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
ACCO BRANDS CORP Common 00081T108 23,740 3,732,768 SH   SOLE   3,138,151 0 0
ACCURIDE CORP Common 00439t206 12,541 2,478,613 SH   SOLE   2,139,513 0 0
AMERISAFE INC Common 03071H100 18,544 572,719 SH   SOLE   475,619 0 0
ASHFORD HOSPITALITY GROUP Common 044103109 15,290 1,335,450 SH   SOLE   1,117,450 0 0
ASTRO-MED INC Common 04638F108 7,500 681,823 SH   SOLE   588,723 0 0
BRIGGS & STRATTON Common 109043109 15,135 764,394 SH   SOLE   635,194 0 0
BRUNSWICK CORP Common 117043109 15,751 492,999 SH   SOLE   408,399 0 0
CAL DIVE INTERNATIONAL INC. Common 12802T101 12,251 6,516,929 SH   SOLE   5,623,029 0 0
CAPITAL CITY BANK GROUP INC Common 139674105 8,064 699,451 SH   SOLE   606,051 0 0
CATHAY GENERAL BANCORP Common 149150104 16,559 813,738 SH   SOLE   676,438 0 0
CDI CORP Common 125071100 6,004 424,061 SH   SOLE   367,661 0 0
CENTRAL GARDEN AND PET CO - A Common 153527205 10,273 1,488,859 SH   SOLE   1,249,759 0 0
CENTRAL GARDEN AND PET CO. Common 153527106 5,786 815,040 SH   SOLE   665,140 0 0
CITI TRENDS INC. Common 17306X102 12,519 861,600 SH   SOLE   745,521 0 0
COLUMBUS MCKINNON N Y COM Common 199333105 9,388 440,366 SH   SOLE   383,466 0 0
CPI AEROSTRUCTURES INC Common 125919308 6,775 624,464 SH   SOLE   535,864 0 0
CTS CORPORATION Common 126501105 2,602 190,825 SH   SOLE   157,825 0 0
DOUGLAS DYNAMICS INC. Common 25960r105 25,468 1,962,165 SH   SOLE   1,645,465 0 0
EVOLVING SYSTEMS INC Common 30049R209 5,532 834,505 SH   SOLE   721,905 0 0
FERRO CORP. Common 315405100 10,282 1,479,484 SH   SOLE   1,280,084 0 0
FIRST CONNECTICUT BANKCORP, INC. Common 319850103 11,221 806,134 SH   SOLE   697,534 0 0
FLOW INTL CORP Common 343468104 10,328 2,799,045 SH   SOLE   2,424,845 0 0
FUEL TECH INC Common 359523107 2,937 767,052 SH   SOLE   663,652 0 0
GLOBAL POWER EQUIPMENT GROUP Common 37941P306 11,576 718,156 SH   SOLE   621,801 0 0
GRAFTECH INTERNATIONAL LTD Common 384313102 15,247 2,094,485 SH   SOLE   1,750,085 0 0
GREAT LAKES DREDGE & DOCK CO Common 390607109 11,322 1,447,876 SH   SOLE   1,221,647 0 0
HARSCO CORP Common 415864107 17,652 761,200 SH   SOLE   637,200 0 0
HEADWATERS INC. Common 42210P102 11,715 1,325,265 SH   SOLE   1,100,265 0 0
HEIDRICK & STRUGGLES INTL Common 422819102 13,231 791,337 SH   SOLE   684,737 0 0
HOMETRUST BANCSHARES INC Common 437872104 12,070 711,704 SH   SOLE   615,133 0 0
HOOKER FURNITURE CORP Common 439038100 7,098 436,557 SH   SOLE   378,057 0 0
IMAGE SENSING SYSTEMS INC Common 45244C104 3,672 499,540 SH   SOLE   432,940 0 0
INTL SPEEDWAY CORP Common 460335201 17,907 569,042 SH   SOLE   472,042 0 0
JOHN BEAN TECHNOLOGIES CORP Common 477839104 19,742 939,651 SH   SOLE   782,851 0 0
KADANT INC Common 48282T104 1,398 46,339 SH   SOLE   40,039 0 0
