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
3M Company COM 88579Y101 381 2,000 SH   SOLE   0 0 2,000
Abbott Laboratories COM 002824100 33,421 462,057 SH   SOLE   347,811 0 114,246
Abbott Laboratories COM 002824100 11,934 165,000 SH   OTR   0 0 165,000
Actuant Corporation COM 00508X203 15,914 758,170 SH   SOLE   758,170 0 0
AerCap Holdings N.V. COM N00985106 75,406 1,904,182 SH   SOLE   1,372,628 0 531,554
AerCap Holdings N.V. COM N00985106 22,497 568,100 SH   OTR   0 0 568,100
Air Lease Corp COM 00912X302 22,048 729,820 SH   SOLE   729,820 0 0
Allergan plc COM G0177J108 65,595 490,757 SH   SOLE   372,723 0 118,034
Allergan plc COM G0177J108 26,064 195,000 SH   OTR   0 0 195,000
Alliance Data Systems Corp. COM 018581108 35,005 233,243 SH   SOLE   167,173 0 66,070
Alliance Data Systems Corp. COM 018581108 12,457 83,000 SH   OTR   0 0 83,000
Amdocs Limited COM G02602103 67,080 1,145,097 SH   SOLE   823,302 0 321,795
Amdocs Limited COM G02602103 23,959 409,000 SH   OTR   0 0 409,000
Ametek Inc COM 031100100 50,969 752,860 SH   SOLE   538,079 0 214,781
Ametek Inc COM 031100100 16,925 250,000 SH   OTR   0 0 250,000
Analog Devices Inc COM 032654105 32,326 376,626 SH   SOLE   268,072 0 108,554
Analog Devices Inc COM 032654105 11,124 129,605 SH   OTR   0 0 129,605
Applied Materials Inc COM 038222105 70,570 2,155,463 SH   SOLE   1,552,354 0 603,109
Applied Materials Inc COM 038222105 23,966 732,000 SH   OTR   0 0 732,000
Arch Capital COM G0450A105 61,728 2,310,193 SH   SOLE   1,659,684 0 650,509
Arch Capital COM G0450A105 21,750 814,000 SH   OTR   0 0 814,000
Arrow Electronics COM 042735100 103,778 1,505,121 SH   SOLE   1,074,256 0 430,865
Arrow Electronics COM 042735100 34,130 495,000 SH   OTR   0 0 495,000
Axalta Coating Systems Ltd. COM G0750C108 52,570 2,244,667 SH   SOLE   1,614,199 0 630,468
Axalta Coating Systems Ltd. COM G0750C108 19,106 815,800 SH   OTR   0 0 815,800
Ball Corporation COM 058498106 1,254 27,262 SH   SOLE   24,694 0 2,568
Becton, Dickinson and Company COM 075887109 42,426 188,294 SH   SOLE   146,461 0 41,833
Becton, Dickinson and Company COM 075887109 18,251 81,000 SH   OTR   0 0 81,000
Berkshire Hathaway Cl B COM 084670702 38,410 188,117 SH   SOLE   145,348 0 42,769
Berkshire Hathaway Cl B COM 084670702 16,845 82,500 SH   OTR   0 0 82,500
Brookfield Asset Management In COM 112585104 60,944 1,589,141 SH   SOLE   1,229,532 0 359,609
Brookfield Asset Management In COM 112585104 29,990 782,000 SH   OTR   0 0 782,000
Cardinal Health COM 14149Y108 33,781 757,413 SH   SOLE   524,866 0 232,547
Cardinal Health COM 14149Y108 9,446 211,800 SH   OTR   0 0 211,800
Carnival COM 143658300 52,383 1,062,527 SH   SOLE   807,336 0 255,191
Carnival COM 143658300 20,371 413,200 SH   OTR   0 0 413,200
CBRE Group, Inc. Cl A COM 12504L109 46,471 1,160,617 SH   SOLE   844,160 0 316,457
CBRE Group, Inc. Cl A COM 12504L109 18,298 457,000 SH   OTR   0 0 457,000
Chubb Limited COM H1467J104 81,329 629,576 SH   SOLE   477,822 0 151,754
Chubb Limited COM H1467J104 31,468 243,600 SH   OTR   0 0 243,600
COHU COM 192576106 13,399 833,808 SH   SOLE   833,808 0 0
Colfax Corporation COM 194014106 109,762 5,251,792 SH   SOLE   4,096,171 0 1,155,621
Colfax Corporation COM 194014106 26,376 1,262,000 SH   OTR   0 0 1,262,000
Commerce Bancshares COM 200525103 31,804 564,202 SH   SOLE   477,185 0 87,017
Crown Holdings COM 228368106 87,292 2,099,886 SH   SOLE   1,488,953 0 610,933
Crown Holdings COM 228368106 28,588 687,700 SH   OTR   0 0 687,700
Donaldson COM 257651109 25,155 579,745 SH   SOLE   468,045 0 111,700
