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
3M CO COM 88579y101 11,434 79,823 SH   SOLE   52,023 0 27,800
AAR CORP COM 000361105 3,307 120,000 SH   SOLE   120,000 0 0
ADVANCE AUTO PARTS INC COM 00751y106 608 4,508 SH   SOLE   4,508 0 0
ADVENT SOFTWARE INC COM 007974108 422 12,961 SH   SOLE   12,961 0 0
AES CORP COM 00130H105 2,333 150,000 SH   SOLE   150,000 0 0
AFLAC INC COM 001055102 262 4,202 SH   SOLE   4,202 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 203 3,526 SH   SOLE   3,526 0 0
AGL RES INC COM 001204106 2,583 46,946 SH   SOLE   6,446 0 40,500
ALCOA INC COM 013817101 177 11,917 SH   SOLE   11,777 0 140
ALLSTATE CORP COM 020002101 7,206 122,717 SH   SOLE   107,682 0 15,035
ALTRIA GROUP INC COM 02209s103 565 13,474 SH   SOLE   13,474 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553e106 6,502 579,465 SH   SOLE   405,835 0 173,630
AMERICAN EXPRESS CO COM 025816109 242 2,553 SH   SOLE   2,553 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 4,043 74,066 SH   SOLE   63,584 0 10,482
AMERISOURCEBERGEN CORP COM 03073e105 1,190 16,382 SH   SOLE   16,382 0 0
ANNALY CAP MGMT INC COM 035710409 6,964 609,231 SH   SOLE   535,371 0 73,860
APPLE INC COM 037833100 11,523 123,992 SH   SOLE   76,815 0 47,177
ARCTIC CAT INC COM 039670104 1,182 29,982 SH   SOLE   23,227 0 6,755
ARES CAP CORP COM 04010L103 2,393 133,979 SH   SOLE   104,829 0 29,150
ARES COML REAL ESTATE CORP COM 04013v108 2,531 203,936 SH   SOLE   150,781 0 53,155
ARRIS GROUP INC NEW COM 04270V106 3,234 99,404 SH   SOLE   79,519 0 19,885
ASCENA RETAIL GROUP INC COM 04351G101 1,097 64,139 SH   SOLE   49,859 0 14,280
AT&T INC COM 00206r102 12,195 344,893 SH   SOLE   234,135 0 110,758
ATWOOD OCEANICS INC COM 050095108 3,041 57,938 SH   SOLE   47,848 0 10,090
AUTOMATIC DATA PROCESSING IN COM 053015103 2,426 30,600 SH   SOLE   0 0 30,600
AVERY DENNISON CORP COM 053611109 1,875 36,590 SH   SOLE   29,945 0 6,645
AVNET INC COM 053807103 2,659 60,000 SH   SOLE   60,000 0 0
AZZ INC COM 002474104 1,693 36,742 SH   SOLE   29,252 0 7,490
BANK OF AMERICA CORPORATION COM 060505104 3,052 198,585 SH   SOLE   198,585 0 0
BAXTER INTL INC COM 071813109 9,059 125,293 SH   SOLE   86,363 0 38,930
BB&T CORP COM 054937107 3,777 95,785 SH   SOLE   78,895 0 16,890
BECTON DICKINSON & CO COM 075887109 2,248 19,000 SH   SOLE   0 0 19,000
BGC PARTNERS INC CL A 05541T101 135 18,210 SH   SOLE   17,040 0 1,170
BLACKROCK INC COM 09247X101 10,479 32,788 SH   SOLE   24,949 0 7,839
BP PLC SPONSORED ADR 055622104 476 9,026 SH   SOLE   8,676 0 350
BRISTOL MYERS SQUIBB CO COM 110122108 253 5,211 SH   SOLE   5,211 0 0
BROWN & BROWN INC COM 115236101 4,584 149,268 SH   SOLE   127,718 0 21,550
CAI INTERNATIONAL INC COM 12477X106 3,560 161,752 SH   SOLE   128,567 0 33,185
CARDINAL FINL CORP COM 14149F109 1,560 84,497 SH   SOLE   65,497 0 19,000
