13F-HR 1 a2167501z13f-hr.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 30, 2005 ----------------------- Check Here if Amendment / /; Amendment Number: --------- This Amendment (Check only one.): / / is a restatement. / / adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Lord, Abbett & Co. LLC ------------------------------- Address: 90 Hudson Street ------------------------------- Jersey City, NJ 07302 ------------------------------- Form 13F File Number: 28-413 --------------------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Lawrence H. Kaplan ------------------------------- Title: General Counsel ------------------------------- Phone: (201) 395-2775 ------------------------------- Signature, Place, and Date of Signing: /s/ Lawrence H. Kaplan Jersey City, New Jersey February 13, 2006 ---------------------- ------------------------ ----------------- [Signature] [City, State] [Date] Report Type (Check only one.): /X/ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) / / 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) / / 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 -------------------- Form 13F Information Table Entry Total: 900 -------------------- Form 13F Information Table Value Total: 5,267,639,485.00 -------------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE 3M Co. COM 88579Y101 23,256,200. 300,080 300,080 300,080 3M Co. CV 0% 11/21/2032 88579YAB7 36,284,463. 40,598,000 40,598,000 40,598,000 AAR Corp. COM 000361105 58,344,691. 2,436,104 2,436,104 2,247,104 189,000 Abbott Laboratories COM 002824100 12,723,776. 322,693 322,693 322,693 Abercrombie & Fitch Co. COM 002896207 7,169,800. 110,000 110,000 110,000 ABOVE ENTRY REPRESENTS..... PINNACLE ASSOCIATES 723445102 0. 15,000 15,000 15,000 ACE Ltd. COM G0070K103 410,480,015. 7,681,138 7,662,720 7,377,977 303,161 Actuant Corp. Class A 00508X203 71,610,037. 1,283,334 1,283,334 1,080,934 202,400 ADC Telecommunications, Inc. COM 000886309 198,331,750. 8,877,876 8,877,876 8,824,176 53,700 Administaff, Inc. COM 007094105 10,497,362. 249,640 249,640 244,040 5,600 Adtran. Inc. COM 00738A106 5,555,432. 186,800 186,800 186,800 Advance Auto Parts, Inc. COM 00751Y106 14,320,722. 329,515 329,515 329,515 Advanced Analogic Technologies Inc. 00752J108 6,528,475. 471,370 471,370 459,770 11,600 Advanced Medical Optics, Inc. CV 2.5% 07/15/2024 00763MAG3 25,890,730. 25,352,000 25,352,000 25,352,000 Advanced Micro Devices, Inc. COM 007903107 2,664,740. 87,083 87,083 87,083 Advisory Board Co. (The) COM 00762W107 7,576,765. 158,942 158,942 156,942 2,000 AES Trust III CV 6.75% 10/15/2029 00808N202 4,071,391. 91,698 91,698 82,228 9,470 Aetna, Inc. COM 00817Y108 202,260,197. 2,144,632 2,144,632 2,046,632 98,000 Affiliated Managers Group,Inc. CV 1.88% 2/25/2033 008252AE8 15,737,810. 8,274,000 8,274,000 7,449,000 825,000 Aflac Inc. COM 001055102 317,848,834. 6,847,239 6,813,800 6,375,757 471,482 Aftermarket Technology Corp. COM 008318107 25,738,424. 1,323,993 1,323,993 1,230,193 93,800 AGCO Corp. CV 1.75% 12/31/2033 001084AL6 14,236,406. 15,125,000 15,125,000 15,125,000 Agere Systems, Inc. COM 00845V308 4,819,969. 373,641 373,641 373,641 Agere Systems, Inc. CV 6.5% 12/15/2009 00845VAA8 31,152,546. 31,507,000 31,507,000 28,772,000 2,735,000 AGL Resources, Inc. COM 001204106 10,698,505. 307,340 307,340 300,140 7,200 Agree Realty Corp. COM 008492100 1,615,510. 55,900 55,900 43,000 12,900 Alabama National BanCorp. COM 010317105 16,371,263. 252,799 252,799 234,599 18,200 Albertson's, Inc. CV PFD 7.25% 5/16/2007 013104203 32,112,733. 1,424,068 1,424,068 1,424,068 Alcan Inc. COM 013716105 10,757,524. 262,699 262,699 238,980 23,719 Alcoa, Inc. COM 013817101 4,914,652. 166,204 166,204 166,204 Alexander & Baldwin, Inc. COM 014482103 15,333,865. 282,704 282,704 262,904 19,800 Alkermes, Inc. COM 01642T108 9,102,592. 476,077 476,077 466,277 9,800 Allergan, Inc. CV 0% 11/6/2022 018490AE2 6,134,288. 4,957,000 4,957,000 4,957,000 Alliance Data Systems Corp. COM 018581108 14,031,028. 394,130 394,130 394,130 Alliance Gaming Corp. COM 01859P609 10,745,406. 825,300 825,300 696,400 128,900 Alliant Techsystems, Inc. CV 018804AH7 30,751,406. 28,375,000 28,375,000 28,375,000
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Allied Defense Group, Inc. COM 019118108 2,124,441. 93,300 93,300 71,900 21,400 Allied Waste Industries, Inc. CV PFD 6.25% 4/1/2006 019589605 2,165,416. 44,777 44,777 44,777 Allstate Corp. COM 020002101 4,364,098. 80,712 80,712 80,712 ALZA Corp. CV 0% 7/28/2020 02261WAB5 28,589,350. 34,445,000 34,445,000 34,445,000 Ambassadors Int'l., Inc. COM 023177108 1,540,497. 67,300 67,300 51,800 15,500 Amdocs Ltd. CV 0.5% 03/15/2024 02342TAD1 26,823,904. 29,763,000 29,763,000 28,213,000 1,550,000 Amedisys, Inc. COM 023436108 43,874,308. 1,038,691 1,038,691 874,625 164,066 Amerada Hess Corp. CVPFD 7% 12/01/2006 023551401 24,777,880. 229,255 229,255 220,115 9,140 Ameren Corp. COM 023608102 479,462,262. 9,357,187 9,337,707 8,764,572 592,615 American Axle & Mfg Holdings COM 024061103 28,664,839. 1,563,821 1,563,821 1,483,921 79,900 American Dental Partners, Inc. COM 025353103 1,444,592. 79,900 79,900 60,550 19,350 American Express Co. COM 025816109 6,441,403. 125,173 125,173 125,173 American Express Co. CV 1.85% 12/1/2033 025816AS8 87,342,935. 81,916,000 81,916,000 80,466,000 1,450,000 American Greetings Corp. COM 026375105 161,322,689. 7,342,863 7,342,863 6,992,863 350,000 American Int'l. Group, Inc. COM 026874107 788,867,841. 11,561,891 11,499,328 10,951,322 610,569 American Physicians Services Group, Inc. 028882108 868,560. 65,800 65,800 47,300 18,500 American Tower Corp. CV 3% 08/15/2012 029912AR3 23,604,075. 16,335,000 16,335,000 14,910,000 1,425,000 AMETEK, Inc. COM 031100100 39,763,457. 934,731 934,731 865,331 69,400 Amgen, Inc. COM 031162100 10,059,145. 127,557 127,557 127,557 Amgen, Inc. CV 0% 3/1/2032 031162AL4 31,895,335. 40,631,000 40,631,000 38,406,000 2,225,000 Analog Devices, Inc. COM 032654105 12,916,787. 360,100 360,100 360,100 Anaren Microwave, Inc. COM 032744104 7,003,803. 448,100 448,100 414,300 33,800 Andersons Inc. (The) COM 034164103 1,077,000. 25,000 25,000 19,300 5,700 Anglo American plc CV 3.375% 4/17/2007 3152867 9,171,415. 6,220,000 6,220,000 4,660,000 1,560,000 Anixter Int'l., Inc. COM 035290105 117,997,500. 3,016,296 3,016,296 2,839,896 176,400 AnnTaylor Stores Corp. COM 036115103 25,850,406. 748,853 748,853 699,353 49,500 ANNUITY 1 ANNUITY 1 450990437 601. 600,657 600,657 600,657 ANNUITY 2 ANNUITY 2 416991206 18. 17,624 17,624 17,624 ANNUITY MISC ANNUITY MISC 123998460 0. 27,212 27,212 27,212 ANNUITY MISC ANNUITY MISC 416990976 0. 62,530 62,530 62,530 ANNUITY MISC ANNUITY MISC 638990234 0. 100,000 100,000 100,000 ANNUITY SEC ANNUITY SEC 909994261 0. 30,707 30,707 30,707 Apogent Technologies Inc. CV 0.27% 12/15/2033 03760AAK7 12,228,860. 10,294,000 10,294,000 10,294,000 Apple Computer, Inc. COM 037833100 4,492,262. 62,488 62,488 62,488 Aquantive, Inc. COM 03839G105 12,390,139. 490,893 490,893 481,293 9,600 Arch Coal, Inc. COM 039380100 16,154,400. 203,200 203,200 171,200 32,000
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Archer Daniels Midland Co. COM 039483102 187,227,844. 7,592,370 7,592,370 7,525,190 67,180 Argonaut Group, Inc. COM 040157109 54,329,973. 1,657,918 1,657,918 1,540,918 117,000 Armor Holdings, Inc. CV 2.0% 11/01/2024 042260AC3 9,219,019. 9,277,000 9,277,000 9,277,000 Arris Group, Inc. COM 04269Q100 31,181,670. 3,292,679 3,292,679 3,073,879 218,800 Arrow Electronics, Inc. CV 0% 2/21/2021 042735AY6 9,668,750. 17,500,000 17,500,000 17,500,000 Artesyn Technologies, Inc. CV 5.5% 8/15/2010 043127AB5 12,632,312. 8,975,000 8,975,000 8,160,000 815,000 ArthroCare Corp. COM 043136100 8,894,406. 211,068 211,068 207,268 3,800 ASML Holding NV CV 5.75% 10/15/2006 2809948 11,444,000. 10,000,000 10,000,000 10,000,000 ATMI, Inc. COM 00207R101 61,550,922. 2,200,605 2,200,605 2,094,475 106,130 AT&T Inc COM 00206R102 751,631,506. 30,691,364 30,531,226 29,102,457 1,588,907 Au Optronics Corp. ADR 002255107 4,180,240. 278,497 278,497 243,536 34,961 Autodesk, Inc. COM 052769106 9,248,595. 215,334 215,334 215,334 Autoliv inc. COM 052800109 21,924,461. 482,705 482,705 471,605 11,100 Automatic Data Processing, Inc. 053015103 929,663,575. 20,258,522 20,147,199 19,253,071 1,005,451 Avaya Inc. COM 053499109 281,380,133. 26,371,147 26,371,147 25,174,747 1,196,400 Aviall, Inc. COM 05366B102 27,521,078. 955,593 955,593 898,893 56,700 Avid Technology, Inc. COM 05367P100 22,259,885. 406,499 406,499 340,499 66,000 Avnet, Inc. CV 2.0% 3/15/2034 053807AL7 29,459,030. 30,488,000 30,488,000 28,378,000 2,110,000 Avx Corp. COM 002444107 30,228,448. 2,087,600 2,087,600 2,039,200 48,400 AW COMPUTER SYSTEMS -CL A AW COMPUTER SYS INC CL A 002448108 0. 10,000 10,000 10,000 Axis Capital Holdings Ltd. COM G0692U109 20,357,024. 650,800 650,800 650,800 Aztar Corp. COM 054802103 4,558,500. 150,000 150,000 150,000 AZZ, Inc. COM 002474104 2,316,336. 128,400 128,400 98,500 29,900 Baker Hughes, Inc. COM 057224107 488,017,329. 8,029,242 7,975,311 7,678,826 350,416 Baldor Electric COM 057741100 57,393,645. 2,237,569 2,237,569 2,082,669 154,900 Ball Corp. COM 058498106 385,884,110. 9,715,109 9,715,109 9,319,409 395,700 Bank of America Corp. COM 060505104 680,894,264. 14,753,939 14,679,976 14,081,722 672,217 Bank of New York Co., Inc. (The) 064057102 726,036,730. 22,795,502 22,678,079 21,633,230 1,162,272 Barrick Gold Corp. COM 067901108 653,912,584. 23,462,956 23,342,014 22,202,175 1,260,781 Barr Pharmaceuticals, Inc. COM 068306109 5,282,192. 84,800 84,800 84,800 Bausch & Lomb, Inc. COM 071707103 233,913,022. 3,444,964 3,444,964 3,297,864 147,100 Bausch & Lomb, Inc. CV 3.46% 8/1/2023 071707AM5 57,896. 43,000 43,000 43,000 Baxter Int'l., Inc. COM 071813109 715,970,020. 19,016,468 18,914,042 18,050,146 966,322 Beacon Roofing Supply, Inc. COM 073685109 32,148,784. 1,118,997 1,118,997 981,597 137,400 BE Aerospace, Inc. COM 073302101 85,081,238. 3,867,329 3,867,329 3,656,429 210,900 BEA Systems, Inc. COM 073325102 4,936,081. 525,115 525,115 525,115
