The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACCO BRANDS CORP cs 00081T108 11,307 1,585,828 SH   SOLE   1,398,268 0 187,560
ADTRAN INC cs 00738A106 517 30,000 SH   SOLE   30,000 0 0
ADVANCED ENERGY INDS INC cs 007973100 9,634 341,257 SH   SOLE   307,587 0 33,670
AFLAC INC. cs 001055102 4,355 72,702 SH   SOLE   72,702 0 0
ALCOA INC cs 013817101 6,920 701,086 SH   SOLE   700,906 0 180
ALPHA & OMEGA SEMICONDUCTOR cs G6331P104 459 50,000 SH   SOLE   50,000 0 0
ASSURED GUARANTY LTD cs G0585R106 3,054 115,540 SH   SOLE   66,890 0 48,650
BEBE STORES INC cs 075571109 170 300,085 SH   SOLE   231,675 0 68,410
BLACKBERRY LTD cs 09228F103 3,561 383,710 SH   SOLE   219,855 0 163,855
BROCADE COMMUNICATIONS SYS cs 111621306 3,452 376,056 SH   SOLE   376,056 0 0
CA INC cs 12673P105 6,634 232,266 SH   SOLE   189,186 0 43,080
CALLAWAY GOLF CO cs 131193104 5,222 554,308 SH   SOLE   552,383 0 1,925
CARLSBERG AS SPONSORED ADR cs 142795202 20,340 1,142,059 SH   SOLE   1,142,059 0 0
CARNIVAL CORP cs 143658300 16,525 303,316 SH   SOLE   274,736 0 28,580
CEDAR REALTY TRUST INC cs 150602209 11,117 1,570,253 SH   SOLE   1,343,633 0 226,620
CHEVRON CORPORATION cs 166764100 614 6,825 SH   SOLE   5,725 0 1,100
CHINA AUTOMOTIVE SYSTEMS INC cs 16936R105 4,553 994,137 SH   SOLE   814,287 0 179,850
CHRISTOPHER & BANKS CORP cs 171046105 2,692 1,631,223 SH   SOLE   1,382,028 0 249,195
CLIFFS NATURAL RESOURCES INC cs 18683K101 190 120,000 SH   SOLE   120,000 0 0
CORNING INC cs 219350105 20,622 1,128,091 SH   SOLE   1,127,081 0 1,010
CROCS INC cs 227046109 7,348 717,580 SH   SOLE   656,235 0 61,345
CRYOLIFE INC COM cs 228903100 12,379 1,148,348 SH   SOLE   1,148,348 0 0
CTS CORP cs 126501105 7,800 442,187 SH   SOLE   442,187 0 0
DELTIC TIMBER CORP cs 247850100 8,146 138,371 SH   SOLE   116,226 0 22,145
DEVON ENERGY CORPORATION cs 25179M103 213 6,660 SH   SOLE   6,560 0 100
DIANA SHIPPING INC cs y2066g104 5,571 1,280,631 SH   SOLE   1,153,731 0 126,900
DIME COMMUNITY BANCSHRS cs 253922108 9,777 559,011 SH   SOLE   478,120 0 80,891
ENCORE WIRE CORP cs 292562105 5,586 150,601 SH   SOLE   134,231 0 16,370
ENNIS INC cs 293389102 19,764 1,026,724 SH   SOLE   959,837 0 66,887
EXELON CORPORATION cs 30161N101 12,569 452,613 SH   SOLE   452,383 0 230
FIRSTENERGY CORP cs 337932107 13,925 438,846 SH   SOLE   438,311 0 535
FLIR SYSTEMS INC cs 302445101 22,769 811,155 SH   SOLE   768,970 0 42,185
FREIGHTCAR AMERICA cs 357023100 8,796 452,719 SH   SOLE   389,159 0 63,560
FUEL TECH INC cs 359523107 47 25,000 SH   SOLE   25,000 0 0
GAMESTOP CORP cs 36467W109 325 11,600 SH   SOLE   11,600 0 0
GENERAL MTRS CORP cs 37045V100 3,244 95,380 SH   SOLE   54,980 0 40,400
