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
Estimated average burden
hours per response: 23.8
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
AETNA Inc. COM 00817y108 566 5,315 SH   SOLE   5,315 0 0
AFLAC Inc. COM 001055102 2,197 34,320 SH   SOLE   27,820 0 6,500
AGCO Corp COM 001084102 1,234 25,905 SH   SOLE   25,905 0 0
AT & T, Inc. New COM 00206r102 505 15,475 SH   SOLE   15,475 0 0
AbbVie, Inc. COM 00287y109 1,140 19,471 SH   SOLE   19,471 0 0
Abbott Laboratories COM 002824100 1,653 35,671 SH   SOLE   35,671 0 0
Alkermes PLC COM g01767105 1,466 24,051 SH   SOLE   24,051 0 0
Allegion PLC COM 0176j1097 235 3,835 SH   SOLE   3,835 0 0
Alliance One International COM 018772103 503 456,989 SH   SOLE   456,989 0 0
Altria Group Inc. COM 02209s103 4,227 84,500 SH   SOLE   84,500 0 0
America Movil ADR COM 02364W105 4,030 196,994 SH   SOLE   164,694 0 32,300
American Express Co. COM 025816109 630 8,068 SH   SOLE   8,068 0 0
American International Group COM 026874107 319 5,814 SH   SOLE   5,814 0 0
Anthem, Inc. COM 036752103 5,447 35,273 SH   SOLE   35,273 0 0
Apache Corp COM 037411105 644 10,680 SH   SOLE   9,405 0 1,275
Apollo Education Group, Inc. COM 037604105 1,601 84,623 SH   SOLE   78,098 0 6,525
Apple Computer Inc. COM 037833100 787 6,325 SH   SOLE   6,325 0 0
Automatic Data Processing COM 053015103 1,002 11,700 SH   SOLE   11,700 0 0
BP p.l.c. COM 055622104 3,351 85,682 SH   SOLE   79,032 0 6,650
Bank of America Corp COM 060505104 2,286 148,520 SH   SOLE   144,820 0 3,700
Bank of New York Mellon Corp COM 064058100 4,872 121,079 SH   SOLE   103,954 0 17,125
Baxter International Inc. COM 071813109 379 5,531 SH   SOLE   4,731 0 800
Becton Dickinson & Co COM 075887109 1,956 13,625 SH   SOLE   9,675 0 3,950
Berkshire Hathaway Inc. Class COM 084670108 217 1 SH   SOLE   1 0 0
Berkshire Hathaway Inc. Class COM 084670207 851 5,900 SH   SOLE   5,900 0 0
Boeing Company COM 097023105 1,583 10,547 SH   SOLE   10,547 0 0
Bristol Myers Squibb Co. COM 110122108 325 5,043 SH   SOLE   5,043 0 0
British American Tobacco COM 110448107 534 5,150 SH   SOLE   5,150 0 0
CST Brands, Inc. COM 12646r105 1,237 28,227 SH   SOLE   28,227 0 0
CVS Health Corp. COM 126650100 4,666 45,209 SH   SOLE   45,209 0 0
Central Pacific Financial Co COM 154760409 2,220 96,648 SH   SOLE   96,648 0 0
Chevron Corp. COM 166764100 2,375 22,623 SH   SOLE   21,933 0 690
Cisco Sys Inc. COM 17275R102 1,035 37,594 SH   SOLE   31,444 0 6,150
Citigroup Inc. COM 172967424 3,090 59,969 SH   SOLE   51,669 0 8,300
Coach Inc. COM 189754104 1,117 26,970 SH   SOLE   16,220 0 10,750
Coca-Cola Company COM 191216100 3,016 74,374 SH   SOLE   73,374 0 1,000
Comcast Corp Cl A COM 20030n101 1,691 29,945 SH   SOLE   29,945 0 0
Community Health CVR Series A COM 203668116 4 200,560 SH   SOLE   200,560 0 0
Community Health Systems, Inc. COM 203668108 678 12,970 SH   SOLE   12,970 0 0
ConAgra Foods Inc. COM 205887102 2,969 81,270 SH   SOLE   72,120 0 9,150
ConocoPhillips COM 20825c104 1,160 18,625 SH   SOLE   18,625 0 0
Corning Inc COM 219350105 2,290 100,951 SH   SOLE   66,801 0 34,150
Costco Wholesale Corp COM 22160k105 1,795 11,848 SH   SOLE   11,848 0 0