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Bed Bath & Beyond, Inc. COM 075896100 13,314,045. 368,300 368,300 368,300 Bel Fuse, Inc. Class A 077347201 2,182,500. 87,300 87,300 67,300 20,000 Bellsouth Corp. COM 079860102 421,310,918. 15,546,528 15,447,071 14,773,844 772,684 Benihana, Inc. Class A 082047200 8,744,486. 379,535 379,535 321,635 57,900 Benihana, Inc. COM 082047101 298,350. 13,000 13,000 13,000 Berkley Corp.. COM 084423102 3,504,832. 73,600 73,600 73,600 Best Buy Co., Inc. COM 086516101 2,740,805. 63,036 63,036 63,036 Best Buy Co., Inc. CV 2.25% 1/15/2022 086516AF8 27,889,505. 26,126,000 26,126,000 24,946,000 1,180,000 Beverly Hills Bancorp Inc. COM 087866109 2,196,366. 211,800 211,800 162,900 48,900 Biogen Idec, Inc. COM 09062X103 88,839,139. 1,959,831 1,941,751 1,698,251 261,580 Blackboard, Inc. COM 091935502 10,698,547. 369,170 369,170 361,570 7,600 Blount International, Inc. COM 095180105 2,456,438. 154,202 154,202 144,502 9,700 Blue Coat Systems, Inc. COM 09534T508 11,613,749. 254,019 254,019 249,219 4,800 Boeing Co. COM 097023105 76,546,850. 1,089,790 1,080,343 972,190 117,600 Bowater, Inc. COM 102183100 243,925,048. 7,940,269 7,940,269 7,577,269 363,000 BP plc ADR 055622104 750,025. 11,679 186 11,679 Bright Horizons Family Sol. COM 109195107 7,774,683. 209,843 209,843 205,743 4,100 Brinker Int'l., Inc. COM 109641100 328,076,627. 8,486,204 8,486,204 8,079,104 407,100 Bristol-Myers Squibb Co. COM 110122108 33,918,595. 1,476,005 1,476,005 1,476,005 Broadcom Corp. Class A 111320107 16,350,300. 346,772 346,772 346,772 Bronco Drilling Company, Inc. COM 112211107 844,467. 36,700 36,700 28,500 8,200 Brookline Bancorp, Inc. COM 11373M107 21,128,816. 1,491,095 1,491,095 1,255,041 236,054 Brush Engineered Materials,Inc COM 117421107 2,704,654. 170,104 170,104 160,804 9,300 Cache, Inc. COM 127150308 200,912. 11,600 11,600 11,600 CACI Int'l. Inc. Class A 127190304 28,911,315. 503,857 503,857 424,357 79,500 Cadence Design Systems, Inc. COM 127387108 406,798,965. 24,042,492 24,042,492 23,014,392 1,028,100 Cadence Design Systems, Inc. CV 0% 8/15/2023 127387AB4 5,643,750. 5,000,000 5,000,000 4,250,000 750,000 Calamos Asset Management, Inc. COM 12811R104 12,802,320. 407,069 407,069 398,969 8,100 Cal Dive Int'l., Inc. COM 127914109 10,135,480. 282,404 282,404 276,604 5,800 Cal Dive Int'l., Inc. CV 3.25% 12/15/2025 127914AB5 2,497,500. 1,850,000 1,850,000 1,850,000 Campbell Soup Co. COM 134429109 579,723,445. 19,473,411 19,359,831 18,386,122 1,087,289 Capital Senior Living Corp. COM 140475104 2,469,192. 238,800 238,800 183,800 55,000 Caremark Rx, Inc. COM 141705103 10,352,303. 199,890 199,890 199,890 Carlisle Companies, Inc. COM 142339100 122,486,363. 1,771,314 1,771,314 1,673,814 97,500 Carnival Corp. CV 2.0% 4/15/2021 143658AN2 13,032,720. 9,444,000 9,444,000 9,444,000 Carpenter Technology Corp. COM 144285103 111,737,232. 1,585,600 1,585,600 1,444,900 140,700
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Carriage Services, Inc. COM 143905107 2,310,000. 462,000 462,000 355,700 106,300 Casey's General Stores, Inc. COM 147528103 33,913,628. 1,367,485 1,367,485 1,280,085 87,400 Castle (A.M.) & Co. COM 148411101 5,321,054. 243,638 243,638 197,338 46,300 Caterpillar Inc. COM 149123101 360,014,668. 6,231,862 6,214,302 5,946,767 285,095 CCE Spinco, Inc. COM 14985W109 411,340. 31,400 31,400 31,400 C-COR, Inc. COM 125010108 23,877,379. 4,913,041 4,913,041 4,503,741 409,300 CD GREENWOOD TRUST CO 6.150%20011001 DISCOVER CD 39739CAL3 1,008,260. 10,000 10,000 10,000 Celgene Corp. CV 1.75% 06/01/2008 151020AC8 43,843,721. 16,261,000 16,261,000 15,711,000 550,000 Centex Corp. COM 152312104 34,683,231. 485,148 485,148 408,748 76,400 Central Euro Distribution Corp COM 153435102 7,830,872. 195,089 195,089 195,089 CenturyTel, Inc. COM 156700106 182,143,834. 5,492,878 5,492,878 5,197,978 294,900 CenturyTel, Inc. CV 4.75% 8/1/2032 156700AH9 10,156,331. 9,945,000 9,945,000 9,445,000 500,000 Cephalon, Inc. COM 156708109 7,322,223. 113,102 113,102 113,102 Charles River Associates, Inc. CV 2.875% 6/15/2034 159852AB8 39,180,050. 28,340,000 28,340,000 28,065,000 275,000 Cheesecake Factory, Inc. (The) COM 163072101 16,007,594. 428,125 428,125 428,125 Chemed Corp. COM 16359R103 11,654,928. 234,600 234,600 197,500 37,100 Chemtura Corp. COM 163893100 258,094,067. 20,322,368 20,322,368 19,431,568 890,800 Chesapeake Energy Corp. COM 165167107 4,962,572. 156,400 156,400 156,400 Chesapeake Energy Corp. CVPFD 4.125% 12/31/2049 165167875 543,675. 275 275 275 Chesapeake Energy Corp. CVPFD 4.5% 12/31/2049 165167842 10,078,539. 104,430 104,430 101,430 3,000 Chesapeake Utilities Corp. COM 165303108 957,880. 31,100 31,100 20,200 10,900 Chevron Corp. COM 166764100 47,822,367. 842,388 841,273 841,273 1,115 Chico's FAS, Inc. COM 168615102 2,109,343. 48,016 48,016 48,016 Chubb Corp. (The) COM 171232101 235,532. 2,412 2,412 2,148 264 Chubb Corp. (The) PFD 7.0% 8/16/2006 171232507 57,622,870. 1,637,944 1,637,944 1,572,669 65,275 Church & Dwight Co., Inc. CV 5.25% 8/15/2033 171340AC6 10,124,490. 8,376,000 8,376,000 7,426,000 950,000 Cigna Corp. COM 125509109 6,695,745. 59,944 59,944 59,944 Cincinnati Financial Corp. COM 172062101 11,989,699. 268,346 268,346 262,246 6,100 CIT Group, Inc. COM 125581108 24,451,034. 472,210 472,210 472,210 CITIGROUP DIVERSIFIED CITIGROUP DIVERSIFIED LIMITED PTNRSHIP 477990295 387,688. 445 445 445 Citigroup, Inc. COM 172967101 848,869,066. 17,491,635 17,400,502 16,648,587 843,048 Citrix Systems, Inc. COM 177376100 9,933,647. 345,158 345,158 345,158 Clear Channel Communications, Inc. 184502102 137,584,315. 4,374,700 4,374,700 4,359,300 15,400 Cleveland-Cliffs Iron Co. (The) 185896107 44,754,510. 505,301 505,301 426,701 78,600 Clorox Co. (The) COM 189054109 398,188,555. 6,999,271 6,958,440 6,645,408 353,863 CMS Energy Corp. COM 125896100 312,929,842. 21,566,495 21,566,495 20,517,295 1,049,200
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE CMS Energy Corp. CVPFD 4.5% 12/31/2049 125896878 7,143,750. 90,000 90,000 90,000 CNH Global N.V. COM N20935206 69,241,931. 3,734,732 3,734,732 3,717,512 17,220 Coach, Inc. COM 189754104 3,455,158. 103,634 103,634 103,634 CoBiz, Inc. COM 190897108 1,512,871. 82,988 82,988 67,088 15,900 Coca-Cola Co. (The) COM 191216100 95,355,159. 2,365,546 2,340,733 2,166,108 199,438 Cognex Corp. COM 192422103 11,300,600. 375,560 375,560 368,160 7,400 Coldwater Creek Inc. COM 193068103 11,795,449. 386,356 386,356 378,256 8,100 Coley Pharmaceutical Group COM 19388P106 3,515,452. 231,890 231,890 226,690 5,200 Colgate-Palmolive Co. COM 194162103 15,156,536. 276,327 256,327 276,327 Collectors Universe COM 19421R200 2,990,260. 185,500 185,500 142,800 42,700 Columbia Bancorp COM 197231103 2,176,205. 98,560 98,560 76,340 22,220 Comcast Corp. Class A 20030N101 258,899. 9,973 199 9,973 Comcast Corp. Special Class A 20030N200 527,959,056. 20,551,151 20,447,057 19,599,074 952,077 Commercial Capital Bancorp COM 20162L105 10,643,504. 621,700 621,700 580,000 41,700 Commercial Metals Co. COM 201723103 43,427,623. 1,156,836 1,156,836 978,636 178,200 Commercial Vehicle Group, Inc. COM 202608105 39,725,240. 2,115,295 2,115,295 1,962,995 152,300 Community Bancorp COM 20343T100 259,202. 8,200 8,200 8,200 Community Health Systems, Inc. COM 203668108 21,876,804. 570,600 570,600 570,600 Computer Associates Int'l. Inc CV 1.625% 12/15/2009 204912AQ2 32,526,053. 22,686,000 22,686,000 21,621,000 1,065,000 COMSYS IT Partners Inc. COM 20581E104 1,933,750. 175,000 175,000 134,700 40,300 Comverse Technology, Inc. COM 205862402 10,933,808. 411,200 411,200 411,200 Comverse Technology, Inc. CV 0.0% 5/15/2023 205862AM7 26,526,955. 17,524,000 17,524,000 16,074,000 1,450,000 ConAgra Foods, Inc. COM 205887102 63,272,728. 3,119,957 3,119,957 3,107,457 12,500 Concur Technologies, Inc. COM 206708109 8,220,726. 637,760 637,760 624,860 12,900 ConocoPhillips COM 20825C104 4,167,957. 71,639 71,639 71,639 Conseco, Inc. COM 208464883 257,500,096. 11,113,513 11,113,513 10,477,313 636,200 Constellation Brands, Inc. CV PFD 5.75% 09/01/2006 21036P306 50,567,580. 1,295,608 1,295,608 1,245,558 50,050 Continental Airlines, Inc. CV 4.5% 2/1/2007 210795PD6 904,688. 965,000 965,000 465,000 500,000 Continental Airlines, Inc. CV 5.0% 6/15/2023 210795PJ3 957,188. 750,000 750,000 375,000 375,000 Cooper Cameron Corp. COM 216640102 12,097,080. 292,200 292,200 292,200 Copart, Inc. COM 217204106 4,716,531. 204,533 204,533 173,128 31,405 Corning, Inc. COM 219350105 16,631,121. 845,937 845,937 845,937 Corporate Executive Board Co. (The) 21988R102 9,869,960. 110,033 110,033 108,133 1,900 Costco Cos., Inc. CV 0% 08/19/2017 22160QAC6 42,919,590. 38,024,000 38,024,000 38,024,000 Courier Corp. COM 222660102 5,109,449. 148,790 148,790 137,040 11,750 Covance Inc. COM 222816100 10,748,970. 221,400 221,400 221,400