Eaton PLC COM G29183103 75,966 1,106,415 SH   SOLE   792,660 0 313,755
Eaton PLC COM G29183103 25,706 374,400 SH   OTR   0 0 374,400
Emerson Electric COM 291011104 609 10,200 SH   SOLE   4,900 0 5,300
Entegris COM 29362U104 21,742 779,440 SH   SOLE   779,440 0 0
Extended Stay America COM 30224P200 17,218 1,110,820 SH   SOLE   946,720 0 164,100
Exxon Mobil COM 30231G102 64,886 951,540 SH   SOLE   733,428 0 218,112
Exxon Mobil COM 30231G102 26,410 387,300 SH   OTR   0 0 387,300
FirstCash Inc COM 33767D105 42,441 586,607 SH   SOLE   454,387 0 132,220
FNF Group COM 31620R303 81,773 2,600,917 SH   SOLE   1,852,172 0 748,745
FNF Group COM 31620R303 28,346 901,600 SH   OTR   0 0 901,600
Fox Factory Holding Corp COM 35138V102 2,531 42,985 SH   SOLE   42,985 0 0
Gates Industrial Corporation P COM G39108108 25,346 1,914,370 SH   SOLE   1,570,370 0 344,000
Genpact Ltd COM G3922B107 11,144 412,904 SH   SOLE   198,270 0 214,634
Gildan Activewear COM 375916103 137,871 4,541,198 SH   SOLE   3,572,739 0 968,459
Gildan Activewear COM 375916103 32,628 1,074,700 SH   OTR   0 0 1,074,700
Glacier Bancorp, Inc. COM 37637Q105 16,298 411,350 SH   SOLE   411,350 0 0
Gorman Rupp Co COM 383082104 5,380 166,000 SH   SOLE   166,000 0 0
H.B. Fuller Company COM 359694106 20,844 488,490 SH   SOLE   488,490 0 0
Hanesbrands Inc COM 410345102 48,336 3,857,601 SH   SOLE   2,777,569 0 1,080,032
Hanesbrands Inc COM 410345102 15,788 1,260,000 SH   OTR   0 0 1,260,000
Helen of Troy COM G4388N106 38,028 289,888 SH   SOLE   239,048 0 50,840
Hexcel Corporation COM 428291108 20,355 354,990 SH   SOLE   284,090 0 70,900
HFF Inc CL A COM 40418F108 15,484 466,950 SH   SOLE   466,950 0 0
Hill Rom Holdings COM 431475102 18,690 211,072 SH   SOLE   211,072 0 0
Illinois Tool Works COM 452308109 6,319 49,874 SH   SOLE   34,563 0 15,311
Intercontinental Exchange, Inc COM 45866F104 60,147 798,451 SH   SOLE   617,137 0 181,314
Intercontinental Exchange, Inc COM 45866F104 26,366 350,000 SH   OTR   0 0 350,000
Johnson & Johnson COM 478160104 62,171 481,758 SH   SOLE   368,702 0 113,056
Johnson & Johnson COM 478160104 24,945 193,300 SH   OTR   0 0 193,300
Johnson Controls COM G51502105 70,142 2,365,676 SH   SOLE   1,693,633 0 672,043
Johnson Controls COM G51502105 23,839 804,000 SH   OTR   0 0 804,000
JP Morgan Chase COM 46625H100 63,617 651,679 SH   SOLE   479,632 0 172,047
JP Morgan Chase COM 46625H100 23,439 240,100 SH   OTR   0 0 240,100
Laboratory Corp. of America COM 50540R409 51,447 407,147 SH   SOLE   293,330 0 113,817
Laboratory Corp. of America COM 50540R409 18,322 145,000 SH   OTR   0 0 145,000
Malibu Boats Inc COM 56117J100 12,103 347,800 SH   SOLE   347,800 0 0
Markel Corporation COM 570535104 4,698 4,526 SH   SOLE   2,106 0 2,420
Mednax COM 58502B106 26,733 810,085 SH   SOLE   675,685 0 134,400
MTS Systems Corporation COM 553777103 10,595 264,025 SH   SOLE   264,025 0 0
National Western Life Grp Cl A COM 638517102 18,051 60,031 SH   SOLE   60,031 0 0
Nautilus, Inc. COM 63910B102 20,956 1,922,540 SH   SOLE   1,922,540 0 0
NOW Inc. COM 67011P100 10,764 924,780 SH   SOLE   924,780 0 0
Omnicom Group COM 681919106 87,272 1,191,596 SH   SOLE   851,122 0 340,474
Omnicom Group COM 681919106 29,831 407,300 SH   OTR   0 0 407,300
Perrigo Co PLC COM G97822103 7,791 201,070 SH   SOLE   96,470 0 104,600
Pfizer COM 717081103 244 5,600 SH   SOLE   5,600 0 0
PGT Innovations, Inc. COM 69336V101 32,529 2,052,300 SH   SOLE   1,926,420 0 125,880
Philip Morris Int'l COM 718172109 41,852 626,906 SH   SOLE   457,451 0 169,455
