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 416 2,000 SH   SOLE   0 0 2,000
Abbott Laboratories COM 002824100 35,665 446,152 SH   SOLE   339,156 0 106,996
Abbott Laboratories COM 002824100 13,062 163,400 SH   OTR   0 0 163,400
Actuant Corporation COM 00508X203 19,265 790,510 SH   SOLE   790,510 0 0
AerCap Holdings N.V. COM N00985106 87,668 1,883,707 SH   SOLE   1,359,193 0 524,514
AerCap Holdings N.V. COM N00985106 26,179 562,500 SH   OTR   0 0 562,500
Air Lease Corp COM 00912X302 29,474 858,040 SH   SOLE   858,040 0 0
Allergan plc COM G0177J108 72,080 492,317 SH   SOLE   377,753 0 114,564
Allergan plc COM G0177J108 28,272 193,100 SH   OTR   0 0 193,100
Alliance Data Systems Corp. COM 018581108 40,965 234,115 SH   SOLE   167,693 0 66,422
Alliance Data Systems Corp. COM 018581108 14,383 82,200 SH   OTR   0 0 82,200
Amdocs Limited COM G02602103 62,515 1,155,332 SH   SOLE   824,407 0 330,925
Amdocs Limited COM G02602103 21,909 404,900 SH   OTR   0 0 404,900
American Woodmark COM 030506109 14,551 176,100 SH   SOLE   176,100 0 0
Ametek Inc COM 031100100 64,172 773,433 SH   SOLE   546,309 0 227,124
Ametek Inc COM 031100100 20,535 247,500 SH   OTR   0 0 247,500
Applied Materials Inc COM 038222105 59,062 1,489,197 SH   SOLE   1,087,068 0 402,129
Applied Materials Inc COM 038222105 19,822 499,800 SH   OTR   0 0 499,800
Arch Capital COM G0450A105 73,625 2,277,993 SH   SOLE   1,637,164 0 640,829
Arch Capital COM G0450A105 26,050 806,000 SH   OTR   0 0 806,000
Arrow Electronics COM 042735100 114,225 1,482,286 SH   SOLE   1,060,491 0 421,795
Arrow Electronics COM 042735100 37,767 490,100 SH   OTR   0 0 490,100
Axalta Coating Systems Ltd. COM G0750C108 55,859 2,215,747 SH   SOLE   1,594,649 0 621,098
Axalta Coating Systems Ltd. COM G0750C108 20,365 807,800 SH   OTR   0 0 807,800
Becton, Dickinson and Company COM 075887109 46,174 184,894 SH   SOLE   145,341 0 39,553
Becton, Dickinson and Company COM 075887109 20,028 80,200 SH   OTR   0 0 80,200
Berkshire Hathaway Cl B COM 084670702 49,168 244,752 SH   SOLE   190,863 0 53,889
Berkshire Hathaway Cl B COM 084670702 22,439 111,700 SH   OTR   0 0 111,700
Brookfield Asset Management In COM 112585104 71,936 1,542,036 SH   SOLE   1,208,407 0 333,629
Brookfield Asset Management In COM 112585104 36,121 774,300 SH   OTR   0 0 774,300
Cardinal Health COM 14149Y108 39,114 812,327 SH   SOLE   546,206 0 266,121
Cardinal Health COM 14149Y108 10,097 209,700 SH   OTR   0 0 209,700
Carnival COM 143658300 65,448 1,290,379 SH   SOLE   991,171 0 299,208
Carnival COM 143658300 26,177 516,100 SH   OTR   0 0 516,100
CBRE Group, Inc. Cl A COM 12504L109 56,695 1,146,508 SH   SOLE   834,230 0 312,278
CBRE Group, Inc. Cl A COM 12504L109 22,376 452,500 SH   OTR   0 0 452,500
Chubb Limited COM H1467J104 86,375 616,613 SH   SOLE   473,379 0 143,234
Chubb Limited COM H1467J104 33,787 241,200 SH   OTR   0 0 241,200
COHU COM 192576106 10,174 689,792 SH   SOLE   689,792 0 0
Colfax Corporation COM 194014106 157,667 5,312,235 SH   SOLE   4,167,577 0 1,144,658
Colfax Corporation COM 194014106 37,088 1,249,600 SH   OTR   0 0 1,249,600
Commerce Bancshares COM 200525103 36,849 634,664 SH   SOLE   518,059 0 116,605
Crown Holdings COM 228368106 92,700 1,698,741 SH   SOLE   1,215,299 0 483,442
Crown Holdings COM 228368106 30,335 555,900 SH   OTR   0 0 555,900
Donaldson COM 257651109 30,110 601,485 SH   SOLE   482,685 0 118,800
Eaton PLC COM G29183103 89,188 1,107,105 SH   SOLE   792,050 0 315,055
Eaton PLC COM G29183103 29,872 370,800 SH   OTR   0 0 370,800