CASELLA WASTE SYS INC CL A 147448104 1,654 330,084 SH   SOLE   271,654 0 58,430
CATERPILLAR INC DEL COM 149123101 9,728 89,519 SH   SOLE   55,113 0 34,406
CATHAY GEN BANCORP COM 149150104 2,150 84,110 SH   SOLE   65,145 0 18,965
CELADON GROUP INC COM 150838100 2,326 109,083 SH   SOLE   84,938 0 24,145
CHESAPEAKE ENERGY CORP COM 165167107 481 15,490 SH   SOLE   15,490 0 0
CHEVRON CORP NEW COM 166764100 12,664 97,005 SH   SOLE   69,140 0 27,865
CISCO SYS INC COM 17275R102 10,372 417,365 SH   SOLE   274,700 0 142,665
CITIGROUP INC COM NEW 172967424 2,135 45,331 SH   SOLE   45,331 0 0
CITRIX SYS INC COM 177376100 1,169 18,682 SH   SOLE   17,990 0 692
CME GROUP INC COM 12572Q105 5,059 71,302 SH   SOLE   62,794 0 8,508
COCA COLA CO COM 191216100 5,536 130,699 SH   SOLE   36,263 0 94,436
COLONY FINL INC COM 19624r106 1,555 66,952 SH   SOLE   52,052 0 14,900
COLUMBIA BKG SYS INC COM 197236102 2,458 93,421 SH   SOLE   73,936 0 19,485
COMCAST CORP NEW CL A 20030n101 12,067 224,799 SH   SOLE   135,969 0 88,830
CONAGRA FOODS INC COM 205887102 6,414 216,105 SH   SOLE   189,090 0 27,015
CONOCOPHILLIPS COM 20825C104 9,509 110,920 SH   SOLE   95,668 0 15,252
CONVERSANT INC COM 21249J105 2,476 97,478 SH   SOLE   75,788 0 21,690
CON-WAY INC COM 205944101 2,216 43,951 SH   SOLE   36,096 0 7,855
COOPER TIRE & RUBR CO COM 216831107 2,124 70,795 SH   SOLE   70,795 0 0
CORNING INC COM 219350105 427 19,445 SH   SOLE   19,245 0 200
COVANTA HLDG CORP COM 22282e102 3,255 157,928 SH   SOLE   132,963 0 24,965
CRACKER BARREL OLD CTRY STOR COM 22410j106 1,042 10,468 SH   SOLE   10,468 0 0
CRAWFORD & CO CL A 224633206 706 87,175 SH   SOLE   59,175 0 28,000
DATALINK CORP COM 237934104 1,178 117,811 SH   SOLE   91,016 0 26,795
DEVON ENERGY CORP NEW COM 25179M103 7,720 97,229 SH   SOLE   84,138 0 13,091
DISNEY WALT CO COM DISNEY 254687106 10,864 126,714 SH   SOLE   89,884 0 36,830
DOW CHEM CO COM 260543103 6,426 124,879 SH   SOLE   63,809 0 61,070
DUKE ENERGY CORP NEW COM NEW 26441C204 4,120 55,536 SH   SOLE   46,156 0 9,380
DYCOM INDS INC COM 267475101 1,415 45,186 SH   SOLE   34,966 0 10,220
EAST WEST BANCORP INC COM 27579r104 1,512 43,200 SH   SOLE   33,915 0 9,285
EMERSON ELEC CO COM 291011104 405 6,105 SH   SOLE   6,105 0 0
EPIQ SYS INC COM 26882D109 1,135 80,804 SH   SOLE   56,004 0 24,800
EVERBANK FINL CORP COM 29977G102 1,797 89,131 SH   SOLE   71,556 0 17,575
EXPRESS SCRIPTS HLDG CO COM 30219G108 11,266 162,496 SH   SOLE   144,486 0 18,010
EXXON MOBIL CORP COM 30231G102 15,818 157,116 SH   SOLE   109,492 0 47,624
FEDERATED INVS INC PA CL B 314211103 5,234 169,275 SH   SOLE   106,290 0 62,985
FIDELITY SOUTHERN CORP NEW COM 316394105 804 61,890 SH   SOLE   41,930 0 19,960
FIDUS INVT CORP COM 316500107 3,285 159,917 SH   SOLE   127,777 0 32,140
FIFTH THIRD BANCORP COM 316773100 2,525 118,274 SH   SOLE   118,274 0 0
