Towers Watson PLC COM G96629103 61,702 519,989 SH   SOLE   245,589 0 274,400
Xylem Inc COM 98419M100 67,733 1,656,054 SH   SOLE   1,070,580 0 585,474
Zebra Technologies Corp Cl A COM 989207105 181,889 2,636,069 SH   SOLE   1,747,145 0 888,924
Zebra Technologies Corp Cl A COM 989207105 1,213 17,579 SH   OTR 4 17,579 0 0
iShares - Barclays 1-3 Credit MF 464288646 661 6,274 SH   SOLE   6,274 0 0
iShares - Barclays Intermediat MF 464288638 466 4,245 SH   SOLE   4,245 0 0
iShares - High Yield Corporate MF 464288513 1,178 14,415 SH   SOLE   14,415 0 0
SPDR High Yield Bond Fund MF 78464A417 459 13,400 SH   SOLE   13,400 0 0
Vanguard Short Term Govt Bond MF 92206C102 232 3,785 SH   SOLE   3,785 0 0
iShares - Dow Jones Select Div MF 464287168 2,115 25,900 SH   SOLE   25,900 0 0
iShares - Russell 2000 Value MF 464287630 13,943 149,635 SH   SOLE   133,640 0 15,995
iShares - Russell Midcap Value MF 464287473 2,929 41,300 SH   SOLE   26,700 0 14,600