Credit Suisse Group ADR COM 225401108 2,444 90,760 SH   SOLE   72,160 0 18,600
Diageo PLC ADR COM 25243q205 1,049 9,489 SH   SOLE   9,489 0 0
DirecTV COM 25459a309 822 9,660 SH   SOLE   9,660 0 0
Discovery Communications Serie COM 25470f104 1,819 59,149 SH   SOLE   50,299 0 8,850
Dow Chemical Company COM 260543103 2,430 50,652 SH   SOLE   50,652 0 0
Dr. Pepper Snapple Group COM 26138e109 3,691 47,037 SH   SOLE   47,037 0 0
E. I. Du Pont De Nemours COM 263534109 1,683 23,550 SH   SOLE   23,550 0 0
Express Scripts Inc. COM 30219g108 2,346 27,035 SH   SOLE   27,035 0 0
Exxon Mobil Corp COM 30231G102 1,361 16,017 SH   SOLE   16,017 0 0
Franklin Resources Inc. COM 354613101 4,229 82,405 SH   SOLE   72,805 0 9,600
General Electric Co. COM 369604103 549 22,123 SH   SOLE   22,123 0 0
General Motors Company COM 37045v100 749 19,967 SH   SOLE   19,967 0 0
Glaxo SmithKline PLC COM 37733W105 3,296 71,417 SH   SOLE   63,242 0 8,175
Google Inc. Voting Class COM 38259p508 286 515 SH   SOLE   515 0 0
H & R Block Inc. COM 093671105 3,909 121,890 SH   SOLE   112,590 0 9,300
Hewlett Packard COM 428236103 516 16,558 SH   SOLE   16,558 0 0
Home Depot Inc. COM 437076102 2,791 24,566 SH   SOLE   24,566 0 0
Hospira Inc. COM 441060100 5,065 57,665 SH   SOLE   52,365 0 5,300
Ingersoll Rand Co COM g47791101 786 11,550 SH   SOLE   11,550 0 0
Intel Corp. COM 458140101 1,334 42,652 SH   SOLE   42,652 0 0
Interpublic Group COM 460690100 607 27,428 SH   SOLE   27,428 0 0
IsoRay, Inc. COM 46489v104 22 14,218 SH   SOLE   14,218 0 0
J.M. Smucker Co. COM 832696405 932 8,050 SH   SOLE   8,050 0 0
Johnson & Johnson COM 478160104 4,162 41,376 SH   SOLE   37,276 0 4,100
Kraft Foods Group, Inc COM 50076q106 1,152 13,224 SH   SOLE   13,224 0 0
Kroger Co. COM 501044101 9,242 120,555 SH   SOLE   108,305 0 12,250
Laboratory Corp. of America COM 50540r409 426 3,380 SH   SOLE   2,480 0 900
Legg Mason Inc. COM 524901105 556 10,070 SH   SOLE   8,570 0 1,500
Lincoln Educational COM 533535100 71 31,167 SH   SOLE   31,167 0 0
Lowes Companies COM 548661107 1,411 18,970 SH   SOLE   18,970 0 0
ManpowerGroup Inc. COM 56418h100 470 5,450 SH   SOLE   5,450 0 0
Marsh & McLennan Co. COM 571748102 4,195 74,797 SH   SOLE   74,797 0 0
Mastercard Inc. COM 57636q104 822 9,510 SH   SOLE   9,510 0 0
McDonalds Corp COM 580135101 653 6,704 SH   SOLE   6,704 0 0
Medtronic PLC COM g5960l103 3,551 45,530 SH   SOLE   45,530 0 0
Merck & Co.Inc. New COM 58933y105 2,318 40,324 SH   SOLE   40,324 0 0
Microsoft Corp. COM 594918104 3,642 89,580 SH   SOLE   89,580 0 0
Molson Coors Brewing Co COM 60871r209 5,612 75,382 SH   SOLE   64,682 0 10,700
Mondelez International, Inc. COM 609207105 1,466 40,616 SH   SOLE   40,616 0 0
Newell Rubbermaid Inc. COM 651229106 229 5,850 SH   SOLE   5,850 0 0
Nike Inc Class B COM 654106103 1,030 10,270 SH   SOLE   10,270 0 0
Nordstrom Inc. COM 655664100 328 4,078 SH   SOLE   4,078 0 0
Oracle Corp COM 68389X105 2,096 48,581 SH   SOLE   35,281 0 13,300
Paychex Inc. COM 704326107 2,492 50,235 SH   SOLE   50,235 0 0
Pepsico Inc. COM 713448108 4,985 52,129 SH   SOLE   48,529 0 3,600
Pfizer Inc. COM 717081103 2,649 76,147 SH   SOLE   76,147 0 0