GLAXOSMITHKLINE cs 37733W105 22,923 568,099 SH   SOLE   547,404 0 20,695
GOLD RESOURCE CORPORATION cs 38068T105 1,366 822,919 SH   SOLE   822,919 0 0
GRAHAM CORP cs 384556106 8,088 480,885 SH   SOLE   410,340 0 70,545
GRANITE CONST INC cs 387328107 15,492 361,041 SH   SOLE   325,818 0 35,223
HALLADOR ENERGY CO cs 40609P105 6,625 1,452,871 SH   SOLE   1,294,191 0 158,680
HALLMARK FINL SVCS INC cs 40624q203 13,497 1,154,605 SH   SOLE   1,018,726 0 135,879
HARTFORD FINANCIAL SVCS GRP cs 416515104 5,815 133,794 SH   SOLE   133,794 0 0
HELMERICH & PAYNE cs 423452101 419 7,825 SH   SOLE   7,825 0 0
HOOKER FURNITURE CORP cs 439038100 11,778 466,625 SH   SOLE   420,154 0 46,471
HUNTINGTON BANCSHARES INC. cs 446150104 7,099 641,870 SH   SOLE   641,870 0 0
INTREPID POTASH cs 46121Y102 1,929 653,845 SH   SOLE   562,450 0 91,395
ITRON INC cs 465741106 530 14,650 SH   SOLE   14,650 0 0
JACOBS ENGINEERING GROUP, INC cs 469814107 524 12,500 SH   SOLE   12,500 0 0
JOY GLOBAL INC cs 481165108 315 25,000 SH   SOLE   25,000 0 0
JPMORGAN CHASE & CO cs 46625h100 3,596 54,455 SH   SOLE   31,635 0 22,820
KMG INC cs 482564101 13,730 596,452 SH   SOLE   536,228 0 60,224
KNOLL INC cs 498904200 9,570 509,043 SH   SOLE   456,550 0 52,493
KONINKLIJKE PHILIPS ADR cs 500472303 7,071 277,845 SH   SOLE   277,845 0 0
LANDAUER INC cs 51476K103 16,244 493,441 SH   SOLE   493,441 0 0
LANDEC CORP cs 514766104 10,128 856,114 SH   SOLE   773,199 0 82,915
LSI INDUSTRIES INC cs 50216C108 5,428 445,267 SH   SOLE   445,267 0 0
MACK CALI REALTY CORP cs 554489104 18,278 782,763 SH   SOLE   782,488 0 275
MATTEL INC COM cs 577081102 14,534 534,910 SH   SOLE   534,910 0 0
MCGRATH RENTCORP cs 580589109 5,786 229,696 SH   SOLE   194,636 0 35,060
MERCURY SYSTEMS INC cs 589378108 13,098 713,423 SH   SOLE   621,698 0 91,725
METHODE ELECTRNCS INC cs 591520200 8,624 270,943 SH   SOLE   242,108 0 28,835
MGP INGREDIENTS INC cs 55303J106 2,263 87,192 SH   SOLE   80,302 0 6,890
MICROSOFT CORP cs 594918104 274 4,945 SH   SOLE   4,770 0 175
MOSAIC CO cs 61945c103 452 16,400 SH   SOLE   16,400 0 0
MYRIAD GENETICS INC cs 62855j104 15,810 366,305 SH   SOLE   327,595 0 38,710
NAVIGANT CONSULTING INC cs 63935N107 8,837 550,254 SH   SOLE   464,594 0 85,660
NEWPARK RESOURCES INC cs 651718504 5,188 982,514 SH   SOLE   903,829 0 78,685
NOKIA CORP ADR cs 654902204 13,726 1,955,258 SH   SOLE   1,955,258 0 0
NUCOR CORP cs 670346105 515 12,785 SH   SOLE   12,785 0 0
OSIRIS THERAPEUTICS INC cs 68827R108 322 31,000 SH   SOLE   31,000 0 0
PC-TEL INC cs 69325Q105 7,589 1,668,013 SH   SOLE   1,668,013 0 0
PEABODY ENERGY CORP cs 704549203 88 11,432 SH   SOLE   5,321 0 6,111
PITNEY BOWES INC cs 724479100 25,636 1,241,470 SH   SOLE   1,163,560 0 77,910