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE CRA Int'l., Inc. COM 12618T105 9,650,262. 202,354 202,354 199,654 2,700 Crown Holdings, Inc. COM 228368106 44,360,540. 2,271,405 2,271,405 2,218,905 52,500 CSX Corp. CV 0% 10/30/2021 126408GA5 65,812,800. 68,555,000 68,555,000 65,430,000 3,125,000 Cullen/Frost Bankers, Inc. COM 229899109 125,030,758. 2,329,187 2,329,187 2,217,987 111,200 Cummins, Inc. COM 231021106 274,551,143. 3,059,748 3,059,748 2,925,748 134,000 Curtiss-Wright Corp. COM 231561101 34,814,107. 637,621 637,621 596,321 41,300 Cutera, Inc. COM 232109108 216,152. 8,200 8,200 8,200 CVS Corp. COM 126650100 299,492,734. 11,335,834 11,256,983 10,842,566 493,268 CV Therapeutics, Inc. COM 126667104 8,808,628. 356,192 356,192 349,492 6,700 CV Therapeutics, Inc. CV 3.25% 8/16/2013 126667AG9 2,232,500. 2,000,000 2,000,000 2,000,000 CyberSource Corp. COM 23251J106 227,700. 34,500 34,500 34,500 Cypress Semiconductor Corp. CV 1.25% 06/15/2008 232806AH2 32,108,213. 28,227,000 28,227,000 26,327,000 1,900,000 Cytyc Corp. COM 232946103 5,397,576. 191,200 191,200 191,200 Dana Corp. COM 235811106 147,444,355. 20,535,426 20,535,426 19,673,126 862,300 Danaher Corp. COM 235851102 12,446,526. 223,136 223,136 223,136 Danaher Corp. CV 0% 1/22/2021 235851AF9 14,329,654. 17,343,000 17,343,000 17,343,000 Datascope Corp. COM 238113104 9,372,848. 283,596 283,596 259,596 24,000 Da Vita, Inc. COM 23918K108 7,925,160. 156,500 156,500 156,500 DealerTrack Holdings Inc. COM 242309102 5,677,545. 270,617 270,617 264,517 6,100 Dean Foods Co. COM 242370104 127,634,560. 3,389,128 3,389,128 3,265,128 124,000 Dearborn Bancorp, Inc. COM 24242R108 1,939,361. 78,358 78,358 60,382 17,976 DeCODE genetics Inc. CV 3.5% 04/15/2011 243586AB0 7,857,113. 9,495,000 9,495,000 7,845,000 1,650,000 Deere & Co. COM 244199105 617,145,661. 9,061,014 9,009,733 8,744,019 316,995 Dell, Inc. COM 24702R101 4,468,330. 148,994 148,994 148,994 Denbury Resources Inc. COM 247916208 6,041,256. 265,200 265,200 260,000 5,200 Dendrite Int'l., Inc. COM 248239105 27,234,597. 1,889,979 1,889,979 1,757,979 132,000 Devon Energy Corp. COM 25179M103 25,016,000. 400,000 400,000 400,000 Devon Energy Corp. CV 4.9% 8/15/2008 25179MAA1 21,196,375. 18,332,000 18,332,000 16,757,000 1,575,000 Diageo plc ADR 25243Q205 396,989,244. 6,809,421 6,778,547 6,430,411 379,010 Diamond Rock Hospitality Co. COM 252784301 46,121,480. 3,856,311 3,856,311 3,586,611 269,700 Digene Corp. COM 253752109 10,332,714. 354,224 354,224 297,324 56,900 Digital Insight Corp. COM 25385P106 8,547,035. 266,928 266,928 261,528 5,400 Digital Recorders, Inc. COM 253869101 46,512. 30,400 30,400 30,400 Donegal Group, Inc. COM 257701201 3,142,327. 135,212 135,212 105,046 30,166 Dow Chemical Co. (The) COM 260543103 21,550,676. 491,800 491,800 491,800 Dress Barn, Inc. COM 261570105 9,043,234. 234,220 234,220 229,720 4,500
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE DST Systems, Inc. CV 4.125% 8/15/2023 233326AB3 69,922,090. 52,573,000 52,573,000 52,573,000 Eastman Chemical Co. COM 277432100 463,211,133. 8,978,700 8,978,700 8,624,400 354,300 Eaton Corp. COM 278058102 397,376,354. 5,923,034 5,903,610 5,747,952 175,082 eBay, Inc. COM 278642103 2,163,279. 50,018 50,018 50,018 EchoStar Communications Corp. CV 5.75% 5/15/2008 278762AG4 25,497,640. 26,018,000 26,018,000 24,168,000 1,850,000 Ecolab, Inc. COM 278865100 9,121,905. 251,500 251,500 251,500 eCollege.com, Inc. COM 27887E100 201,936. 11,200 11,200 11,200 EDO Corp. COM 281347104 9,471,000. 350,000 350,000 350,000 EDO Corp. CV 4% 11/15/2025 281347AE4 22,234,219. 21,825,000 21,825,000 21,825,000 Education Management Corp. COM 28139T101 27,136,901. 809,815 809,815 683,020 126,795 E.I. du Pont de Nemours & Co. COM 263534109 206,584,708. 4,860,817 4,828,117 4,840,744 20,073 Electronic Clearing House, Inc. 285562500 143,568 0 14,40 14,400 14,400 Electronic Data Systems Corp. COM 285661104 254,117,056. 10,570,593 10,522,701 9,812,676 757,917 Electronics for Imaging, Inc. CV 1.5% 6/01/2023 286082AA0 8,008,779. 7,207,000 7,207,000 5,602,000 1,605,000 Electro Scientific Industries, COM 285229100 38,662,967. 1,600,951 1,600,951 1,487,851 113,100 Eli Lilly & Co. COM 532457108 1,022,525. 18,069 69 18,069 ElkCorp COM 287456107 34,517,051. 1,025,462 1,025,462 855,062 170,400 El Paso Corp. COM 28336L109 205,459,385. 16,896,331 16,842,528 16,059,439 836,892 El Paso Corp. CV 0% 2/28/2021 28336LAC3 10,488,500. 19,070,000 19,070,000 19,070,000 El Paso Corp. CV PFD 4.99% 12/31/2049 28336L406 22,172,896. 20,210 20,210 20,210 EMC Corp. COM 268648102 151,403,700. 11,116,278 10,982,678 11,083,113 33,165 EMC Corp. CV 4.5% 4/1/2007 268648AG7 51,826,775. 49,595,000 49,595,000 47,995,000 1,600,000 Emerson Electric Co. COM 291011104 945,667,802. 12,659,542 12,582,633 12,020,120 639,422 Emerson Radio Corp. COM 291087203 1,680,552. 549,200 549,200 423,700 125,500 Emmis Communications Corp. CVPFD 6.25% 12/31/2049 291525202 1,700,000. 40,000 40,000 40,000 Encore Acquisition Co. COM 29255W100 5,903,210. 184,245 184,245 180,745 3,500 Endo Pharmaceuticals Holdings, Inc. 29264F205 11,078,489. 366,110 366,110 366,110 Energy Partners, Ltd. COM 29270U105 1,761,939. 80,860 80,860 79,260 1,600 Engelhard Corp COM 292845104 17,713,125. 587,500 587,500 573,900 13,600 Entergy Corp. CVPFD 7.625 02/17/09 29364G202 7,462,500. 150,000 150,000 117,625 32,375 Entravision Communications Corp. 29382R107 31,588,457. 4,436,581 4,436,581 3,734,081 702,500 EOG Resources, Inc. COM 26875P101 331,890,516. 4,523,518 4,523,518 4,328,818 194,700 Ericsson COM 294821608 2,245,116. 65,265 65,265 65,265 Ethan Allen Interiors, Inc. COM 297602104 118,702,189. 3,249,444 3,249,444 3,070,144 179,300 E*TRADE Financial Corp. CV PFD 6.125% 11/18/2008 269246203 1,680,890. 59,020 59,020 27,020 32,000 Euronet Worldwide, Inc. COM 298736109 6,096,040. 219,282 219,282 214,382 4,900
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Euronet Worldwide, Inc. CV 1.625% 12/15/2024 298736AD1 8,528,138. 8,310,000 8,310,000 6,410,000 1,900,000 Everest Re Group, Ltd. COM G3223R108 297,121,247. 2,960,850 2,960,850 2,823,450 137,400 Excel Maritime Carriers Ltd. COM V3267N107 5,724,084. 499,920 499,920 423,120 76,800 Exponent, Inc. COM 30214U102 4,367,682. 153,900 153,900 120,000 33,900 Exxon Mobil Corp. COM 30231G102 2,229,931,528. 39,699,689 39,494,504 37,776,357 1,923,332 Factset Research Systems, Inc. COM 303075105 14,892,388. 361,817 361,817 354,817 7,000 Fair Isaac Corp CV 1.50% 08/15/2023 303250AD6 21,926,396. 19,687,000 19,687,000 18,087,000 1,600,000 Fargo Electronics, Inc. COM 30744P102 2,090,550. 108,600 108,600 83,500 25,100 Federal Agric Mtg Corp. Cl. C COM 313148306 2,026,261. 67,700 67,700 50,600 17,100 Federal Home Loan Mortgage Corp. 313400301 93,538,330. 1,431,344 1,422,530 1,294,918 136,426 Federal National Mortgage CV PFD 5.375% 12/31/2049 313586810 11,333,312. 123 123 123 Federated Department Stores Inc. 31410H101 307,936,031. 4,642,485 4,642,485 4,420,379 222,106 Financial Federal Corp. COM 317492106 57,240,132. 1,287,742 1,287,742 1,196,942 90,800 First Acceptance Corp. COM 318457108 5,955,965. 578,811 578,811 482,411 96,400 Fisher Scientific Int'l., Inc. COM 338032204 16,181,030. 261,575 261,575 261,575 Fisher Scientific Int'l., Inc. CV 2.5% 10/01/2023 338032AW5 55,524,073. 39,731,000 39,731,000 39,731,000 Flir Systems, Inc. CV 3.0% 6/1/2023 302445AB7 24,753,750. 21,000,000 21,000,000 21,000,000 Fluor Corp. COM 343412102 316,249,749. 4,093,318 4,070,453 3,743,088 350,230 Fluor Corp. CV 1.5% 2/15/2024 343412AA0 89,594,819. 62,599,000 62,599,000 60,549,000 2,050,000 Foot Locker, Inc. COM 344849104 344,438,840. 14,601,053 14,601,053 13,865,953 735,100 Ford Motor Co.Capital Trust II CV PFD 6.5% 1/30/2032 345395206 17,190,770. 622,854 622,854 622,854 Foundation Coal Holdings, Inc. COM 35039W100 8,425,360. 221,720 221,720 217,520 4,200 FPL Group, Inc. COM 302571104 751,239. 18,076 76 18,076 FPL Group, Inc. CV PFD 8.0% 2/16/2006 302571401 36,138,115. 583,155 583,155 583,155 Franklin Bank Corp COM 352451108 2,192,981. 121,900 121,900 93,800 28,100 Franklin Resources CV 0% 5/11/2031 354613AC5 14,259,463. 16,067,000 16,067,000 14,967,000 1,100,000 FRANKLIN US GOVERNMENT FRANKLIN CUSTODIAN FDS INC INCOME SER CL I 353496300 47,059. 19,608 19,608 19,608 Fresenius Medical Care AG ADR 358029106 3,582,413. 102,267 102,267 102,267 Frontier Airlines, Inc. COM 359065109 45,303,572. 4,902,984 4,902,984 4,568,884 334,100 Frozen Food Express Industries COM 359360104 2,494,986. 226,200 226,200 176,900 49,300 FTI Consulting, Inc. COM 302941109 21,249,810. 774,410 774,410 765,110 9,300 GATX Financial Corp. CV 7.5% 2/1/2007 361448AC7 18,927,893. 16,126,000 16,126,000 14,921,000 1,205,000 Genentech, Inc. COM 368710406 4,712,875. 50,950 50,950 50,950 General Dynamics Corp. COM 369550108 373,289,756. 3,273,036 3,254,881 3,096,519 176,517 General Electric Co. COM 369604103 1,062,140,998. 30,303,595 30,146,667 28,873,300 1,430,295 General Mills, Inc. COM 370334104 120,055,484. 2,434,215 2,425,549 2,305,706 128,509
