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
A T & T Inc New COM 00206r102 235 7,185 SH   SOLE   7,185 0 0
ACI Worldwide, Inc. COM 004498101 7,917 365,526 SH   SOLE   365,526 0 0
Actavis, PLC COM g0083b108 2,504 8,415 SH   SOLE   8,415 0 0
Altera Corp COM 021441100 2,618 61,000 SH   SOLE   61,000 0 0
American Eagle Outfitters COM 02553e106 2,206 129,147 SH   SOLE   129,147 0 0
Amerisafe, Inc. COM 03071h100 2,225 48,100 SH   SOLE   48,100 0 0
Amgen Incorporated COM 031162100 306 1,914 SH   SOLE   1,914 0 0
Apple Inc COM 037833100 227 1,825 SH   SOLE   1,825 0 0
Aqua America Inc COM 03836W103 23,411 888,471 SH   SOLE   888,471 0 0
Arthur J Gallagher & Co. COM 363576109 14,169 303,090 SH   SOLE   303,090 0 0
Autozone Inc COM 053332102 47,593 69,768 SH   SOLE   69,768 0 0
Bank of the Ozarks, Inc. COM 063904106 25,978 703,438 SH   SOLE   703,438 0 0
Bed Bath and Beyond COM 075896100 26,658 347,223 SH   SOLE   347,223 0 0
Berkshire Hathaway A COM 084670108 44,805 206 SH   SOLE   206 0 0
Berkshire Hathaway B COM 084670702 19,724 136,668 SH   SOLE   136,668 0 0
Biglari Holdings Inc. COM 08986r101 17,232 41,614 SH   SOLE   41,614 0 0
Brookfield Asset Management COM 112585104 68,380 1,275,512 SH   SOLE   1,275,512 0 0
Brown & Brown Inc. COM 115236101 68,551 2,070,412 SH   SOLE   2,070,412 0 0
Carmax COM 143130102 51,538 746,818 SH   SOLE   746,818 0 0
CDW Corp. COM 12514G108 67,529 1,813,346 SH   SOLE   1,813,346 0 0
Chevron Corporation COM 166764100 385 3,663 SH   SOLE   3,663 0 0
Clarcor Inc COM 179895107 424 6,424 SH   SOLE   6,424 0 0
Conmed Corp COM 207410101 358 7,087 SH   SOLE   7,087 0 0
Consolidated Tomoka Land Co. COM 210226106 3,837 64,315 SH   SOLE   64,315 0 0
Destination Maternity COM 25065d100 4,163 276,400 SH   SOLE   276,400 0 0
Diamond Hill Investment Group, COM 25264r207 3,015 18,842 SH   SOLE   18,842 0 0
Digital Realty Trust Inc. COM 253868103 15,171 230,010 SH   SOLE   230,010 0 0
Donaldson Co., Inc. COM 257651109 42,426 1,125,047 SH   SOLE   1,125,047 0 0
DSW, Inc. COM 23334l102 7,017 190,272 SH   SOLE   190,272 0 0
Echo Global Logistics, Inc. COM 27875t101 4,629 169,800 SH   SOLE   169,800 0 0
EOG Resources Inc. COM 26875P101 56,583 617,115 SH   SOLE   617,115 0 0
Evolution Petroleum Corporatio COM 30049A107 6,853 1,151,696 SH   SOLE   1,151,696 0 0
Exxon Mobil Corporation COM 30231G102 1,716 20,185 SH   SOLE   20,185 0 0
Fabrinet COM g3323l100 9,923 522,556 SH   SOLE   522,556 0 0
First NBC Bank Holding Company COM 32115d106 5,870 177,975 SH   SOLE   177,975 0 0
FLIR Systems, Inc. COM 302445101 31,388 1,003,439 SH   SOLE   1,003,439 0 0
Flowers Foods COM 343498101 14,836 652,425 SH   SOLE   652,425 0 0
Forest City Enterprises Class COM 345550107 15,406 603,700 SH   SOLE   603,700 0 0
Forward Air COM 349853101 35,066 645,791 SH   SOLE   645,791 0 0
Franklin Resources COM 354613101 41,976 817,931 SH   SOLE   817,931 0 0
FRP Holdings, Inc. COM 30292l107 6,311 173,377 SH   SOLE   173,377 0 0
General Electric Company COM 369604103 553 22,292 SH   SOLE   22,292 0 0
Glenville Bank Hldg Co COM 37908p109 349 4,006 SH   SOLE   4,006 0 0
Graco COM 384109104 24,773 343,308 SH   SOLE   343,308 0 0
Hallmark Financial Services, I COM 40624q203 4,962 468,125 SH   SOLE   468,125 0 0
Home Bancshares, Inc. COM 436893200 2,710 79,978 SH   SOLE   79,978 0 0
Houston Wire & Cable Company COM 44244K109 4,770 490,262 SH   SOLE   490,262 0 0
Hudson Valley Holding Corp COM 444172100 4,754 186,000 SH   SOLE   186,000 0 0
Idex Corporation COM 45167R104 65,582 864,851 SH   SOLE   864,851 0 0
Illinois Tool Works COM 452308109 49,843 513,102 SH   SOLE   513,102 0 0
Infinity Property & Casualty C COM 45665q103 6,308 76,885 SH   SOLE   76,885 0 0
