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 95,630 5,327,576 SH   SOLE   4,357,067 0 970,509
Aerojet Rocketdyne Holdings COM 007800105 1,292 71,955 SH   OTR 4 71,955 0 0
Amdocs LTD COM G02602103 117,359 2,014,743 SH   SOLE   1,047,804 0 966,939
Amerisafe Inc. COM 03071H100 33,380 535,371 SH   SOLE   472,054 0 63,317
Amerisafe Inc. COM 03071H100 978 15,693 SH   OTR 4 15,693 0 0
Ares Capital Corp. COM 04010L103 21,072 1,277,870 SH   SOLE   1,056,695 0 221,175
Ares Capital Corp. COM 04010L103 504 30,561 SH   OTR 4 30,561 0 0
Autozone Inc. COM 053332102 164,990 208,904 SH   SOLE   117,419 0 91,485
Belmond LTD COM G1154H107 52,764 3,952,365 SH   SOLE   3,402,800 0 549,565
Belmond LTD COM G1154H107 1,496 112,092 SH   OTR 4 112,092 0 0
Bristol-Myers Squibb Co. COM 110122108 486 8,312 SH   SOLE   8,312 0 0
Brookdale Sr Living Inc. COM 112463104 60,473 4,869,034 SH   SOLE   4,030,827 0 838,207
Brookdale Sr Living Inc. COM 112463104 482 38,796 SH   OTR 4 38,796 0 0
Brookfield Asset Mgmt Inc. Cla COM 112585104 61,457 1,861,772 SH   SOLE   762,135 0 1,099,637
Brookfield Infrast Partners LP COM G16252101 462 13,791 SH   SOLE   13,791 0 0
Cardtronics PLC Cl A COM G1991C105 120,572 2,209,495 SH   SOLE   1,844,180 0 365,315
Cardtronics PLC Cl A COM G1991C105 1,836 33,644 SH   OTR 4 33,644 0 0
CGI Group Inc - Class A COM 39945C109 161,578 3,364,113 SH   SOLE   1,867,808 0 1,496,305
CoreCivic Inc COM 21871N101 71,998 2,943,501 SH   SOLE   2,306,316 0 637,185
CoreCivic Inc COM 21871N101 413 16,897 SH   OTR 4 16,897 0 0
Discovery Comm Cl A COM 25470F104 135,831 4,955,531 SH   SOLE   2,701,541 0 2,253,990
Dish Network Corp Class A COM 25470M109 68,953 1,190,275 SH   SOLE   496,470 0 693,805
Dorman Products Inc COM 258278100 50,654 693,315 SH   SOLE   596,225 0 97,090
Dorman Products Inc COM 258278100 1,397 19,122 SH   OTR 4 19,122 0 0
Dun & Bradstreet Corp COM 26483E100 125,691 1,036,030 SH   SOLE   557,313 0 478,717
FedEx Corp. COM 31428X106 64,475 346,270 SH   SOLE   150,185 0 196,085
First Horizon Natl Corp COM 320517105 405 20,217 SH   SOLE   20,217 0 0
FirstCash Inc COM 33767D105 42,087 895,469 SH   SOLE   770,064 0 125,405
FirstCash Inc COM 33767D105 913 19,418 SH   OTR 4 19,418 0 0
Fiserv Inc COM 337738108 130,342 1,226,402 SH   SOLE   672,743 0 553,659
Flowserve Corp COM 34354P105 86,043 1,790,689 SH   SOLE   883,461 0 907,228
FMC Corp COM 302491303 18,299 323,525 SH   SOLE   106,625 0 216,900
Gannett Inc. COM 36473H104 67,357 6,936,866 SH   SOLE   4,856,273 0 2,080,593
Gannett Inc. COM 36473H104 380 39,105 SH   OTR 4 39,105 0 0
Haynes International Inc COM 420877201 22,003 511,818 SH   SOLE   443,253 0 68,565
Haynes International Inc COM 420877201 520 12,104 SH   OTR 4 12,104 0 0
Howard Hughes Corp COM 44267D107 112,832 988,890 SH   SOLE   681,070 0 307,820
Howard Hughes Corp COM 44267D107 1,118 9,798 SH   OTR 4 9,798 0 0
HSN Inc. COM 404303109 65,284 1,903,320 SH   SOLE   1,545,240 0 358,080
HSN Inc. COM 404303109 530 15,440 SH   OTR 4 15,440 0 0
ILG Inc. COM 44967H101 41,716 2,295,875 SH   SOLE   1,981,210 0 314,665
ILG Inc. COM 44967H101 997 54,884 SH   OTR 4 54,884 0 0
Infinity Property & Casualty C COM 45665Q103 46,239 526,040 SH   SOLE   458,195 0 67,845
Infinity Property & Casualty C COM 45665Q103 1,190 13,541 SH   OTR 4 13,541 0 0
International Business Machine COM 459200101 249 1,500 SH   SOLE   1,500 0 0
Kinder Morgan Inc COM 49456B101 377 18,193 SH   SOLE   18,193 0 0
Liberty Interactive Corp QVC G COM 53071M104 66,606 3,333,638 SH   SOLE   1,302,163 0 2,031,475