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Genesee & Wyoming, Inc. Class A 371559105 51,025,456. 1,358,867 1,358,867 1,267,517 91,350 Genlyte Group, Inc. (The) COM 372302109 69,326,812. 1,294,135 1,294,135 1,150,255 143,880 Genuine Parts Co. COM 372460105 380,975,805. 8,674,313 8,674,313 8,317,713 356,600 Genworth Financial, Inc. Class A 37247D106 273,195,884. 7,900,402 7,900,402 7,437,302 463,100 Genworth Financial, Inc. CV PFD 6% 5/16/2007 37247D304 45,946,146. 1,207,203 1,207,203 1,143,153 64,050 Genzyme Corp. COM 372917104 34,439,566. 486,572 486,572 486,572 Genzyme Corp. CV 1.25% 12/1/2023 372917AN4 41,262,831. 36,395,000 36,395,000 34,755,000 1,640,000 Georgia-Pacific Corp. COM 373298108 641,780. 13,376 13,376 13,376 Getty Images, Inc. CV 0.5% 06/9/2023 374276AH6 6,553,138. 3,185,000 3,185,000 2,950,000 235,000 Gibraltar Industries, Inc. COM 374689107 63,902,146. 2,785,621 2,785,621 2,526,621 259,000 Gilead Sciences, Inc. COM 375558103 10,818,412. 205,556 205,556 205,556 GlaxoSmithKline plc ADR 37733W105 785,224,527. 15,555,161 15,512,320 14,934,342 620,819 Global Imaging Systems, Inc. COM 37934A100 26,686,190. 770,609 770,609 646,903 123,706 GlobalSantaFe Corp. COM G3930E101 392,159,770. 8,144,544 8,144,544 7,804,844 339,700 Goldman Sachs Group, Inc.(The) COM 38141G104 2,810,514. 22,007 22,007 22,007 Google, Inc. Class A 38259P508 5,333,025. 12,855 12,855 12,855 Graham Corp. COM 384556106 1,929,285. 85,746 85,746 65,943 19,803 Grant Prideco, Inc. COM 38821G101 35,370,519. 801,689 801,689 777,789 23,900 Greenbrier Cos., Inc. (The) COM 393657101 11,131,948. 391,970 391,970 330,170 61,800 Greenhill & Co., Inc COM 395259104 9,464,645. 168,530 168,530 165,330 3,200 Grey Wolf, Inc. COM 397888108 24,160,324. 3,125,527 3,125,527 2,908,327 217,200 Guess?, Inc. COM 401617105 9,277,004. 260,590 260,590 255,390 5,200 Guitar Center, Inc. COM 402040109 17,616,473. 352,259 352,259 331,459 20,800 GulfMark Offshore, Inc. COM 402629109 14,529,114. 490,517 490,517 455,217 35,300 Halliburton Co. COM 406216101 386,050,702. 6,230,644 6,230,644 6,047,644 183,000 Halliburton Co. CV 3.125% 7/157/2023 406216AM3 31,749,795. 18,513,000 18,513,000 18,513,000 Hanmi Financial Corp. COM 410495105 9,880,456. 553,217 553,217 465,617 87,600 Hanover Compressor Co. CV 4.75% 1/15/2014 410768AE5 33,193,550. 28,990,000 28,990,000 28,990,000 Hansen Natural Corp. COM 411310105 6,257,514. 79,400 79,400 77,900 1,500 Harley-Davidson, Inc. COM 412822108 2,138,740. 41,537 41,537 41,237 300 Harris Corp. COM 413875105 9,118,120. 212,000 212,000 212,000 Harris Interactive, Inc. COM 414549105 14,931,068. 3,464,285 3,464,285 2,832,455 631,830 Hartford Financial Group, Inc. CV PFD 6.0% 11/16/2006 416515203 21,349,398. 280,544 280,544 280,544 Hartford Financial Group, Inc. (The) 416515104 457,879,504. 5,330,999 5,298,682 5,038,171 292,828 HARTFORD LIFE & ANNUITY HARTFORD LIFE & ANNUITY 294992904 7,800,000. 78,000 78,000 78,000 Hartmarx Corp. COM 417119104 1,606,517. 205,700 205,700 153,000 52,700
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Hasbro, Inc. CV 2.75% 12/1/2021 418056AN7 1,120,629. 1,051,000 1,051,000 1,051,000 HCC Insurance Holdings, Inc. COM 404132102 104,327,426. 3,515,075 3,515,075 3,145,575 369,500 Health Care Property Investors , Inc. 421915109 13,372,992. 523,200 523,200 523,200 Healthcare Realty Trust, Inc. COM 421946104 47,880,886. 1,439,161 1,439,161 1,435,761 3,400 Healthcare Service Group, Inc. COM 421906108 5,957,335. 287,655 287,655 281,630 6,025 Health Management Assoc. CV 1.5% 8/1/2023 421933AF9 48,724,638. 48,422,000 48,422,000 46,202,000 2,220,000 Heartland Express, Inc. COM 422347104 93,381,438. 4,602,338 4,602,338 4,345,138 257,200 Helmerich & Payne, Inc. COM 423452101 33,241,893. 536,939 536,939 510,739 26,200 Henry Schein, Inc. COM 806407102 2,963,156. 67,900 67,900 67,900 Hewlett-Packard Co. COM 428236103 584,519,978. 20,416,346 20,285,910 19,389,829 1,026,517 Hexcel Corp. COM 428291108 130,568,700. 7,233,723 7,233,723 6,562,823 670,900 Hibbett Sporting Goods, Inc. COM 428565105 14,051,861. 493,394 493,394 485,694 7,700 Hilb, Rogal & Hobbs Co. COM 431294107 59,959,377. 1,556,982 1,556,982 1,310,482 246,500 Hilton Hotels Corp. COM 432848109 11,098,243. 460,317 460,317 460,317 Hilton Hotels Corp. CV 3.375% 4/15/2023 432848AZ2 74,600,663. 63,154,000 63,154,000 61,979,000 1,175,000 H.J. Heinz CO. COM 423074103 263,088,530. 7,802,151 7,752,969 7,458,400 343,751 Hologic, Inc. COM 436440101 18,266,443. 481,710 481,710 472,410 9,300 Honda Motor Co. Ltd. ADR COM 438128308 153,029,940. 5,282,359 5,280,770 4,944,142 338,217 Honeywell Int'l., Inc. COM 438516106 341,883,032. 9,178,068 9,127,134 8,685,381 492,687 Hooker Furniture Corp. COM 439038100 1,690,561. 98,575 98,575 75,875 22,700 Host Marriott Corp. COM 44107P104 351,891,997. 18,569,499 18,569,499 17,652,899 916,600 HSBC Bank U.S.A. CV 4.27% 06/10/2006 4042Q0CX5 16,605,000. 14,760,000 14,760,000 14,760,000 Hubbell, Inc. COM 443510201 306,304,836. 6,788,671 6,788,671 6,485,071 303,600 Hub Int'l. Ltd. COM 44332P101 53,263,403. 2,064,473 2,064,473 1,929,073 135,400 Hughes Supply, Inc. COM 444482103 161,960,871. 4,517,737 4,517,737 4,149,737 368,000 Hyperion Solutions Corp. COM 44914M104 12,819,978. 357,900 357,900 357,900 IAC/InterActiveCorp COM 44919P300 163,088,616. 5,760,813 5,738,259 5,405,711 355,102 IBIZ TECHNOLOGY CORP COM NEW IBIZ TECHNOLOGY CORP COM NEW 45103B205 0. 30,000 30,000 30,000 ICON plc ADR 45103T107 36,404,868. 884,902 884,902 735,602 149,300 ICU Medical, Inc. COM 44930G107 1,533,111. 39,100 39,100 30,100 9,000 IDACORP, Inc. COM 451107106 49,667,836. 1,695,148 1,695,148 1,579,348 115,800 IDEX Corp. COM 45167R104 53,020,102. 1,289,713 1,289,713 1,218,463 71,250 II-VI, Inc. COM 902104108 47,536,148. 2,660,109 2,660,109 2,477,309 182,800 Illumina, Inc. COM 452327109 6,616,707. 469,270 469,270 460,770 8,500 ImClone Systems, Inc. COM 45245W109 7,352,287. 214,728 214,728 214,728 Informatica Corp. COM 45666Q102 8,381,472. 698,456 698,456 698,456
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Ingersoll-Rand Co., Ltd. Class A G4776G101 24,052,365. 595,798 595,798 595,798 Insight Enterprises, Inc. COM 45765U103 28,316,252. 1,443,970 1,443,970 1,217,167 226,803 Integrated Alarm Services Gr. Group, Inc. 45890M109 1,159,730. 405,500 405,500 311,900 93,600 Intel Corp. COM 458140100 10,317,922. 413,378 413,378 413,378 IntercontinentalExchange, Inc. COM 45865V100 7,731,645. 212,700 212,700 208,300 4,400 Interline Brands, Inc. COM 458743101 42,953,297. 1,888,057 1,888,057 1,763,157 124,900 International DisplayWorks, Inc. 459412102 139,293. 23,450 23,450 23,450 International Game Technology CV zero coupon 1/29/2033 459902AL6 45,074,438. 67,150,000 67,150,000 67,150,000 International Paper Co. COM 460146103 921,214,746. 27,408,948 27,233,796 25,798,789 1,610,159 Interpublic Group of Cos.(The) COM 460690100 305,388,474. 31,646,474 31,646,474 30,381,374 1,265,100 Interpublic Group of Cos.(The) CV PFD 5.625% 12/15/2006 460690308 34,234,250. 925,000 925,000 925,000 Interstate Hotels & Resorts, Inc. 46088S106 2,272,710. 520,071 520,071 399,971 120,100 Int'l. Business Machines Corp. COM 459200101 5,250,454. 63,874 51,412 63,392 482 Int'l. Securities Exchange Inc COM 46031W204 12,975,955. 471,510 471,510 462,210 9,300 Intralase Corp. COM 461169104 180,083. 10,100 10,100 10,100 Intuitive Surgical, Inc. COM 46120E602 15,071,775. 128,522 128,522 126,122 2,400 Investcom LLC GDR 46130T102 5,596,241. 398,309 398,309 360,822 37,487 Investors Financial Services Corp. 461915100 7,774,813. 211,100 211,100 178,500 32,600 Invitrogen Corp. COM 46185R100 1,489,404. 22,350 22,350 22,350 Invitrogen Corp. CV 1.5% 2/15/2024 46185RAK6 17,001,700. 20,002,000 20,002,000 20,002,000 Invitrogen Corp. CV 2.0% 8/1/2023 46185RAJ9 4,441,750. 4,075,000 4,075,000 3,765,000 310,000 Invitrogen Corp. CV 2.25% 12/15/2006 46185RAD2 19,135,356. 19,501,000 19,501,000 19,501,000 Invitrogen Corp. CV 3.25% 6/15/2025 46185RAM2 17,854,375. 18,550,000 18,550,000 18,550,000 IPC Holdings Ltd. CVPFD 7.25 11/15/2008 G4933P119 24,208,698. 884,336 884,336 830,176 54,160 Irobot Corp. COM 462726100 7,856,881. 235,730 235,730 231,430 4,300 Iron Mountain, Inc. COM 462846106 10,951,108. 259,382 259,382 259,382 iShares MSCI Japan Index Fund COM 464286848 390,245,647. 28,864,323 28,864,323 28,864,323 IShares Russell 1000 Value 464287598 82,309,094. 1,192,367 1,192,367 1,192,367 IShares Russell 2000 Value 464287630 2,169,493. 32,906 32,906 32,906 IShares Russell ISHARES TR RUSSELL IJJ S&P MIDCAP 400/ 464287705 1,223,847. 17,362 17,362 17,362 ITT Industries, Inc. COM 450911102 15,703,699. 152,730 152,730 152,730 Jacobs Engineering Group, Inc. COM 469814107 37,196,561. 548,056 548,056 541,056 7,000 Jds Uniphase Corp. COM 46612J101 134,626,462. 57,045,111 57,045,111 56,777,911 267,200 Jefferies Group Inc. COM 472319102 11,303,474. 251,300 251,300 246,600 4,700 J & J Snack Foods Corp. COM 466032109 40,607,804. 683,518 683,518 575,109 108,409 JLG Industries, Inc. COM 466210101 35,714,978. 782,194 782,194 734,394 47,800
