13F-HR 1 hr13f4q11.txt HR13F4Q11 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12/31/2011 Check here if Amendment []; Amendment Number: ------- This Amendment (Check only one.): [] is a restatement. [] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Ariel Investments, LLC Address: 200 E. Randolph Drive Suite 2900 Chicago, IL 60601 Form 13F File Number: 28-04003 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Persons Signing this Report on Behalf of Reporting Manager: Name: Wendy D. Fox Title: Vice President/Chief Compliance Officer Phone: 312-726-0140 Signature, Place, and Date of Signing: /s/ Wendy D. Fox Chicago, IL February 14,2012 --------------------------------- -------------- ---------------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 252 Form 13F Information Table Value Total: $4,340,586,682.00 -------------- List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1 28-05955 PAX WORLD MANAGEMENT CORP ---- -------------------- ---------------------------------------------------- 2 28-06386 GW CAPITAL MANAGEMENT LLC ---- -------------------- ----------------------------------------------------
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ----------------------------------- -------------- --------- --------- ----------------- ---------- -------- ----------------------- SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP VALUE PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ----------------------------------- -------------- --------- --------- -------- --- ---- ---------- -------- -------- ------ ------- 21st Century Holding Co. COMMON 90136Q100 795654 268802 SH SOLE 0 68502 0 200300 Abbott Laboratories COMMON 002824100 2333826 41505 SH SOLE 0 32305 0 9200 Accenture plc COMMON G1151C101 42117492 791236 SH SOLE 0 763038 0 28198 Accenture plc COMMON G1151C101 962398 18080 SH OTHER 2 18080 0 0 AFLAC Inc. COMMON 001055102 73935277 1709091 SH SOLE 0 1660301 0 48790 AFLAC Inc. COMMON 001055102 1756356 40600 SH OTHER 2 40600 0 0 American Electric Technologies, COMMON 025576109 845050 166414 SH SOLE 0 42915 0 123499 Inc. American Reprographics Co. COMMON 029263100 2428468 529078 SH SOLE 0 157378 0 371700 Anixter Intl Inc. COMMON 035290105 17510543 293604 SH SOLE 0 269029 0 24575 Anixter Intl Inc. COMMON 035290105 10139 170 SH OTHER 1 170 0 0 Anixter Intl Inc. COMMON 035290105 781284 13100 SH OTHER 2 13100 0 0 Apollo Group, Inc. COMMON 037604105 3506668 65095 SH SOLE 0 51795 0 13300 Astro-Med, Inc. COMMON 04638F108 1099850 144527 SH SOLE 0 35834 0 108693 AuthenTec, Inc. COMMON 052660107 753092 234608 SH SOLE 0 55629 0 178979 Avatar Holdings Inc. COMMON 053494100 2005151 279269 SH SOLE 0 82569 0 196700 Ballantyne Strong, Inc. COMMON 058516105 3753606 917752 SH SOLE 0 269731 0 648021 Bank of New York Mellon Corp. COMMON 064058100 4541172 228085 SH SOLE 0 179885 0 48200 