KEY TECHNOLOGY INC Common 493143101 8,339 577,104 SH   SOLE   500,604 0 0
KMG CHEMICALS INC Common 482564101 11,838 561,075 SH   SOLE   485,375 0 0
KRATON PERFORMANCE POLYMERS Common 50077c106 17,949 846,665 SH   SOLE   708,865 0 0
LIBBEY INC Common 529898108 15,379 641,619 SH   SOLE   555,519 0 0
LIONBRIDGE TECHNOLOGIES INC. Common 536252109 7,571 2,610,925 SH   SOLE   2,159,825 0 0
MAC-GRAY CORP Common 554153106 8,375 589,843 SH   SOLE   510,543 0 0
MAIDEN HOLDINGS LTD Common 036419750 19,860 1,770,075 SH   SOLE   1,469,775 0 0
MANITEX INTERNATIONAL INC Common 563420108 10,650 972,663 SH   SOLE   841,863 0 0
MARINEMAX INC Common 567908108 8,874 783,251 SH   SOLE   677,826 0 0
MARRIOTT VACATIONS WORLD Common 57164Y107 4,286 99,140 SH   SOLE   93,640 0 0
MEADOWBROOK INSURANCE GROUP Common 58319P108 13,841 1,723,664 SH   SOLE   1,491,764 0 0
MERCURY SYSTEMS INC Common 589378108 13,448 1,458,604 SH   SOLE   1,255,304 0 0
MICROFINANCIAL INC. Common 595072109 3,465 441,499 SH   SOLE   383,699 0 0
MKTG INC. Common 60688K108 1,051 808,673 SH   SOLE   702,019 0 0
MODINE MANUFACTURING Common 607828100 18,758 1,724,139 SH   SOLE   1,441,739 0 0
MUELLER WATER PRODUCTS Common 624758108 16,576 2,398,972 SH   SOLE   2,012,272 0 0
MYERS INDUSTRIES INC Common 628464109 11,303 753,085 SH   SOLE   611,955 0 0
NATIONAL INTERSTATE CORP Common 63654U100 14,617 499,745 SH   SOLE   412,019 0 0
OMNOVA SOLUTIONS INC Common 682129101 6,831 852,927 SH   SOLE   739,127 0 0
PACER INTERNATIONAL INC Common 69373H106 12,924 2,048,302 SH   SOLE   1,772,502 0 0
PAR TECHNOLOGY CORP Common 698884103 2,733 678,266 SH   SOLE   590,566 0 0
PATRIOT TRANSPORTATION HOLDING INC. Common 70337B102 7,347 244,580 SH   SOLE   211,880 0 0
PERCEPTRON INC Common 71361F100 4,224 535,396 SH   SOLE   465,396 0 0
PERMA-FIX ENVIRONMENTAL SVCS Common 714157104 1,218 3,383,559 SH   SOLE   2,934,426 0 0
QAD INC Common 74727D306 3,566 310,689 SH   SOLE   265,089 0 0
QAD INC-B Common 74727D207 22 2,080 SH   SOLE   1,780 0 0
RAND LOGISTICS INC Common 752182105 8,799 1,715,218 SH   SOLE   1,485,818 0 0
REGIS CORP Common 758932107 15,679 954,915 SH   SOLE   792,915 0 0
REIS INC Common 75936p105 7,628 412,561 SH   SOLE   357,861 0 0
SCHAWK INC CL A Common 806373106 14,148 1,077,565 SH   SOLE   883,748 0 0
THOR INDUSTRIES IND Common 885160101 17,408 353,980 SH   SOLE   294,649 0 0
TOWN SPORTS INTERNATIONAL Common 89214a102 11,284 1,047,816 SH   SOLE   906,916 0 0
VIAD CORP Common 92552r406 17,528 714,874 SH   SOLE   592,974 0 0
VISHAY PRECISION GROUP Common 92835K103 12,616 833,348 SH   SOLE   721,148 0 0
WERNER ENTERPRISES INC Common 950755108 9,688 400,840 SH   SOLE   336,640 0 0
WEST PHARMACEUTICAL SERVICES, INC Common 955306105 9,600 136,648 SH   SOLE   113,648 0 0
WILLIS LEASE FINANCE CORPORATION Common 970646105 10,245 758,330 SH   SOLE   656,630 0 0