PLEXUS CORP cs 729132100 7,244 207,455 SH   SOLE   187,810 0 19,645
PPL CORP cs 69351T106 591 17,320 SH   SOLE   17,135 0 185
QUEST DIAGNOSTICS INC cs 74834L100 13,683 192,344 SH   SOLE   192,344 0 0
RPX CORP cs 74972G103 6,189 562,681 SH   SOLE   475,936 0 86,745
RUDOLPH TECHNOLOGIES INC cs 781270103 14,543 1,022,749 SH   SOLE   890,510 0 132,239
SCANSOURCE INC cs 806037107 7,455 231,370 SH   SOLE   197,425 0 33,945
SCRIPPS NETWORK INTER - CL A cs 811065101 16,402 297,077 SH   SOLE   297,077 0 0
SONY CORP ADR cs 835699307 18,856 766,210 SH   SOLE   766,210 0 0
SPARTAN MOTORS INC cs 846819100 7,931 2,550,244 SH   SOLE   2,258,509 0 291,735
STILLWATER MINING CO cs 86074Q102 8,708 1,016,135 SH   SOLE   903,015 0 113,120
SUNCOR ENERGY INC cs 867224107 401 15,550 SH   SOLE   15,550 0 0
SUPERIOR INDUSTRIES cs 868168105 13,408 727,897 SH   SOLE   727,897 0 0
SYMANTEC CORP cs 871503108 4,996 237,889 SH   SOLE   237,889 0 0
SYNAPTICS INC cs 87157d109 8,571 106,679 SH   SOLE   93,874 0 12,805
THOR INDUSTRIES INC cs 885160101 352 6,270 SH   SOLE   6,270 0 0
UNISYS CORP cs 909214306 5,144 465,510 SH   SOLE   419,245 0 46,265
UNUM GROUP cs 91529y106 3,348 100,565 SH   SOLE   61,590 0 38,975
VONAGE HOLDINGS CORP cs 92886t201 13,492 2,350,597 SH   SOLE   2,065,972 0 284,625
WARREN RESOURCES INC cs 93564A100 133 634,127 SH   SOLE   543,492 0 90,635
WELLS FARGO & CO cs 949746101 482 8,865 SH   SOLE   8,865 0 0
WESTMORELAND COAL CO cs 960878106 382 65,000 SH   SOLE   65,000 0 0
WINNEBAGO INDUSTRIES cs 974637100 5,269 264,765 SH   SOLE   239,270 0 25,495
CHESAPEAKE ENERGY CORP 2.5 05- cv 165167CA3 2,903 6,177,000 PRN   SOLE   6,177,000 0 0
CIENA CORP 0.875 06-15-17 cv 171779AE1 51,927 52,953,000 PRN   SOLE   52,953,000 0 0
NUANCE COMMUNICATIONS 2.75 11- cv 67020YAF7 47,550 47,225,000 PRN   SOLE   47,225,000 0 0
SPIRIT REALTY CAPITAL 2.875 05 cv 84860WAA0 12,485 13,065,000 PRN   SOLE   13,065,000 0 0
SPIRIT REALTY CAPITAL 3.75 05- cv 84860WAB8 10,461 11,055,000 PRN   SOLE   11,055,000 0 0
TIVO INC 2.0 10-01-21 cv 888706AF5 26,886 31,082,000 PRN   SOLE   31,082,000 0 0
ALCOA INC 5.375 10-01-17 cp 013817309 7,139 214,315 SH   SOLE   214,315 0 0
ALEXANDRIA REAL ESTATE PFD cp 015271505 10,697 389,107 SH   SOLE   389,107 0 0
CHESAPEAKE ENERGY PFD CONV 5.0 cp 165167826 5,280 301,690 SH   SOLE   301,690 0 0
CLIFFS NATURAL CONV PFD 7.0% cp 18683K408 81 56,000 SH   SOLE   56,000 0 0
EXELON CORP PFD CONV 6.50% cp 30161N127 11,029 272,527 SH   SOLE   272,527 0 0
FELCOR LODGING TRUST INC SERIE cp 31430F200 31,152 1,238,661 SH   SOLE   1,223,066 0 15,595
NY COMMUNITY CAP TRUST PFD cp 64944P307 19,123 385,940 SH   SOLE   385,940 0 0