Philip Morris International COM 718172109 7,860 104,344 SH   SOLE   103,444 0 900
Phillips 66 COM 718546104 724 9,210 SH   SOLE   9,210 0 0
Plum Creek Timber Company COM 729251108 279 6,410 SH   SOLE   6,410 0 0
Precision Castparts Corp COM 740189105 1,552 7,391 SH   SOLE   7,391 0 0
Procter & Gamble Co. COM 742718109 1,981 24,178 SH   SOLE   19,278 0 4,900
Qualcomm Inc COM 747525103 264 3,802 SH   SOLE   3,802 0 0
Quest Diagnostics Inc. COM 74834l100 1,785 23,233 SH   SOLE   20,633 0 2,600
Spectra Energy Corp. COM 847560109 221 6,121 SH   SOLE   6,121 0 0
Starbucks Corp COM 855244109 519 5,477 SH   SOLE   5,477 0 0
TRW Automotive Holdings Group COM 87264s106 414 3,950 SH   SOLE   3,950 0 0
Textainer Group Holdings Limit COM g8766e109 1,719 57,325 SH   SOLE   57,325 0 0
The Travelers Companies Inc. COM 89417e109 5,235 48,417 SH   SOLE   48,417 0 0
Time Warner Inc. COM 887317303 348 4,126 SH   SOLE   4,126 0 0
Twenty-First Century Fox Cl A COM 90130a101 541 16,001 SH   SOLE   16,001 0 0
US Bancorp Delaware New COM 902973304 396 9,060 SH   SOLE   4,560 0 4,500
Unilever NV New York Shs COM 904784709 2,100 50,278 SH   SOLE   38,828 0 11,450
United Parcel Service Inc. COM 911312106 466 4,812 SH   SOLE   4,812 0 0
Unitedhealth Group Inc. COM 91324p102 8,511 71,951 SH   SOLE   62,801 0 9,150
Unum Group COM 91529y106 2,375 70,422 SH   SOLE   68,022 0 2,400
Valero Energy Corp. COM 91913y100 3,451 54,250 SH   SOLE   54,250 0 0
Verizon Communications COM 92343V104 1,741 35,792 SH   SOLE   35,792 0 0
Viacom Inc. Class B COM 92553p201 1,313 19,225 SH   SOLE   12,900 0 6,325
Visa, Inc. COM 92826c839 814 12,448 SH   SOLE   12,448 0 0
Vitamin Shoppe, Inc. COM 92849E101 392 9,525 SH   SOLE   9,525 0 0
Waddell & Reed Financial COM 930059100 595 12,008 SH   SOLE   12,008 0 0
Wal Mart Stores COM 931142103 3,528 42,892 SH   SOLE   42,892 0 0
Walt Disney Holding Co. COM 254687106 494 4,707 SH   SOLE   4,707 0 0
Washington Federal COM 938824109 536 24,570 SH   SOLE   24,570 0 0
Waste Management Inc. Del COM 94106L109 292 5,380 SH   SOLE   5,380 0 0
Weight Watchers Intl. Inc. COM 948626106 531 76,021 SH   SOLE   65,921 0 10,100
Wells Fargo & Co. COM 949974610 215 3,960 SH   SOLE   3,960 0 0
Western Union Company COM 959802109 3,178 152,698 SH   SOLE   123,432 0 29,266
Willbros Group, Inc COM 969203108 55 16,525 SH   SOLE   16,525 0 0
Yum! Brands, Inc. COM 988498101 506 6,422 SH   SOLE   6,422 0 0
Zimmer Holdings COM 98956p102 4,979 42,364 SH   SOLE   37,464 0 4,900
Arcos Dorados Hldgs. FOR g0457f107 160 32,450 SH   SOLE   32,450 0 0
Gruma SA ADR FOR 400131306 311 6,128 SH   SOLE   6,128 0 0
LyondellBasell Industries N.V. FOR n53745100 307 3,500 SH   SOLE   3,500 0 0
Nokia Corp Sponsored ADR FOR 654902204 104 13,760 SH   SOLE   13,760 0 0
PetroChina Company Limited ADR FOR 71646e100 295 2,650 SH   SOLE   2,650 0 0
Royal Dutch Shell PLC FOR 780259206 1,028 17,228 SH   SOLE   17,228 0 0
SK Telecom ADR FOR 78440p108 297 10,908 SH   SOLE   10,908 0 0
Telefonica S.A. ADR FOR 879382208 4,297 299,429 SH   SOLE   251,114 0 48,315
Toyota Motor Corp ADR FOR 892331307 297 2,125 SH   SOLE   2,125 0 0