Baxter Intl Inc. COMMON 071813109 18600720 375924 SH SOLE 0 360271 0 15653 Baxter Intl Inc. COMMON 071813109 411921 8325 SH OTHER 2 8325 0 0 Berkshire Hathaway Inc. COMMON 084670702 4004224 52480 SH SOLE 0 41680 0 10800 Bio-Rad Laboratories, Inc. COMMON 090572207 92186491 959876 SH SOLE 0 931409 0 28467 Bio-Rad Laboratories, Inc. COMMON 090572207 18728 195 SH OTHER 1 195 0 0 Bio-Rad Laboratories, Inc. COMMON 090572207 1932805 20125 SH OTHER 2 20125 0 0 Blackstone Group L.P. COMMON 09253U108 37768158 2695800 SH SOLE 0 2649040 0 46760 Blackstone Group L.P. COMMON 09253U108 997512 71200 SH OTHER 2 71200 0 0 Blount Intl, Inc. COMMON 095180105 12989737 894610 SH SOLE 0 796060 0 98550 Blount Intl, Inc. COMMON 095180105 143022 9850 SH OTHER 0 0 9850 Blount Intl, Inc. COMMON 095180105 732897 50475 SH OTHER 2 50475 0 0 Bob Evans Farms, Inc. COMMON 096761101 11776632 351122 SH SOLE 0 312422 0 38700 Bob Evans Farms, Inc. COMMON 096761101 689247 20550 SH OTHER 2 20550 0 0 Brady Corp. COMMON 104674106 78276836 2479469 SH SOLE 0 2406594 0 72875 Brady Corp. COMMON 104674106 21783 690 SH OTHER 1 690 0 0 Brady Corp. COMMON 104674106 150115 4755 SH OTHER 0 0 4755 Brady Corp. COMMON 104674106 1275428 40400 SH OTHER 2 40400 0 0 Brink's Co. COMMON 109696104 40947137 1523331 SH SOLE 0 1462906 0 60425 Brink's Co. COMMON 109696104 11021 410 SH OTHER 1 410 0 0 Brink's Co. COMMON 109696104 86285 3210 SH OTHER 0 0 3210 Brink's Co. COMMON 109696104 912576 33950 SH OTHER 2 33950 0 0 Callaway Golf Co. COMMON 131193104 937529 169535 SH SOLE 0 53035 0 116500 Carnival Corp. COMMON 143658300 57547323 1763092 SH SOLE 0 1705349 0 57743 Carnival Corp. COMMON 143658300 1361088 41700 SH OTHER 2 41700 0 0 CBRE Group, Inc. COMMON 12504L109 93528148 6145082 SH SOLE 0 6106717 0 38365 CBRE Group, Inc. COMMON 12504L109 22754 1495 SH OTHER 1 1495 0 0 CBRE Group, Inc. COMMON 12504L109 143525 9430 SH OTHER 0 0 9430 CBRE Group, Inc. COMMON 12504L109 828729 54450 SH OTHER 2 54450 0 0 CBS Corp. COMMON 124857202 72590734 2674677 SH SOLE 0 2629140 0 45537 CBS Corp. COMMON 124857202 1785812 65800 SH OTHER 2 65800 0 0 Charles River Laboratories Int COMMON 159864107 1303641 47700 SH OTHER 2 47700 0 0 Charles River Laboratories Intl COMMON 159864107 77991758 2853705 SH SOLE 0 2766530 0 87175 Inc. Charles River Laboratories Intl COMMON 159864107 18858 690 SH OTHER 1 690 0 0 Inc. Charles River Laboratories Intl COMMON 159864107 99755 3650 SH OTHER 0 0 3650 Inc. Chesapeake Energy Corp. COMMON 165167107 50552383 2267940 SH SOLE 0 2191590 0 76350 Chesapeake Energy Corp. COMMON 165167107 1179141 52900 SH OTHER 2 52900 0 0 Citigroup Inc. COMMON 172967424 3487312 132547 SH SOLE 0 105357 0 27190 City National Corp. COMMON 178566105 70055033 1585673 SH SOLE 0 1543322 0 42351 City National Corp. COMMON 178566105 9278 210 SH OTHER 1 210 0 0 City National Corp. COMMON 178566105 