FOSTER WHEELER AG COM H27178104 3,407 100,000 SH   SOLE   100,000 0 0
FTI CONSULTING INC COM 302941109 482 12,748 SH   SOLE   12,748 0 0
GAMESTOP CORP NEW CL A 36467w109 414 10,226 SH   SOLE   10,076 0 150
GENERAL ELECTRIC CO COM 369604103 15,179 577,583 SH   SOLE   398,675 0 178,908
GENUINE PARTS CO COM 372460105 470 5,356 SH   SOLE   5,356 0 0
GENWORTH FINL INC COM CL A 37247d106 1,408 80,900 SH   SOLE   80,900 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 397 7,430 SH   SOLE   7,170 0 260
GLOBAL BRASS & COPPR HLDGS I COM 37953g103 2,081 123,117 SH   SOLE   85,792 0 37,325
GOOGLE INC CL A 38259P508 371 635 SH   SOLE   0 0 635
GOOGLE INC CL C 38259P706 365 635 SH   SOLE   0 0 635
HALLIBURTON CO COM 406216101 8,348 117,555 SH   SOLE   102,205 0 15,350
HANOVER INS GROUP INC COM 410867105 2,554 40,436 SH   SOLE   31,676 0 8,760
HARTFORD FINL SVCS GROUP INC COM 416515104 2,865 80,000 SH   SOLE   80,000 0 0
HAWAIIAN HOLDINGS INC COM 419879101 417 30,390 SH   SOLE   30,390 0 0
HCC INS HLDGS INC COM 404132102 2,027 41,409 SH   SOLE   34,244 0 7,165
HEALTH NET INC COM 42222g108 1,838 44,257 SH   SOLE   34,467 0 9,790
HOME DEPOT INC COM 437076102 4,159 51,372 SH   SOLE   27,466 0 23,906
HURON CONSULTING GROUP INC COM 447462102 2,085 29,434 SH   SOLE   24,079 0 5,355
IBERIABANK CORP COM 450828108 2,253 32,567 SH   SOLE   25,312 0 7,255
IGATE CORP COM 45169U105 1,959 53,831 SH   SOLE   43,901 0 9,930
INTEL CORP COM 458140100 6,634 214,694 SH   SOLE   103,544 0 111,150
INTERNATIONAL BUSINESS MACHS COM 459200101 8,461 46,677 SH   SOLE   26,703 0 19,974
JABIL CIRCUIT INC COM 466313103 5,507 263,493 SH   SOLE   233,193 0 30,300
JOHNSON & JOHNSON COM 478160104 15,034 143,702 SH   SOLE   101,682 0 42,020
JPMORGAN CHASE & CO COM 46625H100 8,935 155,069 SH   SOLE   137,499 0 17,570
KAPSTONE PAPER & PACKAGING C COM 48562P103 1,317 39,758 SH   SOLE   26,980 0 12,778
KIMBERLY CLARK CORP COM 494368103 401 3,602 SH   SOLE   3,602 0 0
LANDEC CORP COM 514766104 1,375 110,089 SH   SOLE   74,494 0 35,595
LEAR CORP COM NEW 521865204 486 5,446 SH   SOLE   5,446 0 0
LINCOLN NATL CORP IND COM 534187109 4,115 80,000 SH   SOLE   80,000 0 0
LOCKHEED MARTIN CORP COM 539830109 8,328 51,815 SH   SOLE   44,990 0 6,825
MCDONALDS CORP COM 580135101 1,272 12,625 SH   SOLE   12,625 0 0
MEADWESTVACO CORP COM 583334107 686 15,500 SH   SOLE   15,500 0 0
MEDTRONIC INC COM 585055106 477 7,480 SH   SOLE   7,480 0 0
MERCK & CO INC NEW COM 58933Y105 2,498 43,177 SH   SOLE   42,952 0 225
MICROSOFT CORP COM 594918104 13,322 319,469 SH   SOLE   192,869 0 126,600
MRC GLOBAL INC COM 55345K103 3,485 123,188 SH   SOLE   97,738 0 25,450
NATIONAL OILWELL VARCO INC COM 637071101 5,161 62,677 SH   SOLE   54,675 0 8,002
NEENAH PAPER INC COM 640079109 2,466 46,405 SH   SOLE   34,075 0 12,330