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE John B. Sanfilippo & Son, Inc. COM 800422107 3,673,762. 284,127 284,127 264,527 19,600 Johnson & Johnson COM 478160104 417,550,113. 6,947,589 6,900,273 6,579,264 368,325 Jones Lang LaSalle, Inc. COM 48020Q107 7,525,815. 149,470 149,470 146,270 3,200 Joy Global, Inc. COM 481165108 9,670,000. 241,750 241,750 204,900 36,850 JPMorgan Chase & Co. COM 46625H100 860,482,434. 21,680,081 21,547,417 20,527,802 1,152,279 Juniper Networks, Inc. COM 48203R104 8,191,281. 367,322 367,322 367,322 Juniper Networks, Inc. CV 0% 6/15/2008 48203RAC8 8,165,250. 6,840,000 6,840,000 5,420,000 1,420,000 Kanbay Int'l., Inc. COM 48369P207 9,207,270. 579,438 579,438 504,458 74,980 Kansas City Southern Inds CV PFD 5.125% 12/31/2049 485170807 7,804,688. 7,500 7,500 5,955 1,545 KCS Energy Services, Inc. COM 482434206 42,721,174. 1,763,880 1,763,880 1,642,280 121,600 Kellogg Co. COM 487836108 42,563,186. 984,803 984,803 984,803 Kendle Int'l., Inc. COM 48880L107 262,548. 10,200 10,200 10,200 Kensey Nash Corp. COM 490057106 28,978,592. 1,315,415 1,315,415 1,179,855 135,560 Key Energy Services, Inc. COM 492914106 79,926,441. 5,933,663 5,933,663 5,494,613 439,050 Keystone Automotive Industries , Inc. 49338N109 37,655,2745. 1,196,16 1,196,165 1,098,765 97,400 Key Technology, Inc. COM 493143101 2,217,378. 172,693 172,693 132,793 39,900 Kimberly-Clark Corp. COM 494368103 602,249,061. 10,096,380 10,041,017 9,532,936 563,444 King Pharmaceuticals, Inc. COM 495582108 352,758,955. 20,848,638 20,848,638 19,928,038 920,600 Kirby Corp. COM 497266106 53,701,659. 1,029,359 1,029,359 958,259 71,100 KNBT Bancorp, Inc. COM 482921103 16,115,616. 989,295 989,295 919,585 69,710 Knot, Inc. (The) COM 499184109 139,110. 12,160 12,160 12,160 Kos Pharmaceuticals, Inc. COM 500648100 15,592,715. 301,425 301,425 297,925 3,500 Kraft Foods, Inc. Class A 50075N104 881,585,988. 31,328,571 31,141,541 29,619,515 1,709,056 Kroger Co. (The) COM 501044101 924,578,833. 48,971,337 48,737,538 46,755,192 2,216,145 Kyphon Inc. COM 501577100 46,007,326. 1,126,802 1,126,802 990,341 136,461 Laboratory Corp. of America CV 0.0% 9/11/2021 50540RAC6 12,759,688. 16,625,000 16,625,000 16,625,000 Labor Ready, Inc. COM 505401208 16,118,428. 774,180 774,180 765,780 8,400 Ladish Co., Inc. COM 505754200 10,551,100. 472,085 472,085 371,075 101,010 LA International Opportunities Lord Abbett International Series 543915813 74,190,306. 5,475,299 5,475,299 5,475,299 Lakeland Industries, Inc. COM 511795106 4,644,888. 247,200 247,200 204,200 43,000 Landstar System, Inc. COM 515098101 33,545,520. 803,678 803,678 796,278 7,400 LA Securities Trust Int'l Core Lord Abbett Securities Trust - Intl Core Equity 543915599 15,713,927. 1,188,648 1,188,648 1,188,648 Lazard Ltd. Class A G54050102 4,332,020. 135,800 135,800 135,800 LCA-Vision Inc. COM 501803308 68,558,736. 1,443,038 1,443,038 1,249,024 194,014 Lehman Brothers Holdings Inc. COM 524908100 3,548,771. 27,688 27,688 27,688 Lehman Brothers Holdings, Inc. (GIS) (GIS) CVPFD 6.25% 10/15/2007 524908563 47,936,660. 1,823,380 1,823,380 1,737,630 85,750
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Lehman Brothers Holdings, Inc. (RDG) (RDG) CV .25% 12/8/2012 524908PD6 44,893,571. 45,315,000 45,315,000 42,710,000 2,605,000 Lehman Brothers Holdings, Inc. (SPX) CV .25% 7/7/2011 52517PWX5 34,415,360. 32,200,000 32,200,000 32,200,000 Lehman Brothers Holdings, Inc. (TXU) (TXU) CVPFD 7.0% 9/8/2006 524908522 20,705,088. 213,752 213,752 192,207 21,545 Liberty Media Corp. Class A (MOT) CV 3.5% 1/15/2031 530715AN1 16,118,393. 15,687,000 15,687,000 15,687,000 Liberty Media (VIA) CV 3.25% 3/15/2031 530715AR2 49,606,316. 65,379,000 65,379,000 65,379,000 Lincare Holdings, Inc. COM 532791100 9,035,796. 215,600 215,600 215,600 Lincare Holdings, Inc. CV 3% 6/15/2033 532791AB6 10,743,731. 10,677,000 10,677,000 10,677,000 Lions Gate Entertainment Corp. CV 3.625% 3/15/2025 535919AG9 17,754,381. 20,555,000 20,555,000 20,555,000 Lithia Motors, Inc. COM 536797103 3,140,856. 99,900 99,900 83,600 16,300 LivePerson, Inc. COM 538146101 228,495. 40,730 40,730 40,730 LJ International, Inc. COM G55312105 151,606. 44,200 44,200 44,200 LKQ Corp. COM 501889208 9,710,806. 280,497 280,497 274,697 5,800 Lockheed Martin Corp. COM 539830109 4,462,563. 70,133 70,133 70,133 Lockheed Martin Corp. CV 1.0`% 8/15/2033 539830AP4 107,449,772. 100,291,000 100,291,000 97,716,000 2,575,000 Lord Abbett Affiliated Fund, Inc. Lord Abbett Affiliated Fund, Inc. 544001506 518,495,472. 36,851,135 36,851,135 36,851,135 Lord Abbett America's Value Lord Abbett Americas Value Fund 543913818 2,702,527. 220,255 220,255 220,255 Lord Abbett Bond Debenture Fund LORD ABBETT BD DEB FD INC CL C 544004302 94,560. 12,108 12,108 12,108 Lord Abbett Bond Debenture Fund Lord Abbett Bond Debenture Fund 544004401 280,320,486. 36,030,911 36,030,911 36,030,911 Lord Abbett Developing Growth Fund, Inc. Lord Abbett Developing Growth Fund, Inc. 544006505 54,027,076. 2,983,273 2,983,273 2,983,273 Lord Abbett High Yield Fund Lord Abbett High Yield Fund 54400N409 6,298,473. 791,265 791,265 791,265 Lord Abbett Investment Trust - Total Return Fund Lord Abbett Investment Trust - Total Return Fund 54400U106 201,558,901. 19,399,317 19,399,317 19,399,317 Lord Abbett Large Cap Core Lord Abbett Research Fund, Inc. - Large-Cap Series 543913875 136,568,163. 4,942,749 4,942,749 4,942,749 Lord Abbett Large-Cap Growth Fund Lord Abbett Large-Cap Growth Fund 54400Y504 7,838,602. 1,448,910 1,448,910 1,448,910 Lord Abbett Research Fund, Inc.- Growth Opportunities Fund Lord Abbett Research Fund, Inc.- Growth Opportunit 54400R400 2,594,857. 123,741 123,741 123,741 Lord Abbett Small Cap Value Lord Abbett Research Fund, Inc. Small-Cap Value Se 543913800 53,876,624. 1,831,292 1,831,292 1,831,292 Lowe's Cos., Inc. CV 0.861% 10/19/2021 548661CG0 2,563,000. 2,200,000 2,200,000 2,200,000 LSI Industries, Inc. COM 50216C108 29,259,614. 1,868,430 1,868,430 1,733,930 134,500 LSI Logic Corp. CV 4.0% 5/15/2010 502161AJ1 45,415,755. 47,124,000 47,124,000 47,124,000 Lucent Technologies Capital Trust I CVPFD 7.75% 3/15/2017 549462307 6,103,500. 6,260 6,260 4,880 1,380 Lufkin Industries, Inc. COM 549764108 2,234,176. 44,800 44,800 35,000 9,800 Lydall, Inc. COM 550819106 1,475,150. 181,000 181,000 139,200 41,800 Lyondell Chemical Co. COM 552078107 7,741,500. 325,000 325,000 325,000 Manugistics Group, Inc. CV 5% 11/1/2007 565011AB9 14,043,750. 15,000,000 15,000,000 15,000,000 MANULIFE NORTH AMERICA VENTURE MANULIFE NORTH AMERICA VENTURE 657990123 816. 81,615 81,615 81,615 Markel Corp. COM 570535104 697,510. 2,200 2,200 2,200 Marshall & Ilsley Corp. COM 571834100 186,159,147. 4,325,259 4,301,620 4,008,855 316,404
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Marshall & Ilsley Corp. CVPFD 6.5% 8/15/2007 571834209 58,857,679. 2,222,722 2,222,722 2,222,722 Marsh & McLennan Cos., Inc. COM 571748102 31,105,490. 979,392 979,392 973,192 6,200 Massey Energy Co. COM 576206106 62,403,171. 1,647,826 1,647,826 1,387,826 260,000 Matrixx Initiatives, Inc. COM 57685L105 263,970. 12,600 12,600 12,600 Max Re Capital Ltd. COM G6052F103 2,368,464. 91,200 91,200 91,200 McAfee, Inc. COM 579064106 308,206,621. 11,360,362 11,360,362 10,876,762 483,600 McCormick & Schmick's Seafood Restaurant Inc. 579793100 25,497,094. 1,127,691 1,127,691 1,051,391 76,300 McDonald's Corp. COM 580135101 24,188,401. 717,331 717,331 717,331 McGrath RentCorp COM 580589109 2,955,140. 106,300 106,300 81,900 24,400 MeadWestvaco Corp. COM 583334107 324,085,747. 11,562,103 11,562,103 11,065,603 496,500 Measurement Specialties, Inc. COM 583421102 44,088,792. 1,810,628 1,810,628 1,519,328 291,300 Medco Health Solutions, Inc. COM 58405U102 4,528,114. 81,149 81,149 81,149 Mediacom Communications Corp. CV 5.25% 7/1/2006 58446KAA3 4,605,750. 4,600,000 4,600,000 4,600,000 Medical Action Industries, Inc COM 58449L100 2,595,880. 127,000 127,000 97,900 29,100 Medicines Co. (The) COM 584688105 2,130,732. 122,105 122,105 122,105 Medicis Pharmaceutical Corp. CV 1.50% 6/4/2033 584690AB7 5,886,319. 6,045,000 6,045,000 5,170,000 875,000 MedImmune, Inc. COM 584699102 361,566,932. 10,324,584 10,276,192 9,751,059 573,525 MedImmune, Inc. CV 1.0% 7/15/2023 584699AE2 10,514,420. 10,729,000 10,729,000 10,729,000 Medtronic, Inc. COM 585055106 317,557,674. 5,516,027 5,489,349 5,104,901 411,126 Medtronic, Inc. CV 1.25% 9/15/2021 585055AD8 20,981,867. 20,621,000 20,621,000 20,621,000 Mellon Financial Corp. COM 58551A108 480,082. 14,017 14,017 13,242 775 Mentor Graphics Corp. COM 587200106 2,585,000. 250,000 250,000 250,000 Mentor Graphics Corp. CV 6.875% 6/15/2007 587200AB2 28,414,438. 28,450,000 28,450,000 28,450,000 Merck & Co., Inc. COM 589331107 251,374,341. 7,902,368 7,827,644 7,204,555 697,813 Mercury Interactive Corp. CV 4.75% 07/01/2007 589405AB5 15,055,703. 15,622,000 15,622,000 15,622,000 Meridian Bioscience, Inc. COM 589584101 8,143,408. 404,340 404,340 395,640 8,700 Metal Management Inc. COM 591097209 27,093,085. 1,164,793 1,164,793 1,081,293 83,500 MetLife Inc. COM 59156R108 48,147,547. 982,603 975,481 876,691 105,912 MetLife Inc. CV PFD 6.375% 8/15/2008 59156R702 80,402,499. 2,918,421 2,918,421 2,841,591 76,830 MGI Pharma, Inc. CV 1.6821% 3/2/2024 552880AB2 25,787,063. 41,425,000 41,425,000 41,425,000 Microsemi Corp. COM 595137100 9,378,123. 339,050 339,050 332,750 6,300 Microsoft Corp. COM 594918104 848,617,042. 32,451,895 32,268,832 30,837,998 1,613,897 Middleby Corp. (The) COM 596278101 34,993,316. 404,547 404,547 377,647 26,900 Mikohn Gaming Corp. COM 59862K108 153,972. 15,600 15,600 15,600 Millicom Intl Cellular S.A. COM L6388F110 5,402,677. 201,292 201,292 175,825 25,467 MISC SECURITY MISC SECURITY 454990805 0. 85,000 85,000 85,000
