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 94,091 5,352,171 SH   SOLE   4,381,662 0 970,509
Aerojet Rocketdyne Holdings COM 007800105 1,295 73,646 SH   OTR 4 73,646 0 0
Amdocs LTD COM G02602103 118,222 2,043,601 SH   SOLE   1,079,394 0 964,207
Amerisafe Inc. COM 03071H100 32,319 549,837 SH   SOLE   486,520 0 63,317
Amerisafe Inc. COM 03071H100 970 16,501 SH   OTR 4 16,501 0 0
Ares Capital Corp. COM 04010L103 19,250 1,241,950 SH   SOLE   1,020,775 0 221,175
Ares Capital Corp. COM 04010L103 536 34,563 SH   OTR 4 34,563 0 0
Autozone Inc. COM 053332102 164,867 214,576 SH   SOLE   123,708 0 90,868
Belmond LTD COM G1154H107 49,945 3,929,565 SH   SOLE   3,380,000 0 549,565
Belmond LTD COM G1154H107 1,461 114,962 SH   OTR 4 114,962 0 0
Bristol-Myers Squibb Co. COM 110122108 448 8,312 SH   SOLE   8,312 0 0
Brookdale Sr Living Inc. COM 112463104 85,824 4,918,304 SH   SOLE   4,105,097 0 813,207
Brookdale Sr Living Inc. COM 112463104 1,337 76,605 SH   OTR 4 76,605 0 0
Brookfield Asset Mgmt Inc. Cla COM 112585104 66,434 1,888,390 SH   SOLE   790,467 0 1,097,923
Brookfield Infrast Partners LP COM G16252101 478 13,791 SH   SOLE   13,791 0 0
Cardtronics PLC Cl A COM G1991C105 99,770 2,237,005 SH   SOLE   1,861,090 0 375,915
Cardtronics PLC Cl A COM G1991C105 1,534 34,390 SH   OTR 4 34,390 0 0
CGI Group Inc - Class A COM 39945C109 163,082 3,423,943 SH   SOLE   1,920,200 0 1,503,743
Corrections Corp of America COM 22025Y407 48,913 3,526,511 SH   SOLE   2,373,852 0 1,152,659
Corrections Corp of America COM 22025Y407 409 29,477 SH   OTR 4 29,477 0 0
Discovery Comm Cl A COM 25470F104 135,465 5,032,115 SH   SOLE   2,785,165 0 2,246,950
Dish Network Corp Class A COM 25470M109 66,061 1,205,941 SH   SOLE   513,591 0 692,350
Dorman Products Inc COM 258278100 54,419 851,627 SH   SOLE   710,317 0 141,310
Dorman Products Inc COM 258278100 1,859 29,088 SH   OTR 4 29,088 0 0
Dun & Bradstreet Corp COM 26483E100 143,667 1,051,581 SH   SOLE   574,961 0 476,620
FedEx Corp. COM 31428X106 61,112 349,850 SH   SOLE   155,461 0 194,389
First Horizon Natl Corp COM 320517105 308 20,217 SH   SOLE   20,217 0 0
FirstCash Inc COM 33767D105 42,408 900,774 SH   SOLE   775,369 0 125,405
FirstCash Inc COM 33767D105 1,210 25,694 SH   OTR 4 25,694 0 0
Fiserv Inc COM 337738108 123,810 1,244,692 SH   SOLE   692,473 0 552,219
Flowserve Corp COM 34354P105 87,896 1,822,055 SH   SOLE   917,192 0 904,863
FMC Corp COM 302491303 15,555 321,780 SH   SOLE   104,880 0 216,900
Gannett Inc. COM 36473H104 97,434 8,370,602 SH   SOLE   5,692,916 0 2,677,686
Gannett Inc. COM 36473H104 920 78,999 SH   OTR 4 78,999 0 0
Haynes International Inc COM 420877201 19,266 519,148 SH   SOLE   450,583 0 68,565
Haynes International Inc COM 420877201 530 14,293 SH   OTR 4 14,293 0 0
Howard Hughes Corp COM 44267D107 114,356 998,743 SH   SOLE   692,764 0 305,979
Howard Hughes Corp COM 44267D107 1,184 10,338 SH   OTR 4 10,338 0 0
HSN Inc. COM 404303109 77,746 1,953,420 SH   SOLE   1,620,340 0 333,080
HSN Inc. COM 404303109 975 24,498 SH   OTR 4 24,498 0 0
Infinity Property & Casualty C COM 45665Q103 43,822 530,345 SH   SOLE   462,500 0 67,845
Infinity Property & Casualty C COM 45665Q103 1,163 14,077 SH   OTR 4 14,077 0 0
International Business Machine COM 459200101 238 1,500 SH   SOLE   1,500 0 0
Interval Leisure Group Inc COM 46113M108 39,067 2,275,290 SH   SOLE   1,960,625 0 314,665
Interval Leisure Group Inc COM 46113M108 953 55,528 SH   OTR 4 55,528 0 0
Kinder Morgan Inc COM 49456B101 421 18,193 SH   SOLE   18,193 0 0