Philip Morris Int'l COM 718172109 21,363 320,000 SH   OTR   0 0 320,000
Plexus Corp COM 729132100 21,601 422,893 SH   SOLE   422,893 0 0
PNC Financial Services COM 693475105 42,052 359,693 SH   SOLE   267,705 0 91,988
PNC Financial Services COM 693475105 19,711 168,600 SH   OTR   0 0 168,600
PRA Group COM 69354N106 26,214 1,075,670 SH   SOLE   911,528 0 164,142
Progressive COM 743315103 34,361 569,549 SH   SOLE   412,692 0 156,857
Progressive COM 743315103 12,169 201,700 SH   OTR   0 0 201,700
Quanex Building Products COM 747619104 35,400 2,604,835 SH   SOLE   2,171,985 0 432,850
Reliance Steel & Aluminum COM 759509102 69,854 981,507 SH   SOLE   794,428 0 187,079
Reliance Steel & Aluminum COM 759509102 15,942 224,000 SH   OTR   0 0 224,000
RenaissanceRe COM G7496G103 47,558 355,710 SH   SOLE   292,000 0 63,710
RenaissanceRe COM G7496G103 10,188 76,200 SH   OTR   0 0 76,200
Rush Enterprises COM 781846209 13,313 386,107 SH   SOLE   386,107 0 0
Schlumberger COM 806857108 49,419 1,369,694 SH   SOLE   1,044,049 0 325,645
Schlumberger COM 806857108 17,607 488,000 SH   OTR   0 0 488,000
Schweitzer Mauduit COM 808541106 51,059 2,038,277 SH   SOLE   1,606,760 0 431,517
Snap-on Incorporated COM 833034101 76,052 523,448 SH   SOLE   375,710 0 147,738
Snap-on Incorporated COM 833034101 25,862 178,000 SH   OTR   0 0 178,000
State Street COM 857477103 90,279 1,431,417 SH   SOLE   1,010,815 0 420,602
State Street COM 857477103 29,088 461,200 SH   OTR   0 0 461,200
Steelcase Cl A COM 858155203 57,312 3,864,599 SH   SOLE   3,163,029 0 701,570
Synchrony Financial COM 87165B103 66,475 2,833,530 SH   SOLE   1,975,345 0 858,185
Synchrony Financial COM 87165B103 22,310 951,000 SH   OTR   0 0 951,000
Syneos Health Inc COM 87166B102 43,289 1,100,099 SH   SOLE   875,979 0 224,120
TCF Financial COM 872275102 36,823 1,889,330 SH   SOLE   1,530,830 0 358,500
TE Connectivity COM H84989104 59,422 785,687 SH   SOLE   555,724 0 229,963
TE Connectivity COM H84989104 18,908 250,000 SH   OTR   0 0 250,000
Torchmark COM 891027104 5,008 67,200 SH   SOLE   32,200 0 35,000
Umpqua Holdings COM 904214103 18,099 1,138,326 SH   SOLE   1,138,326 0 0
United Parcel Service COM 911312106 60,125 616,473 SH   SOLE   472,599 0 143,874
United Parcel Service COM 911312106 24,441 250,600 SH   OTR   0 0 250,600
UnitedHealth Group COM 91324P102 29,609 118,853 SH   SOLE   92,304 0 26,549
UnitedHealth Group COM 91324P102 12,581 50,500 SH   OTR   0 0 50,500
Varex Imaging Corporation COM 92214X106 22,815 963,490 SH   SOLE   963,490 0 0
Verizon Communications COM 92343V104 72,909 1,296,849 SH   SOLE   979,342 0 317,507
Verizon Communications COM 92343V104 27,042 481,000 SH   OTR   0 0 481,000
Wells Fargo COM 949746101 57,688 1,251,913 SH   SOLE   1,105,278 0 146,635
Wells Fargo COM 949746101 26,611 577,500 SH   OTR   0 0 577,500
Whirlpool Corp. COM 963320106 58,684 549,113 SH   SOLE   391,694 0 157,419
Whirlpool Corp. COM 963320106 18,905 176,900 SH   OTR   0 0 176,900
Williams-Sonoma Inc COM 969904101 39,031 773,650 SH   SOLE   629,450 0 144,200
Winnebago COM 974637100 46,294 1,912,165 SH   SOLE   1,702,973 0 209,192
Woodward COM 980745103 42,911 577,614 SH   SOLE   467,594 0 110,020
World Fuel Svcs COM 981475106 36,566 1,707,871 SH   SOLE   1,434,458 0 273,413
World Fuel Svcs COM 981475106 12,204 570,000 SH   OTR   0 0 570,000
Diageo plc ADR ADR 25243Q205 30,330 213,892 SH   SOLE   168,245 0 45,647
Diageo plc ADR ADR 25243Q205 13,428 94,700 SH   OTR   0 0 94,700
Unilever PLC ADR ADR 904767704 397 7,600 SH   SOLE   7,600 0 0