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Mitsubishi UFJ Financial Group ADR 606822104 172,651,613. 12,611,513 12,608,568 11,897,401 714,112 Mobile Mini, Inc. COM 60740F105 2,327,340. 49,100 49,100 37,800 11,300 Mobile Telesystems ADR 607409109 5,121,025. 146,315 146,315 128,015 18,300 Mobility Electronics, Inc. COM 60741U101 1,816,080. 188,000 188,000 146,400 41,600 Modine Manufacturing Co. COM 607828100 40,033,882. 1,228,410 1,228,410 1,146,610 81,800 Modtech Holdings, Inc. COM 60783C100 1,385,122. 148,300 148,300 114,400 33,900 Moldflow Corp. COM 608507109 2,017,118. 144,700 144,700 111,400 33,300 Molecular Devices Corp. COM 60851C107 32,742,366. 1,131,779 1,131,779 1,044,479 87,300 Monro Muffler Brake, Inc. COM 610236101 3,591,404. 118,450 118,450 90,950 27,500 Monsanto Co. COM 61166W101 832,751,967. 10,741,029 10,687,655 10,167,030 573,999 Monster Worldwide Inc. COM 611742107 7,870,749. 192,816 192,816 192,816 Moog Inc. Class A COM 615394202 32,989,878. 1,162,434 1,162,434 1,093,172 69,262 Morgan Stanley Series MO COM 617446448 109,917,976. 1,937,222 1,932,753 1,860,255 76,967 Morningstar, Inc. COM 617700109 14,229,627. 410,786 410,786 403,186 7,600 Mosaic Co. (The) COM 61945A107 295,870,185. 20,223,526 20,223,526 19,347,926 875,600 Motorola, Inc. COM 620076109 943,513,656. 41,766,873 41,524,800 39,801,580 1,965,293 MSC Industrial Direct Co., Inc. Class A 553530106 12,819,321. 318,730 318,730 318,730 M-Systems Finance N.V. CV 1% 3/15/2035 55375VAB8 5,338,138. 4,195,000 4,195,000 3,555,000 640,000 Mueller Industries, Inc. COM 624756102 35,843,808. 1,307,214 1,307,214 1,217,814 89,400 MuniYield CA Insured Fund II MUNIYIELD CALIF INSD FD II COM 62629L104 245,112. 16,800 16,800 16,800 Mylan Laboratories, Inc. COM 628530107 373,753,675. 18,725,134 18,725,134 17,969,809 755,325 Napco Security Systems, Inc. COM 630402105 134,810. 13,000 13,000 13,000 National City Corp. COM 635405103 563,976. 16,800 16,800 National Fuel Gas Co. COM 636180101 9,357,000. 300,000 300,000 300,000 National Semiconductor Corp. COM 637640103 11,012,922. 423,900 423,900 423,900 Nationwide Health Properties, COM 638620104 59,685,049. 2,789,021 2,789,021 2,581,721 207,300 Navigators Group, Inc. (The) COM 638904102 54,856,321. 1,257,884 1,257,884 1,161,684 96,200 Navistar Financial Corp. CV 4.75% 4/1/2009 638902AM8 7,259,400. 8,066,000 8,066,000 8,066,000 NCI Building Systems, Inc. COM 628852105 93,630,253. 2,204,102 2,204,102 2,059,802 144,300 Nelnet, Inc. Class A 64031N108 9,266,904. 227,800 227,800 223,600 4,200 Nestor, Inc. COM 641074505 130,275. 22,500 22,500 22,500 Netflix, Inc. COM 64110L106 9,135,456. 337,600 337,600 330,900 6,700 Network Appliance, Inc. COM 64120L104 11,558,700. 428,100 428,100 428,100 NeuStar, Inc. COM 64126X201 20,559,407. 674,300 674,300 662,600 11,700 Newell Rubbermaid, Inc. COM 651229106 330,607,169. 13,902,741 13,867,441 13,461,195 441,546 Newmont Mining Corp. COM 651639106 1,034,973,842. 19,381,533 19,275,461 18,401,855 979,678
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Nextel Communications, Inc. CV 5.25% 1/15/2010 65332VAY9 61,381,320. 61,152,000 61,152,000 58,402,000 2,750,000 Nextel Partners, Inc. Class A 65333F107 6,217,907. 222,545 222,545 222,545 Nicor, Inc. COM 654086107 42,056,432. 1,069,866 1,069,866 1,007,166 62,700 NII Holdings 144A CV 2.75% 8/15/2025 62913FAE2 5,456,250. 5,000,000 5,000,000 4,150,000 850,000 NIKE, Inc. Class B 654106103 207,941,211. 2,395,912 2,382,412 2,383,742 12,170 NiSource, Inc. COM 65473P105 307,564,523. 14,744,225 14,744,225 14,108,725 635,500 NN, Inc. COM 629337106 2,340,480. 220,800 220,800 169,900 50,900 Nomura Holdings Inc. ADR 65535H208 1,331,773. 69,291 69,291 60,991 8,300 Nordstrom, Inc. COM 655664100 12,169,960. 325,400 325,400 325,400 Nortel Networks Corp. CV 4.25% 9/1/2008 656568AB8 17,240,210. 18,292,000 18,292,000 18,292,000 North Bay Bancorp COM 657477105 750,335. 27,275 27,275 21,075 6,200 Northeast Utilities System COM 664397106 294,140,020. 14,938,549 14,938,549 14,265,749 672,800 North Pointe Holdings Corp. COM 661696104 5,486,783. 356,980 356,980 350,080 6,900 NovaMed, Inc. COM 66986W108 163,233. 25,000 25,000 25,000 Novartis AG ADR 66987V109 1,105,641,385. 21,067,862 20,948,623 20,166,712 901,150 NovaTek OAO GDR 144A B0F4RV6 3,847,575. 176,900 176,900 153,300 23,600 Novatel, Inc. COM 669954109 6,250,904. 226,400 226,400 221,700 4,700 NuCo2, Inc. COM 629428103 1,739,712. 62,400 62,400 48,800 13,600 Nucor Corp. COM 670346105 9,033,888. 135,400 135,400 135,400 Nuveen CA Muni Val Fd 67062C107 129,310. 13,400 13,400 13,400 Odyssey Re Holdings Corp. COM 67612W108 17,236,380. 687,256 687,256 637,956 49,300 OfficeMax, Inc. COM 67622P101 178,578,729. 7,041,748 7,041,748 6,710,848 330,900 Ohio Casualty Corp. COM 677240103 58,672,328. 2,071,763 2,071,763 1,742,563 329,200 Oil States Int'l., Inc. COM 678026105 8,214,624. 259,300 259,300 254,300 5,000 Omnicare Capital Trust II CV PFD 4.0% 6/15/2033 68214Q200 14,830,085. 199,678 199,678 199,678 Omnicare, Inc. COM 681904108 7,657,066. 133,818 133,818 133,818 Online Resources Corp. COM 68273G101 219,895. 19,900 19,900 19,900 Openwave System, Inc. COM 683718308 8,922,872. 510,754 510,754 500,654 10,100 Option Care, Inc. COM 683948103 30,103,928. 2,253,288 2,253,288 1,898,357 354,931 OptionsXpress Holdings, Inc. COM 684010101 11,109,882. 452,541 452,541 444,041 8,500 Oracle Corp. COM 68389X105 2,955,296. 242,039 242,039 242,039 Orange 21, Inc. COM 685317109 124,260. 32,700 32,700 32,700 O'Reilly Automovtive, Inc. COM 686091109 9,500,568. 296,800 296,800 296,800 OSI Pharmaceuticals, Inc. COM 671040103 3,028,320. 108,000 108,000 108,000 Owens Illinois, Inc. CVPFD 4.75% 690768502 27,428,446. 806,719 806,719 751,519 55,200 Pactiv Corp. COM 695257105 415,684,478. 18,894,749 18,894,749 18,044,849 849,900
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Pall Corp. COM 696429307 177,445,352. 6,606,305 6,573,616 6,114,723 491,582 Palomar Medical Technologies COM 697529303 6,461,656. 184,408 184,408 180,908 3,500 P.A.M. Transportation Services , Inc. 693149106 693,810. 39,000 39,000 28,200 10,800 PanAmSat Holding Corp. COM 69831Y105 135,879,450. 5,546,100 5,546,100 5,527,000 19,100 Parker Hannifin Corp. COM 701094104 757,133,370. 11,478,675 11,425,578 10,919,870 558,805 Parmalat SpA 144A GDR 70175R102 277,339. 114,000 114,000 114,000 Par Pharmaceutical Cos., Inc. COM 69888P106 32,701,942. 1,043,457 1,043,457 878,457 165,000 PartnerRe Ltd. COM G6852T105 325,897,784. 4,962,659 4,962,659 4,728,259 234,400 Patterson-UTI Energy, Inc. COM 703481101 3,206,035. 97,300 97,300 95,000 2,300 Penn National Gaming, Inc. COM 707569109 10,560,475. 320,500 320,500 320,500 Pennsylvania Commerce Bancorp, Inc. 708677109 1,525,615. 47,900 47,900 35,400 12,500 PepsiCo, Inc. COM 713448108 862,010,172. 14,590,558 14,518,207 13,913,770 676,788 Per-Se Technologies, Inc. CV 3.25% 6/30/2024 713569AB7 10,552,400. 7,360,000 7,360,000 5,885,000 1,475,000 PETCO Animal Supplies, Inc. COM 716016209 2,776,675. 126,500 126,500 120,000 6,500 Pfizer, Inc. COM 717081103 1,168,144,929. 50,091,978 49,869,981 47,383,555 2,708,423 PG&E Corp. COM 69331C108 131,924,703. 3,554,006 3,538,340 3,304,516 249,490 PG&E Corp. CV 9.5% 06/30/2010 69331CAD0 10,699,650. 3,835,000 3,835,000 3,050,000 785,000 PhotoMedex, Inc. COM 719358103 104,576. 60,800 60,800 60,800 Piedmont Natural Gas COM 720186105 44,220,241. 1,830,308 1,830,308 1,706,708 123,600 Pike Electrical Corp. COM 721283109 16,970,597. 1,046,276 1,046,276 968,976 77,300 Pilgrim's Pride Corp. COM 721467108 10,253,072. 309,200 309,200 260,700 48,500 Pioneer Drilling Co. COM 723655106 1,730,245. 96,500 96,500 75,000 21,500 Placer Dome, Inc. CV 2.75% 10/15/2023 725906AK7 16,411,219. 13,275,000 13,275,000 13,275,000 PMI Group, Inc. COM 69344M101 218,122,708. 5,310,999 5,310,999 5,055,799 255,200 PNC Financial Services Group, Inc. (The) 693475105 129,741,908. 2,098,365 2,086,523 1,926,909 171,456 PNM Resources, Inc. COM 69349H107 47,053,862. 1,921,350 1,921,350 1,789,950 131,400 PNM Resources, Inc. CV PFD 6.75% 5/16/08 69349H206 46,812,028. 994,097 994,097 994,097 Possis Medical Inc. COM 737407106 8,387,004. 842,915 842,915 784,615 58,300 Potash Corp. of Saskatchewan, Inc. 73755L107 376,244,247. 4,690,155 4,672,955 4,510,367 179,788 Powell Industries, Inc. COM 739128106 1,979,192. 110,200 110,200 85,100 25,100 Powerwave Technologies, Inc. COM 739363109 6,043,656. 480,800 480,800 480,800 Powerwave Technologies, Inc. CV 1.25% 7/15/2008 739363AB5 6,604,594. 5,175,000 5,175,000 4,300,000 875,000 Powerwave Technologies, Inc. CV 1.875% 11/15/2024 739363AD1 3,418,030. 2,702,000 2,702,000 2,702,000 PPL Energy Supply LLC CV 2.625% 5/15/2023 69352JAE7 30,870,580. 25,672,000 25,672,000 23,922,000 1,750,000 PRA Int'l. COM 69353C101 8,359,959. 296,979 296,979 291,979 5,000 Praxair, Inc. COM 74005P104 576,178,325. 10,879,500 10,819,193 10,364,647 514,853
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Precision Castparts Corp. COM 740189105 2,460,975. 47,500 47,500 47,500 Pride Int'l., Inc. COM 74153Q102 69,328,827. 2,254,596 2,254,596 1,897,496 357,100 PrivateBancorp, Inc. COM 742962103 15,036,186. 422,721 422,721 368,621 54,100 ProAssurance Corp. COM 74267C106 7,417,114. 152,490 152,490 149,290 3,200 Procter & Gamble Co. (The) COM 742718109 1,545,938,365. 26,709,371 26,572,507 25,240,291 1,469,080 Progress Energy, Inc. COM 743263105 249,637,926. 5,683,924 5,674,824 5,673,943 9,981 Protein Design Labs, Inc. COM 74369L103 4,368,154. 153,700 153,700 153,700 Protein Design Labs, Inc. CV 2.75% 8/16/2023 74369LAD5 1,750,750. 1,175,000 1,175,000 575,000 600,000 Provident Bankshares Corp. COM 743859100 30,503,056. 903,259 903,259 841,359 61,900 PSS World Medical, Inc. COM 69366A100 20,891,129. 1,407,758 1,407,758 1,310,128 97,630 Psychemedics Corp. COM 744375205 1,828,500. 132,500 132,500 102,400 30,100 Psychiatric Solutions, Inc. COM 74439H108 22,004,004. 374,600 374,600 353,300 21,300 Puget Energy Inc. COM 745310102 94,072,898. 4,606,900 4,606,900 4,591,700 15,200 Quaker Chemical Corp. COM 747316107 1,588,398. 82,600 82,600 63,600 19,000 QUALCOMM, Inc. COM 747525103 18,583,420. 431,370 431,370 431,370 Quanex Corp. COM 747620102 186,842,829. 3,739,100 3,739,100 3,523,000 216,100 Quanta Services, Inc. COM 74762E102 11,008,303. 835,862 835,862 781,362 54,500 Quanta Services, Inc. CV 4.0% 7/01/2007 74762EAA0 4,873,280. 5,024,000 5,024,000 4,399,000 625,000 Quanta Services, Inc. CV 4.50% 10/1/2023 74762EAC6 6,640,750. 5,050,000 5,050,000 4,125,000 925,000 Quicksilver Resources, Inc. CV 1.875% 11/1/2024 74837RAB0 15,827,213. 10,370,000 10,370,000 9,460,000 910,000 Quixote Corp. COM 749056107 2,225,203. 112,384 112,384 86,684 25,700 Qwest Communications Int'l., CV 3.50% 11/15/2025 749121BY4 11,934,256. 10,255,000 10,255,000 10,255,000 Qwest Communications Int'l., Inc. 749121109 277,189,802. 49,060,142 49,060,142 46,968,342 2,091,800 RadioShack Corp. COM 750438103 20,494,408. 974,532 948,116 649,929 324,603 RadiSys Corp. COM 750459109 17,804,764. 1,026,803 1,026,803 868,266 158,537 RADYNE CORP COM 750611402 979,833. 67,250 67,250 51,850 15,400 Range Resources Corp. COM 75281A109 14,949,557. 567,561 567,561 528,311 39,250 Raymond James Financial, Inc. COM 754730109 14,135,630. 375,249 375,249 349,049 26,200 Raytheon Co. COM 755111507 430,043,744. 10,710,928 10,644,957 10,138,809 572,119 RealNetworks, Inc. COM 75605L104 7,579,921. 976,794 976,794 957,294 19,500 Redback Networks COM 757209507 10,062,756. 715,701 715,701 701,401 14,300 Red Hat, Inc. COM 756577102 14,560,733. 534,535 534,535 526,935 7,600 Regent Communications, Inc. COM 758865109 15,638,387. 3,370,342 3,370,342 2,788,141 582,201 Reinsurance Group of America CV 5.75 12/15/2050 759351307 5,623,500. 92,000 92,000 92,000 Reliance Inds- Spons GDR 144A COM 759470107 563,895. 14,265 14,265 500 13,765 RemedyTemp, Inc. COM 759549108 358,900. 38,800 38,800 29,900 8,900
