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 28,394 4,115,135 SH   SOLE   3,511,197 0 0
ACCURIDE CORP Common 00439t206 8,606 2,270,637 SH   SOLE   1,929,437 0 0
AMERISAFE INC Common 03071H100 21,687 554,516 SH   SOLE   478,318 0 0
ASHFORD HOSPITALITY GROUP Common 044103109 17,142 1,677,347 SH   SOLE   1,443,126 0 0
ASHFORD HOSPITALITY PRIME INC. Common 044102101 6,936 455,443 SH   SOLE   392,000 0 0
ASTRO-MED INC Common 04638F108 8,308 629,871 SH   SOLE   536,771 0 0
BLUE NILE, INC. Common 09578R103 22,079 773,329 SH   SOLE   667,429 0 0
BRIGGS & STRATTON Common 109043109 19,998 1,109,794 SH   SOLE   954,179 0 0
BRUNSWICK CORP Common 117043109 11,250 266,966 SH   SOLE   229,381 0 0
CAL DIVE INTERNATIONAL INC. Common 12802T101 9,512 9,806,252 SH   SOLE   8,342,652 0 0
CASELLA WASTE SYSTEMS INC. Common 147448104 9,954 2,585,549 SH   SOLE   2,204,749 0 0
CENTRAL GARDEN AND PET CO - A Common 153527205 24,292 3,021,338 SH   SOLE   2,583,781 0 0
CENTRAL GARDEN AND PET CO. Common 153527106 9,997 1,289,956 SH   SOLE   1,108,062 0 0
CITI TRENDS INC. Common 17306X102 9,077 410,745 SH   SOLE   349,466 0 0
COLUMBUS MCKINNON N Y COM Common 199333105 11,988 545,155 SH   SOLE   463,755 0 0
COMMERCIAL VEHICLE GROUP INC Common 202608105 11,569 1,871,980 SH   SOLE   1,592,680 0 0
CPI AEROSTRUCTURES INC Common 125919308 5,620 570,559 SH   SOLE   481,959 0 0
DOUGLAS DYNAMICS INC. Common 25960r105 37,696 1,933,107 SH   SOLE   1,655,632 0 0
EVOLVING SYSTEMS INC Common 30049R209 5,194 567,044 SH   SOLE   483,544 0 0
FERRO CORP. Common 315405100 6,679 460,966 SH   SOLE   392,266 0 0
FIRST CONNECTICUT BANKCORP, INC. Common 319850103 12,100 834,501 SH   SOLE   710,701 0 0
GLOBAL POWER EQUIPMENT GROUP Common 37941P306 12,409 832,794 SH   SOLE   708,439 0 0
GLOBE SPECIALTY METALS INC Common 37954n206 21,615 1,188,297 SH   SOLE   1,024,628 0 0
GRAFTECH INTERNATIONAL LTD Common 384313102 19,778 4,318,435 SH   SOLE   3,726,399 0 0
GRANITE CONSTRUCTION INC Common 387328107 8,984 282,434 SH   SOLE   243,834 0 0
GREAT LAKES DREDGE & DOCK CO Common 390607109 10,654 1,723,944 SH   SOLE   1,454,503 0 0
HARSCO CORP Common 415864107 20,311 948,657 SH   SOLE   817,960 0 0
HEADWATERS INC. Common 42210P102 25,573 2,039,291 SH   SOLE   1,762,529 0 0
HEIDRICK & STRUGGLES INTL Common 422819102 14,541 707,933 SH   SOLE   601,333 0 0
HILL INTERNATIONAL INC. Common 431466101 12,504 3,126,041 SH   SOLE   2,659,641 0 0
HOMETRUST BANCSHARES INC Common 437872104 12,505 855,946 SH   SOLE   726,975 0 0
HOOKER FURNITURE CORP Common 439038100 4,282 281,521 SH   SOLE   239,821 0 0
INNERWORKINGS INC Common 45773Y105 23,655 2,924,016 SH   SOLE   2,528,911 0 0
INSTEEL INDUSTRIES INC. Common 45774w108 14,095 685,564 SH   SOLE   583,664 0 0
INTL SPEEDWAY CORP Common 460335201 6,497 205,362 SH   SOLE   181,500 0 0
INTREPID POTASH INC Common 46121Y102 23,493 1,520,569 SH   SOLE   1,308,048 0 0