57434 1300 SH OTHER 0 0 1300 City National Corp. COMMON 178566105 1586062 35900 SH OTHER 2 35900 0 0 Contango Oil & Gas Co. COMMON 21075N204 58313290 1002291 SH SOLE 0 975716 0 26575 Contango Oil & Gas Co. COMMON 21075N204 15127 260 SH OTHER 1 260 0 0 Contango Oil & Gas Co. COMMON 21075N204 100070 1720 SH OTHER 0 0 1720 Contango Oil & Gas Co. COMMON 21075N204 866882 14900 SH OTHER 2 14900 0 0 Cowen Group, Inc. COMMON 223622101 1720032 664105 SH SOLE 0 199505 0 464600 Crown Crafts, Inc. COMMON 228309100 1376783 418475 SH SOLE 0 108775 0 309700 CSP Inc. COMMON 126389105 761224 236405 SH SOLE 0 62789 0 173616 Dell Inc. COMMON 24702R101 71635941 4896510 SH SOLE 0 4709580 0 186930 Dell Inc. COMMON 24702R101 1616615 110500 SH OTHER 2 110500 0 0 DeVry Inc. COMMON 251893103 125327141 3258636 SH SOLE 0 3154531 0 104105 DeVry Inc. COMMON 251893103 23268 605 SH OTHER 1 605 0 0 DeVry Inc. COMMON 251893103 112880 2935 SH OTHER 0 0 2935 DeVry Inc. COMMON 251893103 2215296 57600 SH OTHER 2 57600 0 0 Dun & Bradstreet Corp. COMMON 26483E100 56085010 749499 SH SOLE 0 749499 0 0 Dun & Bradstreet Corp. COMMON 26483E100 19082 255 SH OTHER 1 255 0 0 Dun & Bradstreet Corp. COMMON 26483E100 106633 1425 SH OTHER 0 0 1425 Edgewater Technology Inc. COMMON 280358102 2001179 725065 SH SOLE 0 190198 0 534867 Energizer Holdings, Inc. COMMON 29266R108 24277428 313338 SH SOLE 0 313338 0 0 Energizer Holdings, Inc. COMMON 29266R108 10847 140 SH OTHER 1 140 0 0 Energizer Holdings, Inc. COMMON 29266R108 63921 825 SH OTHER 0 0 825 Exxon Mobil Corp. COMMON 30231G102 8150522 96160 SH SOLE 0 76660 0 19500 Fair Isaac Corp. COMMON 303250104 94868122 2646990 SH SOLE 0 2559190 0 87800 Fair Isaac Corp. COMMON 303250104 28134 785 SH OTHER 1 785 0 0 Fair Isaac Corp. COMMON 303250104 167373 4670 SH OTHER 0 0 4670 Fair Isaac Corp. COMMON 303250104 1763328 49200 SH OTHER 2 49200 0 0 First American Financial Corp. COMMON 31847R102 110759607 8741879 SH SOLE 0 8525839 0 216040 First American Financial Corp. COMMON 31847R102 16534 1305 SH OTHER 1 1305 0 0 First American Financial Corp. COMMON 31847R102 128284 10125 SH OTHER 0 0 10125 First American Financial Corp. COMMON 31847R102 2267930 179000 SH OTHER 2 179000 0 0 Franklin Resources, Inc. COMMON 354613101 50349465 524146 SH SOLE 0 515322 0 8824 Franklin Resources, Inc. COMMON 354613101 1277598 13300 SH OTHER 2 13300 0 0 Gaiam, Inc. COMMON 36268Q103 1078936 333005 SH SOLE 0 98105 0 234900 Gannett Co., Inc. COMMON 364730101 150852814 11282933 SH SOLE 0 10977907 0 305026 Gannett Co., Inc. COMMON 364730101 29681 2220 SH OTHER 1 2220 0 0 Gannett Co., Inc. COMMON 364730101 3133928 234400 SH OTHER 2 234400 0 0 Goldman Sachs Group, Inc. COMMON 38141G104 5298746 58595 SH SOLE 0 46095 0 12500 HCC Insurance Holdings, Inc. COMMON 404132102 8508803 309411 SH SOLE 0 274851 0 34560 HCC Insurance Holdings, Inc. COMMON 404132102 