Emerson Electric COM 291011104 698 10,200 SH   SOLE   4,900 0 5,300
Entegris COM 29362U104 16,565 464,130 SH   SOLE   464,130 0 0
Essent Group Ltd COM G3198U102 9,423 216,859 SH   SOLE   216,859 0 0
Extended Stay America COM 30224P200 21,029 1,171,550 SH   SOLE   995,050 0 176,500
Exxon Mobil COM 30231G102 76,057 941,300 SH   SOLE   732,918 0 208,382
Exxon Mobil COM 30231G102 30,987 383,500 SH   OTR   0 0 383,500
FirstCash Inc COM 33767D105 52,389 605,652 SH   SOLE   467,032 0 138,620
FNF Group COM 31620R303 107,193 2,932,768 SH   SOLE   2,083,352 0 849,416
FNF Group COM 31620R303 37,676 1,030,800 SH   OTR   0 0 1,030,800
Fox Factory Holding Corp COM 35138V102 3,182 45,535 SH   SOLE   45,535 0 0
Gates Industrial Corporation P COM G39108108 28,567 1,992,100 SH   SOLE   1,626,200 0 365,900
General Mills COM 370334104 259 5,000 SH   SOLE   5,000 0 0
Genpact Ltd COM G3922B107 9,491 269,774 SH   SOLE   119,240 0 150,534
Gildan Activewear COM 375916103 125,632 3,492,696 SH   SOLE   2,774,718 0 717,978
Gildan Activewear COM 375916103 29,265 813,600 SH   OTR   0 0 813,600
Glacier Bancorp, Inc. COM 37637Q105 22,533 562,347 SH   SOLE   562,347 0 0
Gorman Rupp Co COM 383082104 4,930 145,249 SH   SOLE   145,249 0 0
H.B. Fuller Company COM 359694106 24,771 509,270 SH   SOLE   509,270 0 0
Hanesbrands Inc COM 410345102 59,707 3,339,317 SH   SOLE   2,376,469 0 962,848
Hanesbrands Inc COM 410345102 19,071 1,066,600 SH   OTR   0 0 1,066,600
Helen of Troy COM G4388N106 62,461 538,645 SH   SOLE   429,725 0 108,920
Hexcel Corporation COM 428291108 29,103 420,810 SH   SOLE   333,410 0 87,400
HFF Inc CL A COM 40418F108 23,193 485,720 SH   SOLE   485,720 0 0
Hill Rom Holdings COM 431475102 23,305 220,152 SH   SOLE   220,152 0 0
Illinois Tool Works COM 452308109 7,144 49,774 SH   SOLE   34,463 0 15,311
Intercontinental Exchange, Inc COM 45866F104 66,312 870,916 SH   SOLE   684,792 0 186,124
Intercontinental Exchange, Inc COM 45866F104 29,893 392,600 SH   OTR   0 0 392,600
Johnson & Johnson COM 478160104 66,028 472,338 SH   SOLE   364,472 0 107,866
Johnson & Johnson COM 478160104 26,756 191,400 SH   OTR   0 0 191,400
Johnson Controls COM G51502105 76,368 2,067,351 SH   SOLE   1,465,788 0 601,563
Johnson Controls COM G51502105 24,790 671,100 SH   OTR   0 0 671,100
JP Morgan Chase COM 46625H100 64,336 635,544 SH   SOLE   471,782 0 163,762
JP Morgan Chase COM 46625H100 24,062 237,700 SH   OTR   0 0 237,700
Laboratory Corp. of America COM 50540R409 63,656 416,107 SH   SOLE   296,340 0 119,767
Laboratory Corp. of America COM 50540R409 21,968 143,600 SH   OTR   0 0 143,600
Malibu Boats Inc COM 56117J100 16,009 404,470 SH   SOLE   404,470 0 0
Mednax COM 58502B106 30,979 1,140,195 SH   SOLE   949,895 0 190,300
Microsoft COM 594918104 212 1,800 SH   SOLE   1,800 0 0
MTS Systems Corporation COM 553777103 10,460 192,071 SH   SOLE   192,071 0 0
National Western Life Grp Cl A COM 638517102 12,479 47,545 SH   SOLE   47,545 0 0
NOW Inc. COM 67011P100 13,853 992,360 SH   SOLE   992,360 0 0
Omnicom Group COM 681919106 75,304 1,031,709 SH   SOLE   738,792 0 292,917
Omnicom Group COM 681919106 25,824 353,800 SH   OTR   0 0 353,800
Perrigo Co PLC COM G97822103 10,062 208,920 SH   SOLE   97,320 0 111,600
Pfizer COM 717081103 217 5,100 SH   SOLE   5,100 0 0
PGT Innovations, Inc. COM 69336V101 34,209 2,469,940 SH   SOLE   2,321,540 0 148,400
Philip Morris Int'l COM 718172109 54,047 611,464 SH   SOLE   448,866 0 162,598
Philip Morris Int'l COM 718172109 28,011 316,900 SH   OTR   0 0 316,900
Plexus Corp COM 729132100 29,455 483,263 SH   SOLE   483,263 0 0