INVACARE CORP Common 461203101 17,125 1,450,055 SH   SOLE   1,251,565 0 0
JOHN BEAN TECHNOLOGIES CORP Common 477839104 23,862 848,284 SH   SOLE   733,382 0 0
KEY TECHNOLOGY INC Common 493143101 4,251 321,038 SH   SOLE   275,838 0 0
KMG CHEMICALS INC Common 482564101 8,776 539,092 SH   SOLE   457,792 0 0
LAWSON PRODUCTS INC. Common 520776105 1,963 88,071 SH   SOLE   75,171 0 0
LAYNE CHRISTENSEN COMPANY Common 521050104 20,950 2,157,581 SH   SOLE   1,864,957 0 0
LIBBEY INC Common 529898108 13,107 499,138 SH   SOLE   423,638 0 0
MAIDEN HOLDINGS LTD Common 036419750 22,523 2,032,769 SH   SOLE   1,749,615 0 0
MANITEX INTERNATIONAL INC Common 563420108 669 59,226 SH   SOLE   50,726 0 0
MARINEMAX INC Common 567908108 12,055 715,413 SH   SOLE   609,988 0 0
MEADOWBROOK INSURANCE GROUP Common 58319P108 10,722 1,832,818 SH   SOLE   1,559,218 0 0
MERCURY SYSTEMS INC Common 589378108 12,980 1,178,900 SH   SOLE   1,002,600 0 0
MODINE MANUFACTURING Common 607828100 16,129 1,358,772 SH   SOLE   1,187,760 0 0
MUELLER WATER PRODUCTS Common 624758108 22,137 2,673,518 SH   SOLE   2,302,369 0 0
NATIONAL INTERSTATE CORP Common 63654U100 21,735 779,036 SH   SOLE   673,036 0 0
NCI BUILDING SYSTEMS INC Common 628852204 23,400 1,206,176 SH   SOLE   1,044,365 0 0
NORTHERN TECHNOLOGIES INTL Common 665809109 4,633 217,502 SH   SOLE   185,002 0 0
OMNOVA SOLUTIONS INC Common 682129101 4,168 776,156 SH   SOLE   662,356 0 0
PATRIOT TRANSPORTATION HOLDING INC. Common 70337B102 8,155 240,424 SH   SOLE   204,724 0 0
PERCEPTRON INC Common 71361F100 1,933 197,486 SH   SOLE   168,486 0 0
PMFG INC. Common 69345P103 3,691 738,296 SH   SOLE   628,996 0 0
QAD INC Common 74727D306 5,256 282,301 SH   SOLE   236,701 0 0
QAD INC-B Common 74727D207 32 2,052 SH   SOLE   1,752 0 0
RAND LOGISTICS INC Common 752182105 8,979 1,575,236 SH   SOLE   1,345,836 0 0
REGIS CORP Common 758932107 24,884 1,559,127 SH   SOLE   1,346,124 0 0
REIS INC Common 75936p105 8,864 375,767 SH   SOLE   321,067 0 0
SCHNITZER STEEL INDUSTRIES, INC. Common 806882106 23,178 963,757 SH   SOLE   830,929 0 0
STERLING CONSTRUCTION CO Common 859241101 11,664 1,520,673 SH   SOLE   1,293,673 0 0
STONERIDGE INC. Common 86183P102 14,357 1,273,875 SH   SOLE   1,082,175 0 0
THE PANTRY INC Common 698657103 12,502 617,977 SH   SOLE   525,577 0 0
THOR INDUSTRIES IND Common 885160101 20,762 403,149 SH   SOLE   346,692 0 0
TITAN MACHINERY, INC. Common 88830R101 9,915 763,290 SH   SOLE   649,690 0 0
UMH PROPERTIES INC. Common 903002103 12,626 1,329,091 SH   SOLE   1,131,191 0 0
UNIVERSAL STAINLESS & ALLOY Common 913837100 11,780 446,876 SH   SOLE   380,139 0 0
VIAD CORP Common 92552r406 21,495 1,040,924 SH   SOLE   898,210 0 0
VISHAY PRECISION GROUP Common 92835K103 11,490 769,050 SH   SOLE   656,550 0 0
WEST PHARMACEUTICAL SERVICES, INC Common 955306105 11,017 246,131 SH   SOLE   211,790 0 0
WILLIS LEASE FINANCE CORPORATION Common 970646105 11,724 571,348 SH   SOLE   486,148 0 0