International Business Machine COM 459200101 1,219 7,595 SH   SOLE   7,595 0 0
Interpublic Group of Companies COM 460690100 35,343 1,597,775 SH   SOLE   1,597,775 0 0
John Bean Technologies Corpora COM 477839104 3,108 87,000 SH   SOLE   87,000 0 0
John Wiley & Sons COM 968223206 13,778 225,350 SH   SOLE   225,350 0 0
Keycorp New COM 493267108 158 11,181 SH   SOLE   11,181 0 0
Knight Transportation Inc. COM 499064103 39,057 1,211,059 SH   SOLE   1,211,059 0 0
Landauer Inc COM 51476K103 4,788 136,256 SH   SOLE   136,256 0 0
Loews Corp COM 540424108 28,634 701,306 SH   SOLE   701,306 0 0
M & T Bank Corp COM 55261F104 28,759 226,450 SH   SOLE   226,450 0 0
Markel Corp COM 570535104 85,772 111,543 SH   SOLE   111,543 0 0
Mattel Inc. COM 577081102 10,729 469,562 SH   SOLE   469,562 0 0
McCormick & Co. COM 579780206 2,101 27,250 SH   SOLE   27,250 0 0
McGrath Rentcorp COM 580589109 33,774 1,026,246 SH   SOLE   1,026,246 0 0
Mednax Inc. COM 58502B106 84,525 1,165,705 SH   SOLE   1,165,705 0 0
Meridian Bioscience COM 589584101 3,068 160,800 SH   SOLE   160,800 0 0
Microchip Technology Inc. COM 595017104 32,595 666,560 SH   SOLE   666,560 0 0
Mistras Group, Inc. COM 60649t107 5,623 291,975 SH   SOLE   291,975 0 0
Mohawk Industries COM 608190104 26,602 143,214 SH   SOLE   143,214 0 0
National Instruments COM 636518102 3,909 122,000 SH   SOLE   122,000 0 0
NBT Bancorp Inc COM 628778102 555 22,145 SH   SOLE   22,145 0 0
Newlink Genetics Corp COM 651511107 674 12,321 SH   SOLE   12,321 0 0
OneBeacon COM G67742109 3,238 212,866 SH   SOLE   212,866 0 0
Patriot Transportation Holding COM 70338w105 1,443 57,789 SH   SOLE   57,789 0 0
Patterson Companies Inc. COM 703395103 26,395 541,000 SH   SOLE   541,000 0 0
PC Connection, Inc. COM 69318J100 5,037 193,075 SH   SOLE   193,075 0 0
Pfizer Incorporated COM 717081103 326 9,364 SH   SOLE   9,364 0 0
Pinnacle Financial Partners COM 72346Q104 16,877 379,604 SH   SOLE   379,604 0 0
Procter & Gamble COM 742718109 252 3,079 SH   SOLE   3,079 0 0
Pub Svc Ent Group Inc COM 744573106 205 4,901 SH   SOLE   4,901 0 0
Questar Corp COM 748356102 7,417 310,841 SH   SOLE   310,841 0 0
Ross Stores Inc. COM 778296103 100,743 956,175 SH   SOLE   956,175 0 0
Sigma Aldrich Corp. COM 826552101 1,521 11,000 SH   SOLE   11,000 0 0
Smuckers, Jm COM 832696405 214 1,853 SH   SOLE   1,853 0 0
South State Corporation COM 840441109 34,103 498,660 SH   SOLE   498,660 0 0
Southwestern Energy Co COM 845467109 4,128 178,000 SH   SOLE   178,000 0 0
Starwood Hotels Resorts COM 85590a401 35,501 425,158 SH   SOLE   425,158 0 0
Stonecastle Financial Corp. COM 861780104 4,722 262,851 SH   SOLE   262,851 0 0
Stonegate Bank COM 861811107 2,587 85,700 SH   SOLE   85,700 0 0
Stryker Corp COM 863667101 59,319 643,022 SH   SOLE   643,022 0 0
T Rowe Price Group, Inc. COM 74144t108 17,088 211,010 SH   SOLE   211,010 0 0
Trustco Bank Corp COM 898349105 141 20,533 SH   SOLE   20,533 0 0
Tupperware Brands Corp. COM 899896104 4,686 67,900 SH   SOLE   67,900 0 0
Union Pacific Corp COM 907818108 623 5,754 SH   SOLE   5,754 0 0
US Bancorp COM 902973304 320 7,331 SH   SOLE   7,331 0 0
US Ecology, Inc. COM 91732j102 12,570 251,544 SH   SOLE   251,544 0 0
Waters Corp. COM 941848103 46,564 374,550 SH   SOLE   374,550 0 0
Western Union COM 959802109 2,121 101,936 SH   SOLE   101,936 0 0
Westwood Holdings Group, Inc. COM 961765104 3,895 64,596 SH   SOLE   64,596 0 0
White Mtns Insurance COM G9618E107 58,367 85,267 SH   SOLE   85,267 0 0
Winthrop Realty Trust COM 976391300 3,815 233,732 SH   SOLE   233,732 0 0
Xilinx Inc COM 983919101 42,551 1,005,940 SH   SOLE   1,005,940 0 0
Yum Brands COM 988498101 35,535 451,413 SH   SOLE   451,413 0 0