116380 4232 SH OTHER 0 0 4232 HCC Insurance Holdings, Inc. COMMON 404132102 455813 16575 SH OTHER 2 16575 0 0 Heelys, Inc. COMMON 42279M107 906186 489830 SH SOLE 0 127330 0 362500 Herman Miller, Inc. COMMON 600544100 33779994 1830894 SH SOLE 0 1757049 0 73845 Herman Miller, Inc. COMMON 600544100 10609 575 SH OTHER 1 575 0 0 Herman Miller, Inc. COMMON 600544100 763830 41400 SH OTHER 2 41400 0 0 Horace Mann Educators Corp. COMMON 440327104 9539404 695799 SH SOLE 0 618134 0 77665 Horace Mann Educators Corp. COMMON 440327104 116604 8505 SH OTHER 0 0 8505 Horace Mann Educators Corp. COMMON 440327104 519609 37900 SH OTHER 2 37900 0 0 Hospira, Inc. COMMON 441060100 91102104 2999740 SH SOLE 0 2946005 0 53735 Hospira, Inc. COMMON 441060100 22747 749 SH OTHER 1 749 0 0 Hospira, Inc. COMMON 441060100 116013 3820 SH OTHER 0 0 3820 Hospira, Inc. COMMON 441060100 622585 20500 SH OTHER 2 20500 0 0 IDEX Corp. COMMON 45167R104 63366030 1707519 SH SOLE 0 1644289 0 63230 IDEX Corp. COMMON 45167R104 18555 500 SH OTHER 1 500 0 0 IDEX Corp. COMMON 45167R104 119420 3218 SH OTHER 0 0 3218 IDEX Corp. COMMON 45167R104 1281223 34525 SH OTHER 2 34525 0 0 Illinois Tool Works Inc. COMMON 452308109 32533842 696507 SH SOLE 0 684292 0 12215 Illinois Tool Works Inc. COMMON 452308109 822096 17600 SH OTHER 2 17600 0 0 Imation Corp. COMMON 45245A107 1187428 207230 SH SOLE 0 61930 0 145300 InfoSpace, Inc. COMMON 45678T300 1147686 104430 SH SOLE 0 31830 0 72600 Interface, Inc. COMMON 458665106 55465164 4806340 SH SOLE 0 4628315 0 178025 Interface, Inc. COMMON 458665106 14367 1245 SH OTHER 1 1245 0 0 Interface, Inc. COMMON 458665106 85223 7385 SH OTHER 0 0 7385 Interface, Inc. COMMON 458665106 1103224 95600 SH OTHER 2 95600 0 0 International Business Machines COMMON 459200101 5634451 30642 SH SOLE 0 24542 0 6100 Corp. International Game Technology COMMON 459902102 108471026 6306455 SH SOLE 0 6262215 0 44240 International Game Technology COMMON 459902102 24682 1435 SH OTHER 1 1435 0 0 International Game Technology COMMON 459902102 144824 8420 SH OTHER 0 0 8420 International Game Technology COMMON 459902102 1136920 66100 SH OTHER 2 66100 0 0 Interpublic Group of Cos., Inc COMMON 460690100 3234982 332475 SH OTHER 2 332475 0 0 Interpublic Group of Cos., Inc. COMMON 460690100 166986124 17161986 SH SOLE 0 16761974 0 400012 Interpublic Group of Cos., Inc. COMMON 460690100 29579 3040 SH OTHER 1 3040 0 0 Interpublic Group of Cos., Inc. COMMON 460690100 172805 17760 SH OTHER 0 0 17760 IShares Russell 2000 Value COMMON 464287630 809735 12336 SH SOLE 0 12336 0 0 J.M. Smucker Co. COMMON 832696405 84314397 1078603 SH SOLE 0 1070123 0 8480 J.M. Smucker Co. COMMON 832696405 18917 242 SH OTHER 1 242 0 0 J.M. Smucker Co. COMMON 832696405 1008393 12900 SH OTHER 2 12900 0 0 JAKKS Pacific, Inc. COMMON 47012E106 1147990 81360 SH SOLE 0 22960 0 58400 Janus Capital