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
ASTRONOVA INC Common 04638F108 5,460 252,798 SH   SOLE   252,798 0 0
AZZ INC. Common 002474104 14,835 293,765 SH   SOLE   248,682 0 0
BROOKDALE SENIOR LIVING INC. Common 112463104 14,437 1,468,707 SH   SOLE   1,239,290 0 0
COLUMBUS MCKINNON N Y COM Common 199333105 3,487 88,177 SH   SOLE   88,177 0 0
COOPER TIRE & RUBBER COMPANY Common 216831107 15,111 533,943 SH   SOLE   451,767 0 0
CRAWFORD & COMPANY - CL A Common 224633206 1,256 139,507 SH   SOLE   117,790 0 0
CUBIC CORPORATION Common 229669106 15,952 218,369 SH   SOLE   184,779 0 0
DMC GLOBAL INC Common 23291C103 5,315 130,266 SH   SOLE   130,266 0 0
FLOTEK INDUSTRIES, INC. Common 343389102 1,067 444,379 SH   SOLE   444,379 0 0
GEOSPACE TECHNOLOGIES CORPORATION Common 37364X109 6,398 466,987 SH   SOLE   466,987 0 0
GRANITE CONSTRUCTION INC Common 387328107 15,723 344,038 SH   SOLE   290,853 0 0
GREENHILL & CO INC. Common 395259104 10,248 388,914 SH   SOLE   329,152 0 0
HILL INTERNATIONAL INC. Common 431466101 3,488 850,700 SH   SOLE   850,700 0 0
HORIZON GLOBAL CORPORATION Common 44052W104 6,712 941,437 SH   SOLE   941,437 0 0
HOUSTON WIRE & CABLE COMPANY Common 44244K109 6,423 834,150 SH   SOLE   834,150 0 0
KEY ENERGY SERVICES, INC. Common 49309J103 18,624 1,627,978 SH   SOLE   1,445,813 0 0
LINDBLAD EXPEDITIONS HOLDINGS INC. Common 535219109 16,364 1,100,455 SH   SOLE   930,860 0 0
MANITEX INTERNATIONAL INC Common 563420108 5,224 496,143 SH   SOLE   496,143 0 0
MANITOWOC COMPANY, INC. Common 563571405 15,121 630,284 SH   SOLE   533,200 0 0
MATRIX SERVICE COMPANY Common 576853105 6,626 268,802 SH   SOLE   268,802 0 0
MATTHEWS INTERNATIONAL CORPORATION Common 577128101 15,492 308,921 SH   SOLE   261,471 0 0
MISTRAS GROUP INC. Common 60649T107 15,597 719,745 SH   SOLE   608,900 0 0
NATUS MEDICAL INCORPORATED Common 639050103 9,272 260,076 SH   SOLE   219,609 0 0
NCI BUILDING SYSTEMS INC Common 628852204 12,313 812,750 SH   SOLE   686,127 0 0
NORTHERN TECHNOLOGIES INTL Common 665809109 5,571 160,543 SH   SOLE   160,543 0 0
PCTEL INC. Common 69325Q105 608 130,798 SH   SOLE   130,798 0 0
PEAK RESORTS INC Common 70469L100 6,337 1,293,203 SH   SOLE   1,293,203 0 0
QAD INC Common 74727D306 6,368 112,416 SH   SOLE   112,416 0 0
QUINSTREET INC. Common 74874Q100 3,703 272,890 SH   SOLE   272,890 0 0
RED LION HOTELS CORP Common 756764106 6,520 521,614 SH   SOLE   521,614 0 0
RTI SURGICAL, INC. Common 74975N105 6,329 1,406,388 SH   SOLE   1,406,388 0 0
SCHNITZER STEEL INDUSTRIES, INC. Common 806882106 428 15,807 SH   SOLE   14,813 0 0
SPX FLOW INC. Common 78469X107 15,823 304,293 SH   SOLE   257,403 0 0
TEAM INC Common 878155100 5,685 252,659 SH   SOLE   252,659 0 0
TECNOGLASS INC. Common G87264100 6,974 709,493 SH   SOLE   709,493 0 0
TEXTAINER GROUP HOLDINGS LIMITED Common G8766E109 13,359 1,043,648 SH   SOLE   883,177 0 0
THE ANDERSONS INC Common 034164103 15,409 409,275 SH   SOLE   346,361 0 0
THE BANCORP INC. Common 05969A105 15,314 1,596,821 SH   SOLE   1,351,106 0 0
THE CHEFS' WAREHOUSE, INC. Common 163086101 1,956 53,822 SH   SOLE   53,822 0 0
THE CONTAINER STORE GROUP INC Common 210751103 6,603 594,848 SH   SOLE   594,848 0 0
THERMON GROUP HOLDINGS, INC. Common 88362T103 16,012 621,099 SH   SOLE   525,546 0 0
TITAN MACHINERY, INC. Common 88830R101 6,711 433,358 SH   SOLE   433,358 0 0
TIVITY HEALTH INC Common 88870R102 7,130 221,766 SH   SOLE   187,819 0 0
TRECORA RESOURCES Common 894648104 5,862 418,741 SH   SOLE   418,741 0 0
UMH PROPERTIES INC. Common 903002103 5,971 381,809 SH   SOLE   381,809 0 0
VAREX IMAGING CORPORATION Common 92214X106 15,074 525,957 SH   SOLE   444,866 0 0
WESCO AIRCRAFT HOLDINGS, INC. Common 950814103 15,053 1,338,025 SH   SOLE   1,131,564 0 0
XERIUM TECHNOLOGIES INC. Common 98416J118 6,658 494,653 SH   SOLE   494,653 0 0