PNC Financial Services COM 693475105 42,638 347,613 SH   SOLE   262,035 0 85,578
PNC Financial Services COM 693475105 20,472 166,900 SH   OTR   0 0 166,900
PRA Group COM 69354N106 24,578 916,760 SH   SOLE   850,110 0 66,650
Progressive COM 743315103 40,616 563,409 SH   SOLE   408,292 0 155,117
Progressive COM 743315103 14,396 199,700 SH   OTR   0 0 199,700
Quanex Building Products COM 747619104 34,916 2,197,346 SH   SOLE   1,742,896 0 454,450
Reliance Steel & Aluminum COM 759509102 91,513 1,013,882 SH   SOLE   820,643 0 193,239
Reliance Steel & Aluminum COM 759509102 20,020 221,800 SH   OTR   0 0 221,800
RenaissanceRe COM G7496G103 51,647 359,910 SH   SOLE   296,170 0 63,740
RenaissanceRe COM G7496G103 10,820 75,400 SH   OTR   0 0 75,400
Rush Enterprises COM 781846209 16,647 398,147 SH   SOLE   398,147 0 0
Schlumberger COM 806857108 48,615 1,115,800 SH   SOLE   848,209 0 267,591
Schlumberger COM 806857108 16,953 389,100 SH   OTR   0 0 389,100
Schweitzer Mauduit COM 808541106 76,682 1,980,423 SH   SOLE   1,557,812 0 422,611
Snap-on Incorporated COM 833034101 71,630 457,644 SH   SOLE   327,258 0 130,386
Snap-on Incorporated COM 833034101 23,713 151,500 SH   OTR   0 0 151,500
State Street COM 857477103 93,224 1,416,568 SH   SOLE   999,686 0 416,882
State Street COM 857477103 30,049 456,600 SH   OTR   0 0 456,600
Steelcase Cl A COM 858155203 51,097 3,511,840 SH   SOLE   2,802,370 0 709,470
Synchrony Financial COM 87165B103 89,691 2,811,620 SH   SOLE   1,966,895 0 844,725
Synchrony Financial COM 87165B103 30,040 941,700 SH   OTR   0 0 941,700
Syneos Health Inc COM 87166B102 47,848 924,419 SH   SOLE   720,799 0 203,620
TCF Financial COM 872275102 41,021 1,982,670 SH   SOLE   1,601,270 0 381,400
TE Connectivity COM H84989104 62,583 775,017 SH   SOLE   547,314 0 227,703
TE Connectivity COM H84989104 19,986 247,500 SH   OTR   0 0 247,500
The Kraft Heinz Company COM 500754106 28,987 887,819 SH   SOLE   688,210 0 199,609
The Kraft Heinz Company COM 500754106 11,330 347,000 SH   OTR   0 0 347,000
Torchmark COM 891027104 12,390 151,190 SH   SOLE   69,990 0 81,200
Umpqua Holdings COM 904214103 23,543 1,426,866 SH   SOLE   1,426,866 0 0
United Parcel Service COM 911312106 68,593 613,863 SH   SOLE   472,849 0 141,014
United Parcel Service COM 911312106 27,723 248,100 SH   OTR   0 0 248,100
UnitedHealth Group COM 91324P102 42,603 172,300 SH   SOLE   133,690 0 38,610
UnitedHealth Group COM 91324P102 18,792 76,000 SH   OTR   0 0 76,000
Varex Imaging Corporation COM 92214X106 25,519 753,230 SH   SOLE   753,230 0 0
Verizon Communications COM 92343V104 80,443 1,360,441 SH   SOLE   1,037,537 0 322,904
Verizon Communications COM 92343V104 30,824 521,300 SH   OTR   0 0 521,300
Wells Fargo COM 949746101 60,487 1,251,803 SH   SOLE   1,100,748 0 151,055
Wells Fargo COM 949746101 27,629 571,800 SH   OTR   0 0 571,800
Whirlpool Corp. COM 963320106 65,222 490,796 SH   SOLE   350,019 0 140,777
Whirlpool Corp. COM 963320106 21,821 164,200 SH   OTR   0 0 164,200
Williams-Sonoma Inc COM 969904101 44,628 793,100 SH   SOLE   643,500 0 149,600
Winnebago COM 974637100 60,395 1,938,850 SH   SOLE   1,735,558 0 203,292
Woodward COM 980745103 43,254 455,829 SH   SOLE   369,199 0 86,630
World Fuel Svcs COM 981475106 47,128 1,631,291 SH   SOLE   1,391,298 0 239,993
World Fuel Svcs COM 981475106 16,306 564,400 SH   OTR   0 0 564,400
Diageo plc ADR ADR 25243Q205 27,514 168,170 SH   SOLE   133,897 0 34,273
Diageo plc ADR ADR 25243Q205 11,911 72,800 SH   OTR   0 0 72,800
Unilever PLC ADR ADR 904767704 271 4,700 SH   SOLE   4,700 0 0