Group Inc. COMMON 47102X105 137165417 21737784 SH SOLE 0 21176354 0 561430 Janus Capital Group Inc. COMMON 47102X105 25492 4040 SH OTHER 1 4040 0 0 Janus Capital Group Inc. COMMON 47102X105 2676071 424100 SH OTHER 2 424100 0 0 Johnson & Johnson COMMON 478160104 6194752 94461 SH SOLE 0 75761 0 18700 Jones Lang LaSalle Inc. COMMON 48020Q107 145510082 2375287 SH SOLE 0 2310401 0 64886 Jones Lang LaSalle Inc. COMMON 48020Q107 23279 380 SH OTHER 1 380 0 0 Jones Lang LaSalle Inc. COMMON 48020Q107 3057670 49913 SH OTHER 2 49913 0 0 JPMorgan Chase & Co. COMMON 46625H100 3665347 110236 SH SOLE 0 88436 0 21800 KKR & Co. L.P. COMMON 48248M102 81829445 6377977 SH SOLE 0 6328487 0 49490 KKR & Co. L.P. COMMON 48248M102 15268 1190 SH OTHER 1 1190 0 0 KKR & Co. L.P. COMMON 48248M102 964816 75200 SH OTHER 2 75200 0 0 Knoll, Inc. COMMON 498904200 14207663 956745 SH SOLE 0 851820 0 104925 Knoll, Inc. COMMON 498904200 874665 58900 SH OTHER 2 58900 0 0 Landec Corp. COMMON 514766104 1816604 329095 SH SOLE 0 96995 0 232100 Lazard Ltd COMMON G54050102 161281966 6177019 SH SOLE 0 6024324 0 152695 Lazard Ltd COMMON G54050102 28590 1095 SH OTHER 1 1095 0 0 Lazard Ltd COMMON G54050102 149349 5720 SH OTHER 0 0 5720 Lazard Ltd COMMON G54050102 3167143 121300 SH OTHER 2 121300 0 0 Littelfuse, Inc. COMMON 537008104 43861262 1020504 SH SOLE 0 968554 0 51950 Littelfuse, Inc. COMMON 537008104 1258240 29275 SH OTHER 2 29275 0 0 Lockheed Martin Corp. COMMON 539830109 5873340 72600 SH SOLE 0 57700 0 14900 Madison Square Garden Co. COMMON 55826P100 63520971 2217911 SH SOLE 0 2148166 0 69745 Madison Square Garden Co. COMMON 55826P100 8592 300 SH OTHER 1 300 0 0 Madison Square Garden Co. COMMON 55826P100 124154 4335 SH OTHER 0 0 4335 Madison Square Garden Co. COMMON 55826P100 1663984 58100 SH OTHER 2 58100 0 0 Markel Corp. COMMON 570535104 6708531 16178 SH SOLE 0 14384 0 1794 Markel Corp. COMMON 570535104 47687 115 SH OTHER 0 0 115 Markel Corp. COMMON 570535104 418817 1010 SH OTHER 2 1010 0 0 Market Leader, Inc. COMMON 57056R103 4485047 1630926 SH SOLE 0 468894 0 1162032 Mattel, Inc. COMMON 577081102 11399366 410640 SH SOLE 0 403370 0 7270 Mattel, Inc. COMMON 577081102 120201 4330 SH OTHER 0 0 4330 Mattel, Inc. COMMON 577081102 285928 10300 SH OTHER 2 10300 0 0 Matthews Intl Corp. COMMON 577128101 12694923 403911 SH SOLE 0 359481 0 44430 Matthews Intl Corp. COMMON 577128101 99633 3170 SH OTHER 0 0 3170 Matthews Intl Corp. COMMON 577128101 782010 24881 SH OTHER 2 24881 0 0 McCormick & Co., Inc. COMMON 579780206 27528816 545990 SH SOLE 0 545990 0 0 McCormick & Co., Inc. COMMON 579780206 10840 215 SH OTHER 1 215 0 0 MEDTOX Scientific, Inc. COMMON 584977201 771837 54935 SH SOLE 0 14435 0 40500 Meredith Corp. COMMON 589433101 67302000 2061317 SH SOLE 0 1994142 0 67175 Meredith Corp. COMMON 589433101 15835 485 SH OTHER 1 485 0 0 Meredith Corp. COMMON 