Liberty Interactive Corp QVC G COM 53071M104 65,629 3,279,805 SH   SOLE   1,250,605 0 2,029,200
MacQuarie Infrastructure Corp COM 55608B105 258 3,100 SH   SOLE   3,100 0 0
MEDNAX Inc COM 58502B106 20,297 306,364 SH   SOLE   121,964 0 184,400
Mettler Toledo International COM 592688105 227 540 SH   SOLE   540 0 0
MSC Industrial Direct Co-A COM 553530106 156,386 2,130,315 SH   SOLE   1,347,140 0 783,175
MSC Industrial Direct Co-A COM 553530106 1,174 15,996 SH   OTR 4 15,996 0 0
MTS Systems Corp COM 553777103 25,597 556,086 SH   SOLE   480,121 0 75,965
MTS Systems Corp COM 553777103 730 15,855 SH   OTR 4 15,855 0 0
Open Text Corp COM 683715106 226,382 3,490,318 SH   SOLE   1,890,635 0 1,599,683
Pool Corp. COM 73278L105 21,394 226,345 SH   SOLE   195,455 0 30,890
Pool Corp. COM 73278L105 599 6,336 SH   OTR 4 6,336 0 0
Rush Enterprises Inc Class A COM 781846209 41,240 1,684,644 SH   SOLE   1,453,504 0 231,140
Rush Enterprises Inc Class A COM 781846209 1,156 47,229 SH   OTR 4 47,229 0 0
Scripps Networks Interactive C COM 811065101 102,915 1,620,966 SH   SOLE   910,266 0 710,700
Service Corp International COM 817565104 72,191 2,720,069 SH   SOLE   1,750,669 0 969,400
Sirius XM Holdings Inc. COM 82968B103 86,745 20,802,140 SH   SOLE   9,121,117 0 11,681,023
Stanley Black & Decker COM 854502101 65,209 530,244 SH   SOLE   211,520 0 318,724
TEGNA Inc COM 87901J105 202,861 9,279,989 SH   SOLE   5,832,572 0 3,447,417
TEGNA Inc COM 87901J105 1,268 58,013 SH   OTR 4 58,013 0 0
Teleflex Inc COM 879369106 106,895 636,088 SH   SOLE   335,396 0 300,692
Thermo Fisher Scientific Inc. COM 883556102 150,682 947,327 SH   SOLE   620,427 0 326,900
Thermon Group Holding Inc COM 88362T103 19,779 1,001,454 SH   SOLE   870,164 0 131,290
Thermon Group Holding Inc COM 88362T103 557 28,220 SH   OTR 4 28,220 0 0
Tribune Media Co COM 896047503 70,248 1,923,543 SH   SOLE   960,230 0 963,313
UniFirst Corp COM 904708104 40,074 303,916 SH   SOLE   260,476 0 43,440
UniFirst Corp COM 904708104 1,110 8,415 SH   OTR 4 8,415 0 0
ViaSat Inc COM 92552V100 158,392 2,121,796 SH   SOLE   1,448,027 0 673,769
ViaSat Inc COM 92552V100 1,394 18,672 SH   OTR 4 18,672 0 0
Walter Investment Management C COM 93317W102 14,905 3,671,201 SH   SOLE   2,671,059 0 1,000,142
Walter Investment Management C COM 93317W102 162 39,951 SH   OTR 4 39,951 0 0
Wesco Intl Inc COM 95082P105 32,637 530,770 SH   SOLE   454,830 0 75,940
Wesco Intl Inc COM 95082P105 924 15,025 SH   OTR 4 15,025 0 0
Western Union Co COM 959802109 12,262 588,948 SH   SOLE   194,849 0 394,099
Willis Towers Watson PLC COM G96629103 64,739 487,601 SH   SOLE   210,167 0 277,434
Xylem Inc COM 98419M100 84,501 1,611,079 SH   SOLE   1,042,705 0 568,374
Zebra Technologies Corp Cl A COM 989207105 176,743 2,539,042 SH   SOLE   1,630,018 0 909,024
Zebra Technologies Corp Cl A COM 989207105 1,465 21,039 SH   OTR 4 21,039 0 0
iShares - Barclays 1-3 Credit MF 464288646 664 6,274 SH   SOLE   6,274 0 0
iShares - Barclays Intermediat MF 464288638 473 4,245 SH   SOLE   4,245 0 0
iShares - High Yield Corporate MF 464288513 1,258 14,415 SH   SOLE   14,415 0 0
SPDR Bloomberg Barclays High Y MF 78464A417 492 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 2,219 25,900 SH   SOLE   25,900 0 0
iShares - Russell 2000 MF 464287655 10,968 88,300 SH   SOLE   88,300 0 0
iShares - Russell 2000 Value MF 464287630 21,195 202,335 SH   SOLE   127,225 0 75,110
iShares - Russell Midcap Value MF 464287473 22,516 293,295 SH   SOLE   35,995 0 257,300