NETGEAR INC COM 64111Q104 3,605 103,691 SH   SOLE   87,371 0 16,320
NEWELL RUBBERMAID INC COM 651229106 613 19,765 SH   SOLE   19,765 0 0
NOBLE CORP PLC SHS USD G65431101 437 13,014 SH   SOLE   13,014 0 0
NORFOLK SOUTHERN CORP COM 655844108 5,234 50,800 SH   SOLE   0 0 50,800
NOVARTIS A G SPONSORED ADR 66987v109 7,661 84,629 SH   SOLE   46,969 0 37,660
NOVATEL WIRELESS INC COM NEW 66987m604 20 10,575 SH   SOLE   10,575 0 0
NOW INC COM 67011P100 1,730 47,766 SH   SOLE   39,683 0 8,083
NUCOR CORP COM 670346105 2,323 47,159 SH   SOLE   45,729 0 1,430
OLD NATL BANCORP IND COM 680033107 225 15,785 SH   SOLE   15,785 0 0
ON SEMICONDUCTOR CORP COM 682189105 4,473 489,376 SH   SOLE   440,686 0 48,690
ORACLE CORP COM 68389X105 2,029 50,074 SH   SOLE   48,209 0 1,865
OUTERWALL INC COM 690070107 3,098 52,201 SH   SOLE   45,401 0 6,800
OWENS ILL INC COM NEW 690768403 1,039 30,000 SH   SOLE   30,000 0 0
PANTRY INC COM 698657103 208 12,850 SH   SOLE   12,850 0 0
PAYCHEX INC COM 704326107 522 12,569 SH   SOLE   12,394 0 175
PENGROWTH ENERGY CORP COM 70706P104 1,567 218,300 SH   SOLE   218,000 0 300
PEPSICO INC COM 713448108 9,801 109,701 SH   SOLE   96,960 0 12,741
PERFORMANT FINL CORP COM 71377e105 1,221 120,890 SH   SOLE   93,910 0 26,980
PETROQUEST ENERGY INC COM 716748108 1,135 150,940 SH   SOLE   101,895 0 49,045
PFIZER INC COM 717081103 13,551 456,578 SH   SOLE   310,398 0 146,180
PHILIP MORRIS INTL INC COM 718172109 3,631 43,063 SH   SOLE   41,703 0 1,360
PNC FINL SVCS GROUP INC COM 693475105 7,747 86,992 SH   SOLE   75,615 0 11,377
PPL CORP COM 69351t106 8,279 233,005 SH   SOLE   204,225 0 28,780
PRAXAIR INC COM 74005P104 1,038 7,813 SH   SOLE   7,633 0 180
PREMIERE GLOBAL SVCS INC COM 740585104 2,836 212,435 SH   SOLE   167,045 0 45,390
PROCTER & GAMBLE CO COM 742718109 9,241 117,579 SH   SOLE   70,509 0 47,070
PROSHARES TR PSHS ULTSH 20YRS 74347B201 3,643 60,000 SH   SOLE   60,000 0 0
QLOGIC CORP COM 747277101 1,242 123,103 SH   SOLE   95,223 0 27,880
QUALITY DISTR INC FLA COM 74756M102 717 48,280 SH   SOLE   32,635 0 15,645
RAYMOND JAMES FINANCIAL INC COM 754730109 11,257 221,895 SH   SOLE   189,130 0 32,765
REPUBLIC SVCS INC COM 760759100 5,830 153,548 SH   SOLE   92,763 0 60,785
ROCK-TENN CO CL A 772739207 6,682 63,281 SH   SOLE   57,126 0 6,155
ROVI CORP COM 779376102 2,726 113,758 SH   SOLE   88,288 0 25,470
RPM INTL INC COM 749685103 2,058 44,562 SH   SOLE   44,562 0 0
SCHLUMBERGER LTD COM 806857108 661 5,600 SH   SOLE   5,600 0 0
SELECT COMFORT CORP COM 81616x103 210 10,180 SH   SOLE   10,180 0 0
SKYWORKS SOLUTIONS INC COM 83088m102 2,954 62,905 SH   SOLE   50,080 0 12,825
SONOCO PRODS CO COM 835495102 416 9,470 SH   SOLE   9,470 0 0
SOUTHERN CO COM 842587107 6,102 134,459 SH   SOLE   83,479 0 50,980
SPECTRA ENERGY CORP COM 847560109 3,113 73,280 SH   SOLE   1,005 0 72,275