589433101 125213 3835 SH OTHER 0 0 3835 Meredith Corp. COMMON 589433101 1227640 37600 SH OTHER 2 37600 0 0 Microsoft Corp. COMMON 594918104 9087480 350057 SH SOLE 0 279157 0 70900 Middleby Corp. COMMON 596278101 19334624 205600 SH SOLE 0 183400 0 22200 Middleby Corp. COMMON 596278101 151875 1615 SH OTHER 0 0 1615 Middleby Corp. COMMON 596278101 1119076 11900 SH OTHER 2 11900 0 0 Mitcham Industries, Inc. COMMON 606501104 4614989 211309 SH SOLE 0 61112 0 150197 Mohawk Industries, Inc. COMMON 608190104 137964544 2305172 SH SOLE 0 2246637 0 58535 Mohawk Industries, Inc. COMMON 608190104 26035 435 SH OTHER 1 435 0 0 Mohawk Industries, Inc. COMMON 608190104 162792 2720 SH OTHER 0 0 2720 Mohawk Industries, Inc. COMMON 608190104 2747115 45900 SH OTHER 2 45900 0 0 Morgan Stanley COMMON 617446448 5183235 342580 SH SOLE 0 274280 0 68300 Multi-Fineline Electronix, Inc. COMMON 62541B101 1784254 86825 SH SOLE 0 26525 0 60300 Myrexis, Inc. COMMON 62856H107 822733 306990 SH SOLE 0 79590 0 227400 Newell Rubbermaid Inc. COMMON 651229106 82840876 5129466 SH SOLE 0 5103511 0 25955 Newell Rubbermaid Inc. COMMON 651229106 22529 1395 SH OTHER 1 1395 0 0 Newell Rubbermaid Inc. COMMON 651229106 612085 37900 SH OTHER 2 37900 0 0 Nordstrom, Inc. COMMON 655664100 60849017 1224080 SH SOLE 0 1215700 0 8380 Nordstrom, Inc. COMMON 655664100 14913 300 SH OTHER 1 300 0 0 Nordstrom, Inc. COMMON 655664100 82767 1665 SH OTHER 0 0 1665 Nordstrom, Inc. COMMON 655664100 626346 12600 SH OTHER 2 12600 0 0 Northern Trust Corp. COMMON 665859104 64304169 1621386 SH SOLE 0 1605321 0 16065 Northern Trust Corp. COMMON 665859104 1579460 39825 SH OTHER 2 39825 0 0 Omnicom Group Inc. COMMON 681919106 59434992 1333221 SH SOLE 0 1282225 0 50996 Omnicom Group Inc. COMMON 681919106 1292820 29000 SH OTHER 2 29000 0 0 ORBCOMM Inc. COMMON 68555P100 1364714 456426 SH SOLE 0 118926 0 337500 Orion Energy Systems, Inc. COMMON 686275108 3644970 1235583 SH SOLE 0 359134 0 876449 PCTEL, Inc. COMMON 69325Q105 3231455 472435 SH SOLE 0 138435 0 334000 Perceptron, Inc. COMMON 71361F100 2655161 557807 SH SOLE 0 139103 0 418704 Pervasive Software Inc. COMMON 715710109 3589398 616735 SH SOLE 0 182780 0 433955 PrivateBancorp, Inc. COMMON 742962103 7528799 685683 SH SOLE 0 607858 0 77825 PrivateBancorp, Inc. COMMON 742962103 505904 46075 SH OTHER 2 46075 0 0 Red Lion Hotels Corp. COMMON 756764106 1549825 223640 SH SOLE 0 58440 0 165200 Rosetta Stone Inc. COMMON 777780107 360060 47190 SH SOLE 0 22670 0 24520 Royal Caribbean Cruises Ltd. COMMON V7780T103 61248407 2472685 SH SOLE 0 2472685 0 0 Royal Caribbean Cruises Ltd. COMMON V7780T103 22541 910 SH OTHER 1 910 0 0 Royal Caribbean Cruises Ltd. COMMON V7780T103 136854 5525 SH OTHER 0 0 5525 Shoe Carnival, Inc. COMMON 824889109 1751198 68140 SH SOLE 0 20240 0 47900 Sigma Designs, Inc. COMMON 826565103 1410330 235055 SH SOLE 0 70055 0 