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Republic Airways Holdings,Inc. COM 760276105 6,366,870. 418,873 418,873 349,168 69,705 Resources Connection, Inc. COM 76122Q105 13,471,795. 516,953 516,953 506,653 10,300 RF Micro Devices, Inc. CV 1.5% 7/1/2010 749941AE0 9,237,500. 10,000,000 10,000,000 10,000,000 R.H. Donnelley Corp. COM 74955W307 263,814,599. 4,281,315 4,281,315 4,076,515 204,800 Rita Medical Systems, Inc. COM 76774E103 116,127. 29,700 29,700 29,700 Robbins & Myers, Inc. COM 770196103 1,273,910. 62,600 62,600 46,600 16,000 Robert Half Int'l., Inc. COM 770323103 8,598,340. 226,929 226,929 226,929 Roche Holdings Ltd. ADR 771195104 1,205,851. 16,110 16,110 16,110 Rock of Ages Corp. COM 772632105 1,070,064. 247,700 247,700 195,900 51,800 Rockwell Collins, Inc. COM 774341101 6,696,327. 144,100 144,100 144,100 Rogers Communications, Inc. Class B 775109200 4,386,588. 103,800 103,800 103,800 Rogers Corp. COM 775133101 63,652,533. 1,624,618 1,624,618 1,520,818 103,800 Roper Industries, Inc. CV 1.4813% 1/15/2034 776696AA4 10,958,285. 19,834,000 19,834,000 16,634,000 3,200,000 RPM Int'l., Inc. CV 1.389 5/13/2033 749685AK9 13,592,563. 25,586,000 25,586,000 24,511,000 1,075,000 R.R. Donnelley & Sons Co. COM 257867101 445,251,155. 13,015,234 13,015,234 12,501,930 513,304 Ruby Tuesday, Inc. COM 781182100 24,990,271. 965,248 965,248 902,448 62,800 Rush Enterprises, Inc. Class A 781846209 14,760,186. 991,948 991,948 833,348 158,600 Rush Enterprises, Inc. Class B 781846308 1,958,976. 136,040 136,040 104,640 31,400 Ryland Group, Inc. COM 783764103 71,403,795. 989,932 989,932 834,432 155,500 Sabre Holdings Corp. Class A 785905100 428,584,061. 17,776,195 17,776,195 16,991,595 784,600 Safeco Corp. COM 786429100 281,956,272. 4,990,377 4,990,377 4,788,677 201,700 Safeway, Inc. COM 786514208 168,159,948. 7,107,352 7,107,352 7,074,552 32,800 Salesforce.com, LLC COM 79466L302 8,919,515. 278,300 278,300 272,900 5,400 SBS Technologies, Inc. COM 78387P103 12,753,554. 1,266,490 1,266,490 1,153,190 113,300 ScanSource, Inc. COM 806037107 28,336,871. 518,231 518,231 478,754 39,477 Schering-Plough Corp. COM 806605101 466,167,147. 22,358,137 22,244,262 21,494,582 863,555 Schering-Plough Corp. CV PFD 6.0% 9/14/2007 806605606 44,097,580. 819,810 819,810 819,810 Schlumberger Ltd. COM 806857108 916,104,743. 9,429,797 9,371,495 8,962,690 467,107 Schlumberger Ltd. CV 1.5% 6/1/2023 806857AC2 102,252,480. 74,096,000 74,096,000 74,096,000 School Specialty, Inc. COM 807863105 15,556,637. 426,911 426,911 395,001 31,910 Scientific-Atlanta, Inc. COM 808655104 2,799,550. 65,000 65,000 65,000 Scientific Games Corp. Class A 80874P109 14,543,459. 533,118 533,118 533,118 Scientific Games Corp. CV 0.75% 12/1/2024 80874PAD1 10,669,943. 9,914,000 9,914,000 8,314,000 1,600,000 Sci Systems, Inc. CV 3% 3/15/2007 783890AF3 3,799,950. 3,948,000 3,948,000 3,948,000 Seacoast Banking Corp. of Florida 811707306 8,849,841. 385,614 385,614 357,094 28,520 Seacor Holdings COM 811904101 12,237,570. 179,700 179,700 179,700
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Select Comfort Corp. COM 81616X103 85,007,164. 3,108,123 3,108,123 2,625,016 483,107 Selective Insurance Group, Inc. 816300107 22,080,467. 415,828 415,828 387,428 28,400 SEMCO Energy, Inc. COM 78412D109 2,746,949. 488,781 488,781 488,781 Sepracor, Inc. COM 817315104 4,370,520. 84,700 84,700 84,700 ServiceMaster Co. COM 81760N109 24,564,420. 2,055,600 2,055,600 2,055,600 SFBC Int'l., Inc. CV 2.25% 8/15/2024 784121AB1 22,142,375. 30,700,000 30,700,000 30,700,000 Shaw Group, Inc. (The) COM 820280105 61,331,552. 2,108,338 2,108,338 1,975,038 133,300 SHELTER PROPERTIES 02 SHELTER PROPERTIES 02 822897203 25,000. 25,000 25,000 25,000 Shuffle Master, Inc. COM 825549108 5,859,656. 233,081 233,081 233,081 Sierra Health Services, Inc. COM 826322109 16,311,840. 204,000 204,000 201,100 2,900 Signature Bank COM 82669G104 45,858,071. 1,633,704 1,633,704 1,517,804 115,900 Simon Property Group, Inc. COM 828806802 35,739,419. 555,823 555,823 508,323 47,500 Simpson Manufacturing Co., Inc. 829073105 94,703,491. 2,605,323 2,605,323 2,447,323 158,000 Sinclair Broadcast Group, Inc. CV 4.875% 7/15/2018 829226AU3 14,114,250. 16,200,000 16,200,000 16,200,000 Sinclair Broadcast Group, Inc. CV 6.0% 9/15/2012 829226AV1 24,061,825. 27,460,000 27,460,000 27,460,000 SiRF Technology Holdings, Inc. COM 82967H101 10,474,611. 351,497 351,497 344,297 7,200 SM&A COM 78465D105 23,127,436. 2,810,138 2,810,138 2,341,766 468,372 Snap-on Inc. COM 833034101 302,701,223. 8,059,138 8,059,138 7,712,238 346,900 Southern Co. (The) COM 842587107 171,916,928. 4,978,770 4,955,006 4,595,782 382,988 Southern Union Company CVPFD 5.75% 8/16/2006 844030304 22,072,941. 306,995 306,995 306,995 Southwest Bancorp, Inc. COM 844767103 1,500,280. 75,014 75,014 57,614 17,400 Southwest Gas Corp. COM 844895102 92,722,331. 3,512,210 3,512,210 3,232,510 279,700 SpectraLink Corp. COM 847580107 11,900,470. 1,002,567 1,002,567 856,860 145,707 Sprint Nextel Corp. COM 852061100 426,254,779. 18,247,208 18,142,330 17,314,403 932,805 SRA Int'l., Inc. COM 78464R105 7,462,144. 244,340 244,340 244,340 Stamps.com Inc. COM 852857200 13,621,250. 593,260 593,260 583,160 10,100 Starwood Hotels & Resorts Worldwide, Inc. 85590A203 16,456,722. 257,700 257,700 257,700 Starwood Hotels & Resorts Worldwide Inc CV 3.5% 5/16/2023 85590AAJ3 22,060,474. 17,151,000 17,151,000 16,731,000 420,000 State National Bancshares,Inc. COM 857124101 4,883,964. 182,920 182,920 179,120 3,800 Steel Dynamics, Inc. COM 858119100 131,785,813. 3,711,231 3,711,231 3,503,731 207,500 Steel Technologies Inc. COM 858147101 53,462,327. 1,910,051 1,910,051 1,776,251 133,800 St. Jude Medical, Inc. COM 790849103 14,196,460. 282,798 282,798 282,798 Stratasys, Inc. COM 862685104 30,460,179. 1,217,920 1,217,920 1,027,420 190,500 Strayer Education, Inc. COM 863236105 25,070,185. 267,558 267,558 226,196 41,362 Sun Microsystems, Inc. COM 866810104 147,399,788. 35,178,947 35,001,662 32,450,885 2,728,062 Sunpower Corp. COM 867652109 9,270,433. 272,740 272,740 267,240 5,500
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Suntech Power Holdings Co. ADR 86800C104 1,362,500. 50,000 50,000 50,000 SunTrust Banks, Inc. COM 867914103 4,661,297. 64,064 64,064 63,764 300 Superior Energy Services, Inc. COM 868157108 45,266,909. 2,150,447 2,150,447 2,031,947 118,500 Superior Well Services, Inc. COM 86837X105 524,454. 22,073 22,073 17,173 4,900 SUPERVALU INC. CV 0% 11/2/2031 868536AP8 11,380,005. 33,348,000 33,348,000 33,348,000 SVB Financial Group COM 78486Q101 19,990,703. 426,787 426,787 421,687 5,100 Sybase, Inc. COM 871130100 206,731,550. 9,457,070 9,457,070 8,987,670 469,400 Sybron Dental Specialties, Inc. 871142105 22,351,325. 561,450 561,450 556,350 5,100 Symbion, Inc. COM 871507109 11,561,778. 502,686 502,686 492,886 9,800 Symmetry Medical, Inc. COM 871546206 27,008,331. 1,392,900 1,392,900 1,169,400 223,500 Syniverse Holdings, Inc. COM 87163F106 55,522,125. 2,656,561 2,656,561 2,475,761 180,800 TALX Corp. COM 874918105 14,827,136. 324,374 324,374 317,774 6,600 Target Corp. COM 87612E106 2,408,401. 43,813 43,813 43,813 Tasty Baking Co. COM 876553306 849,375. 113,250 113,250 85,550 27,700 TCF Financial Corp. COM 872275102 5,033,086. 185,449 185,449 180,549 4,900 Team, Inc. COM 878155100 2,284,102. 108,200 108,200 83,400 24,800 TechTeam Global, Inc. COM 878311109 115,460. 11,500 11,500 11,500 TECO Energy, Inc. COM 872375100 14,603,000. 850,000 850,000 850,000 Teledyne Technologies, Inc. COM 879360105 13,215,154. 454,129 454,129 424,419 29,710 TELEPAD CORP CL A TELEPAD CORP CL A 87943E106 170. 17,000 17,000 17,000 Telkonet, Inc. COM 879604106 176,375. 42,500 42,500 42,500 Tellabs, Inc. COM 879664100 212,931,347. 19,534,986 19,534,986 18,674,285 860,701 Tennant Co. COM 880345103 2,801,448. 53,874 53,874 45,474 8,400 Tenneco Inc. COM 880349105 74,419,303. 3,794,967 3,794,967 3,548,967 246,000 Terex Corp. COM 880779103 6,840,682. 115,163 115,163 115,163 Tetra Technologies, Inc. COM 88162F105 10,212,145. 334,605 334,605 327,855 6,750 Teva Pharmaceutical Finance B.V. CV 0.375% 11/15/2022 88164MAB4 114,094,525. 56,905,000 56,905,000 55,695,000 1,210,000 Teva Pharmaceutical Industries Ltd. ADR 881624209 333,501,647. 7,754,049 7,752,713 7,301,527 452,522 Texas Instruments, Inc. COM 882508104 10,239,310. 319,280 319,280 319,280 Texas Petrochemical, Inc. COM 88265P208 5,770,298. 270,906 270,906 270,906 Texas Regional Bancshares,Inc. COM 882673106 35,709,393. 1,261,816 1,261,816 1,178,716 83,100 Texas Roadhouse, Inc. Class A COM 882681109 2,380,705. 153,100 153,100 153,100 Texas United Bancshares, Inc. COM 882838105 2,612,679. 143,870 143,870 117,940 25,930 Tibco Software, Inc. COM 88632Q103 5,058,684. 677,200 677,200 677,200 Tidewater, Inc. COM 886423102 9,349,938. 210,300 210,300 210,300 Timken Co. (The) COM 887389104 419,515,922. 13,101,684 13,101,684 12,579,084 522,600