STELLUS CAP INVT CORP COM 858568108 2,794 190,164 SH   SOLE   151,704 0 38,460
SUNTRUST BKS INC COM 867914103 1,328 33,150 SH   SOLE   3,150 0 30,000
SYKES ENTERPRISES INC COM 871237103 2,732 125,709 SH   SOLE   98,334 0 27,375
SYNAPTICS INC COM 87157D109 1,822 20,104 SH   SOLE   16,289 0 3,815
SYNNEX CORP COM 87162W100 1,671 22,941 SH   SOLE   18,361 0 4,580
SYSCO CORP COM 871829107 9,986 266,645 SH   SOLE   178,039 0 88,606
TARGET CORP COM 87612e106 5,467 94,338 SH   SOLE   82,468 0 11,870
TCP CAP CORP COM 87238q103 2,319 127,329 SH   SOLE   98,609 0 28,720
TENNECO INC COM 880349105 1,709 26,015 SH   SOLE   20,315 0 5,700
THL CR INC COM 872438106 3,196 228,262 SH   SOLE   190,822 0 37,440
TIDEWATER INC COM 886423102 7,197 128,181 SH   SOLE   112,081 0 16,100
TITAN INTL INC ILL COM 88830m102 673 40,000 SH   SOLE   40,000 0 0
TORCHMARK CORP COM 891027104 3,797 46,354 SH   SOLE   40,703 0 5,651
TOWER INTL INC COM 891826109 1,349 36,631 SH   SOLE   27,001 0 9,630
TOWERS WATSON & CO CL A 891894107 3,599 34,529 SH   SOLE   28,689 0 5,840
TRIANGLE CAP CORP COM 895848109 1,570 55,328 SH   SOLE   42,838 0 12,490
TRIANGLE PETE CORP COM NEW 89600b201 3,739 318,193 SH   SOLE   269,998 0 48,195
TRIMAS CORP COM NEW 896215209 1,196 31,379 SH   SOLE   25,364 0 6,015
TRIUMPH GROUP INC NEW COM 896818101 2,460 35,230 SH   SOLE   27,595 0 7,635
TWO HBRS INVT CORP COM 90187B101 109 10,390 SH   SOLE   9,680 0 710
U M H PROPERTIES INC COM 903002103 791 78,865 SH   SOLE   54,765 0 24,100
UNIFI INC COM NEW 904677200 1,376 50,000 SH   SOLE   50,000 0 0
UNITED PARCEL SERVICE INC CL B 911312106 506 4,930 SH   SOLE   4,930 0 0
UNITED TECHNOLOGIES CORP COM 913017109 639 5,534 SH   SOLE   5,534 0 0
UNUM GROUP COM 91529y106 1,084 31,181 SH   SOLE   31,181 0 0
US BANCORP DEL COM NEW 902973304 8,786 202,810 SH   SOLE   132,535 0 70,275
V F CORP COM 918204108 1,856 29,456 SH   SOLE   28,265 0 1,191
VERIFONE SYS INC COM 92342Y109 12,218 332,450 SH   SOLE   288,698 0 43,752
WAL-MART STORES INC COM 931142103 305 4,069 SH   SOLE   3,919 0 150
WASTE MGMT INC DEL COM 94106l109 401 8,965 SH   SOLE   8,965 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 1,911 25,602 SH   SOLE   21,372 0 4,230
WELLPOINT INC COM 94973V107 8,156 75,795 SH   SOLE   65,515 0 10,280
WELLS FARGO & CO NEW COM 949746101 8,654 164,643 SH   SOLE   136,998 0 27,645
WHITEHORSE FIN INC COM 96524v106 1,379 96,417 SH   SOLE   84,471 0 11,946
WILEY JOHN & SONS INC CL A 968223206 3,008 49,640 SH   SOLE   43,960 0 5,680
WILLBROS GROUP INC DEL COM 969203108 1,470 119,063 SH   SOLE   92,438 0 26,625
WINTRUST FINL CORP COM 97650W108 2,675 58,156 SH   SOLE   45,701 0 12,455
XERIUM TECHNOLOGIES INC COM NEW 98416j118 1,660 118,924 SH   SOLE   84,339 0 34,585
YUM BRANDS INC COM 988498101 342 4,209 SH   SOLE   4,209 0 0
ZIONS BANCORPORATION COM 989701107 1,542 52,327 SH   SOLE   40,557 0 11,770