165000 Simpson Manufacturing Co., Inc COMMON 829073105 959310 28500 SH OTHER 2 28500 0 0 Simpson Manufacturing Co., Inc. COMMON 829073105 60078556 1784865 SH SOLE 0 1734040 0 50825 Simpson Manufacturing Co., Inc. COMMON 829073105 14306 425 SH OTHER 1 425 0 0 Simpson Manufacturing Co., Inc. COMMON 829073105 75903 2255 SH OTHER 0 0 2255 Sotheby's COMMON 835898107 52739074 1848548 SH SOLE 0 1799033 0 49515 Sotheby's COMMON 835898107 6705 235 SH OTHER 1 235 0 0 Sotheby's COMMON 835898107 52781 1850 SH OTHER 0 0 1850 Sotheby's COMMON 835898107 1159031 40625 SH OTHER 2 40625 0 0 St. Jude Medical, Inc. COMMON 790849103 43288315 1262050 SH SOLE 0 1240535 0 21515 St. Jude Medical, Inc. COMMON 790849103 1104460 32200 SH OTHER 2 32200 0 0 Stanley Black & Decker, Inc. COMMON 854502101 85932782 1271195 SH SOLE 0 1261451 0 9744 Stanley Black & Decker, Inc. COMMON 854502101 20753 307 SH OTHER 1 307 0 0 Stanley Black & Decker, Inc. COMMON 854502101 980335 14502 SH OTHER 2 14502 0 0 Symmetry Medical Inc. COMMON 871546206 47148031 5900880 SH SOLE 0 5444455 0 456425 Symmetry Medical Inc. COMMON 871546206 8669 1085 SH OTHER 1 1085 0 0 Symmetry Medical Inc. COMMON 871546206 1459773 182700 SH OTHER 2 182700 0 0 T. Rowe Price Group, Inc. COMMON 74144T108 26277015 461405 SH SOLE 0 453766 0 7639 T. Rowe Price Group, Inc. COMMON 74144T108 666315 11700 SH OTHER 2 11700 0 0 Target Corp. COMMON 87612E106 6815845 133070 SH SOLE 0 106970 0 26100 Team, Inc. COMMON 878155100 30912392 1039072 SH SOLE 0 842572 0 196500 Team, Inc. COMMON 878155100 202151 6795 SH OTHER 0 0 6795 Team, Inc. COMMON 878155100 1555925 52300 SH OTHER 2 52300 0 0 Tecumseh Products Co. COMMON 878895200 449837 95710 SH SOLE 0 29310 0 66400 Thermo Fisher Scientific Inc. COMMON 883556102 45193906 1004979 SH SOLE 0 987728 0 17251 Thermo Fisher Scientific Inc. COMMON 883556102 1146555 25496 SH OTHER 2 25496 0 0 Tyco Intl Ltd. COMMON H89128104 5846737 125171 SH SOLE 0 100071 0 25100 Versar Inc. COMMON 925297103 1254365 393218 SH SOLE 0 101117 0 292101 Viacom, Inc. COMMON 92553P201 71331390 1570830 SH SOLE 0 1544975 0 25855 Viacom, Inc. COMMON 92553P201 1730121 38100 SH OTHER 2 38100 0 0 Vical Inc. COMMON 925602104 3061876 694303 SH SOLE 0 204003 0 490300 Walgreen Co. COMMON 931422109 4644104 140475 SH SOLE 0 111375 0 29100 Washington Post Co. COMMON 939640108 35403560 93956 SH SOLE 0 93956 0 0 Washington Post Co. COMMON 939640108 10927 29 SH OTHER 1 29 0 0 Washington Post Co. COMMON 939640108 54637 145 SH OTHER 0 0 145 XO Group Inc. COMMON 983772104 2268230 271970 SH SOLE 0 78370 0 193600 Zimmer Holdings, Inc. COMMON 98956P102 96868730 1813342 SH SOLE 0 1774287 0 39055 Zimmer Holdings, Inc. COMMON 98956P102 18964 355 SH OTHER 1 355 0 0 Zimmer Holdings, Inc. COMMON 98956P102 123133 2305 SH OTHER 0 0 2305 Zimmer Holdings, Inc. COMMON 98956P102 1239344 23200 SH OTHER 2 23200 0 0