MacQuarie Infrastructure Corp COM 55608B105 253 3,100 SH   SOLE   3,100 0 0
MEDNAX Inc COM 58502B106 41,304 619,624 SH   SOLE   252,904 0 366,720
Mettler Toledo International COM 592688105 216 516 SH   SOLE   516 0 0
MSC Industrial Direct Co-A COM 553530106 195,567 2,116,756 SH   SOLE   1,331,371 0 785,385
MSC Industrial Direct Co-A COM 553530106 1,422 15,391 SH   OTR 4 15,391 0 0
MTS Systems Corp COM 553777103 31,309 552,191 SH   SOLE   476,226 0 75,965
MTS Systems Corp COM 553777103 810 14,287 SH   OTR 4 14,287 0 0
Open Text Corp COM 683715106 212,088 3,431,295 SH   SOLE   1,836,915 0 1,594,380
Pool Corp. COM 73278L105 3,190 30,577 SH   SOLE   30,577 0 0
Rush Enterprises Inc Class A COM 781846209 53,458 1,675,784 SH   SOLE   1,444,644 0 231,140
Rush Enterprises Inc Class A COM 781846209 1,461 45,796 SH   OTR 4 45,796 0 0
Scripps Networks Interactive C COM 811065101 114,041 1,597,887 SH   SOLE   885,407 0 712,480
Service Corp International COM 817565104 76,542 2,695,134 SH   SOLE   1,725,734 0 969,400
Sirius XM Holdings Inc. COM 82968B103 91,356 20,529,346 SH   SOLE   8,821,334 0 11,708,012
Stanley Black & Decker COM 854502101 60,081 523,855 SH   SOLE   202,827 0 321,028
TEGNA Inc COM 87901J105 193,894 9,064,707 SH   SOLE   5,607,355 0 3,457,352
TEGNA Inc COM 87901J105 1,212 56,673 SH   OTR 4 56,673 0 0
Teleflex Inc COM 879369106 100,641 624,519 SH   SOLE   323,191 0 301,328
Thermo Fisher Scientific Inc. COM 883556102 130,550 925,230 SH   SOLE   600,730 0 324,500
Thermon Group Holding Inc COM 88362T103 18,752 982,319 SH   SOLE   851,029 0 131,290
Thermon Group Holding Inc COM 88362T103 494 25,871 SH   OTR 4 25,871 0 0
Tribune Media Co COM 896047503 65,634 1,876,335 SH   SOLE   912,380 0 963,955
UniFirst Corp COM 904708104 43,196 300,705 SH   SOLE   257,265 0 43,440
UniFirst Corp COM 904708104 1,163 8,095 SH   OTR 4 8,095 0 0
ViaSat Inc COM 92552V100 139,127 2,100,979 SH   SOLE   1,424,789 0 676,190
ViaSat Inc COM 92552V100 957 14,458 SH   OTR 4 14,458 0 0
Walter Investment Management C COM 93317W102 14,962 3,149,825 SH   SOLE   2,155,283 0 994,542
Walter Investment Management C COM 93317W102 93 19,678 SH   OTR 4 19,678 0 0
Wesco Intl Inc COM 95082P105 35,650 535,680 SH   SOLE   459,740 0 75,940
Wesco Intl Inc COM 95082P105 977 14,684 SH   OTR 4 14,684 0 0
Western Union Co COM 959802109 12,860 592,088 SH   SOLE   197,989 0 394,099
Willis Towers Watson PLC COM G96629103 58,680 479,882 SH   SOLE   202,619 0 277,263
Xylem Inc COM 98419M100 78,898 1,593,259 SH   SOLE   1,024,885 0 568,374
Zebra Technologies Corp Cl A COM 989207105 216,081 2,519,599 SH   SOLE   1,607,255 0 912,344
Zebra Technologies Corp Cl A COM 989207105 1,732 20,198 SH   OTR 4 20,198 0 0
iShares - Barclays 1-3 Credit MF 464288646 658 6,274 SH   SOLE   6,274 0 0
iShares - Barclays Intermediat MF 464288638 459 4,245 SH   SOLE   4,245 0 0
iShares - High Yield Corporate MF 464288513 1,248 14,415 SH   SOLE   14,415 0 0
SPDR Bloomberg Barclays High Y MF 78464A417 488 13,400 SH   SOLE   13,400 0 0
Vanguard Short Term Govt Bond MF 92206C102 231 3,785 SH   SOLE   3,785 0 0
iShares - Dow Jones Select Div MF 464287168 2,294 25,900 SH   SOLE   25,900 0 0
iShares - Russell 2000 MF 464287655 7,645 56,695 SH   SOLE   56,695 0 0
iShares - Russell 2000 Value MF 464287630 32,521 273,425 SH   SOLE   147,905 0 125,520
iShares - Russell 2000 Value MF 464287630 2,395 20,140 SH   OTR 4 20,140 0 0
iShares - Russell Midcap Value MF 464287473 20,878 259,580 SH   SOLE   21,580 0 238,000