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Todco Class A 88889T107 13,073,610. 343,500 343,500 336,900 6,600 Tommy Hilfiger Corp. COM G8915Z102 176,224,495. 10,851,262 10,851,262 10,329,162 522,100 Transocean, Inc. COM G90078109 5,069,042. 72,737 72,737 63,637 9,100 TRC Co. , Inc. COM 872625108 8,412,578. 768,272 768,272 710,772 57,500 TreeHouse Foods, Inc. COM 89469A104 10,505,290. 561,180 561,180 558,840 2,340 Tribune Co. COM 896047107 433,375,831. 14,321,739 14,246,651 13,518,403 803,336 Tribune Co. CV 2.0% 5/15/2029 896047305 4,688,694. 62,725 62,725 62,725 Trident Microsystems, Inc. COM 895919108 9,066,312. 503,684 503,684 493,584 10,100 Trinity Industries, Inc. COM 896522109 222,008,839. 5,037,641 5,037,641 4,750,221 287,420 TriPath Imaging, Inc. COM 896942109 13,629,526. 2,256,544 2,256,544 1,888,702 367,842 Tuesday Morning Corp. COM 899035505 25,856,702. 1,235,980 1,235,980 1,040,280 195,700 Tupperware Brands Corp. COM 899896104 117,626,880. 5,251,200 5,251,200 5,233,500 17,700 TurboChef Technologies, Inc. COM 900006206 156,524. 10,900 10,900 10,900 Turkiye Is Bankasi A.S. GDR Registered Shares 5453289 2,012,259. 232,443 232,443 232,443 Twin Disc, Inc. COM 901476101 2,989,761. 66,900 66,900 51,500 15,400 Tyco Int'l. Group S.A. CV 2.75% 1/15/2018 902118BF4 29,063,318. 22,862,000 22,862,000 22,862,000 Tyco Int'l. Group S.A. CV 3.125% 01/15/2023 902118BG2 21,720,975. 15,942,000 15,942,000 15,942,000 Ultralife Batteries, Inc. COM 903899102 124,800. 10,400 10,400 10,400 Ultra Petroleum Corp. COM 903914109 1,897,200. 34,000 34,000 34,000 Under Armour, Inc. COM 904311107 7,454,360. 194,580 194,580 190,880 3,700 Unibanco - Uniqo de Bancos ADR 90458E107 228,852. 3,600 3,600 3,600 Union Pacific Corp. COM 907818108 553,880,943. 6,879,654 6,838,941 6,502,168 377,486 Unit Corp. COM 909218109 37,499,643. 681,440 681,440 593,940 87,500 United Community Banks, Inc. COM 90984P105 18,656,935. 699,810 699,810 660,110 39,700 UnitedHealth Group, Inc. COM 91324P102 34,909,382. 561,786 561,786 561,786 United Natural Foods, Inc. COM 911163103 5,138,866. 194,654 194,654 190,454 4,200 United Parcel Service, Inc. Class B 911312106 18,431,439. 245,262 237,462 245,262 United Rentals, Inc. COM 911363109 27,338,045. 1,168,792 1,168,792 1,125,692 43,100 United Rentals, Inc. CV PFD 6.5% 8/1/2028 91136H306 13,437,864. 314,336 314,336 259,936 54,400 Universal American Financial, Inc. 913377107 2,735,512. 181,400 181,400 181,400 Universal Electronics, Inc. COM 913483103 22,812,916. 1,324,023 1,324,023 1,101,662 222,361 Universal Forest Products, Inc. 913543104 81,166,891. 1,469,084 1,469,084 1,369,384 99,700 Universal Health. Services, Inc. CV 0.426% 06/23/2020 913903AL4 17,212,500. 30,000,000 30,000,000 30,000,000 Universal Technical Institute COM 913915104 5,259,800. 170,000 170,000 165,900 4,100 Univision Communications, Inc. Class A 914906102 12,544,651. 426,834 426,834 426,834 UNOVA, Inc. COM 91529B106 1,825,200. 54,000 54,000 52,900 1,100
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE Urban Outfitters, Inc. COM 917047102 2,075,876. 82,018 82,018 82,018 URS Corp. COM 903236107 61,913,244. 1,646,191 1,646,191 1,531,891 114,300 USA Truck, Inc. COM 902925106 8,687,032. 298,216 298,216 292,216 6,000 U.S. Concrete, Inc. COM 90333L102 11,643,336. 1,228,200 1,228,200 1,135,900 92,300 U.S.I. Holdings Corp. COM 90333H101 46,528,816. 3,378,999 3,378,999 2,826,427 552,572 UTi Worldwide, Inc. COM G87210103 7,724,288. 83,200 83,200 83,200 Valassis Communications, Inc. CV 1.0843% 5/22/2033 918866AK0 298,890. 486,000 486,000 486,000 Valero Energy Corp. CVPFD 2% 7/1/2006 91913Y407 7,011,000. 68,400 68,400 61,900 6,500 Valmont Industries, Inc. COM 920253101 44,531,178. 1,330,878 1,330,878 1,238,478 92,400 Varian Semi Equip Assoc., Inc. COM 922207105 13,903,406. 316,490 316,490 310,590 5,900 Ventana Medical Systems, Inc. COM 92276H106 11,014,388. 260,080 260,080 255,080 5,000 Verint Systems, Inc. COM 92343X100 7,024,814. 203,795 203,795 200,395 3,400 Verisign Inc. COM 92343E102 8,112,592. 370,100 370,100 370,100 Verizon Communications, Inc. COM 92343V104 438,545,546. 14,559,945 14,437,997 13,442,262 1,117,683 V.F. Corp. COM 918204108 22,086,194. 399,100 399,100 390,600 8,500 Viacom, Inc. Class B 925524308 80,078,219. 2,456,387 2,456,387 2,437,406 18,981 Viacom, Inc. VIACOM INC CL A 925524100 13,792,026. 421,002 421,002 421,002 Vimpel - Communications ADR 68370R109 4,243,426. 95,940 95,940 95,940 Vion Pharmaceuticals, Inc. COM 927624106 2,912,856. 1,765,367 1,765,367 1,731,767 33,600 Vishay Intertechnology, Inc. COM 928298108 75,908,499. 5,516,606 5,516,606 5,279,106 237,500 Vishay Intertechnology, Inc. CV 3.625% 08/01/2023 928298AF5 16,438,520. 16,774,000 16,774,000 16,774,000 Vitran Corp. Inc. COM 92850E107 19,133,704. 971,254 971,254 820,643 150,611 Volcom, Inc. COM 92864N101 15,403,639. 452,915 452,915 443,915 9,000 Wabash National Corp. COM 929566107 25,731,635. 1,350,742 1,350,742 1,136,042 214,700 Wabtec Corp. COM 929740108 33,664,220. 1,251,458 1,251,458 1,168,358 83,100 Wachovia Corp. COM 929903102 179,476,404. 3,395,316 3,369,498 3,266,390 128,926 Walgreen Co. COM 931422109 8,737,676. 197,417 179,417 197,417 Wal-Mart Stores, Inc. COM 931142103 731,120,701. 15,622,237 15,538,283 14,909,406 712,831 Walt Disney Co. (The) COM 254687106 448,908,518. 18,727,932 18,607,274 18,005,857 722,075 Walt Disney Co. (The) CV 2.125% 04/15/2023 254687AU0 92,606,730. 92,146,000 92,146,000 91,721,000 425,000 Walter Industries, Inc. CV 3.75% 5/01/2024 93317QAC9 6,239,288. 2,195,000 2,195,000 1,715,000 480,000 Warnaco Group, Inc. (The) COM 934390402 113,399,119. 4,243,979 4,243,979 3,842,479 401,500 Waste Industries USA, Inc. COM 941057101 2,206,988. 171,350 171,350 131,850 39,500 Waste Management, Inc. COM 94106L109 510,823,544. 16,831,089 16,741,677 15,942,011 889,078 Watson Pharmaceuticals, Inc. CV 1.75% 3/15/2023 942683AC7 39,664,438. 41,425,000 41,425,000 41,425,000 Weatherford Int'l., Ltd. COM G95089101 19,093,328. 527,440 527,440 527,440
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 CUSIP / SHARES OR INVESTMENT SEDOL FAIR MARKET PRINCIPAL DISCRETION OTHER VOTING NAME OF ISSUE TITLE OF CLASS NUMBERS VALUE AMOUNT SOLE MANAGERS AUTHORITY (A)SOLE (C)NONE WebEx Comm, Inc. COM 94767L109 22,985,530. 1,062,669 1,062,669 944,869 117,800 WebMD Health Corp. Class A 94770V102 11,875,495. 408,795 408,795 400,695 8,100 Websense, Inc. COM 947684106 72,339,415. 1,102,063 1,102,063 965,863 136,200 WebSideStory, Inc. COM 947685103 7,511,803. 414,330 414,330 404,430 9,900 Webster Financial Corp. COM 947890109 58,729,399. 1,252,226 1,252,226 1,182,826 69,400 WellCare Health Plans, Inc. COM 94946T106 11,527,870. 282,200 282,200 276,200 6,000 WellPoint, Inc. COM 94973V107 11,593,966. 145,306 145,306 145,306 Wells Fargo & Co. COM 949746101 3,762,889. 59,890 59,890 59,890 Werner Enterprises, Inc. COM 950755108 167,607,245. 8,507,982 8,507,982 8,035,282 472,700 Western Alliance Bancorp. COM 957638109 7,339,358. 245,710 245,710 239,710 6,000 West Pharmaceutical Services, COM 955306105 44,728,835. 1,787,009 1,787,009 1,661,809 125,200 Westwood One, Inc. COM 961815107 209,035,634. 12,824,272 12,824,272 12,153,272 671,000 WH Energy Services Inc. COM 92925E108 6,503,197. 196,590 196,590 193,390 3,200 Whole Foods Market, Inc. COM 966837106 1,563,278. 20,200 20,200 20,200 Williams Cos., Inc. (The) CV PFD 5.5% 06/01/2033 969457845 64,347,188. 571,975 571,975 550,175 21,800 Williams Scotsman Intl., Inc. COM 96950G102 4,315,885. 249,329 249,329 230,129 19,200 Wind River Systems, Inc. COM 973149107 8,027,052. 543,470 543,470 534,870 8,600 Witness Systems, Inc. COM 977424100 8,687,649. 441,670 441,670 433,370 8,300 Woodhead Industries, Inc. COM 979438108 178,119. 12,842 12,842 12,842 Woodward Governor Co. COM 980745103 66,384,496. 771,823 771,823 724,523 47,300 W.W. Grainger, Inc. COM 384802104 312,787,848. 4,399,267 4,399,267 4,198,667 200,600 Wyeth COM 983024100 1,156,923,885. 25,112,305 24,972,196 23,873,172 1,239,133 Wyeth CV 0.71625% 1/15/2024 983024AD2 45,026,261. 43,439,000 43,439,000 41,049,000 2,390,000 Xerox Corp. COM 984121103 700,680. 47,828 47,828 47,828 Xerox Corp. CVPFD 6.25% 7/1/2006 984121509 15,595,229. 127,412 127,412 127,412 XL Capital Ltd. Class A G98255105 656,038,699. 9,736,401 9,721,459 9,306,859 429,542 XL Capital Ltd. Class A CV PFD 6.5% 5/15/2007 G98255402 11,330,848. 507,200 507,200 507,200 X-Rite, Inc. COM 983857103 16,344,520. 1,634,452 1,634,452 1,364,999 269,453 XTO Energy, Inc. COM 98385X106 23,266,845. 529,514 529,514 529,514 Yahoo!, Inc. COM 984332106 3,613,963. 92,240 92,240 92,240 Yahoo!, Inc. CV 0% 4/1/2008 984332AB2 39,233,846. 20,421,000 20,421,000 19,221,000 1,200,000 Youbet.com, Inc. COM 987413101 215,688. 45,600 45,600 45,600 Yum! Brands, Inc. COM 988498101 62,505,104. 1,333,300 1,333,300 1,327,700 5,600 Zimmer Holdings, Inc. COM 98956P102 9,131,848. 135,407 135,407 135,407 Zix Corp. COM 98974P100 166,934. 87,400 87,400 87,400 Zumiez Inc. COM 989817101 15,052,878. 348,285 348,285 341,525 6,760 ---------------------------------------------------------------------------- 78,657,571,044.48 5,267,639,485 5,261,149,704 5,066,764,847 200,874,638