13F-HR 1 v139825_13fhr.txt 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 31, 2008 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: Heartland Advisors, Inc. Address: 789 N. Water St. Suite 500 Milwaukee, WI 53202 Form 13F File Number: 28-3516 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: Paul T. Beste Title: Chief Operating Officer Phone: 414-347-7777 Signature, Place and Date of Signing: /s/ Paul T. Beste Milwaukee, Wisconsin February 13, 2009 ------------------ -------------------- ----------------- [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: 258 --- Form 13F Information Table Value Total: $2,089,396 (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. NONE FORM 13F INFORMATION TABLE

VALUE SHARES SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X $1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ABB LTD SPONSORED ADR 000375204 13200 879420 SH SOLE 797680 0 81740 ABERCROMBIE & FITCH CO CL A 002896207 6990 303000 SH SOLE 303000 0 0 ACCURAY INC COM 004397105 21110 4091177 SH SOLE 3966177 0 125000 ACETO CORP COM 004446100 3003 300000 SH SOLE 300000 0 0 ACTEL CORP COM 004934105 13019 1110850 SH SOLE 1110850 0 0 ACTIONS SEMICONDUCTOR CO LTD ADR 00507E107 1610 1000000 SH SOLE 1000000 0 0 ACTUATE CORP COM 00508B102 493 166472 SH SOLE 166472 0 0 ADTRAN INC COM 00738A106 8657 581755 SH SOLE 532755 0 49000 AGRIA CORP SPONSORED ADR 00850H103 5717 3837200 SH SOLE 3637200 0 200000 AGRIUM INC COM 008916108 2366 69223 SH SOLE 63223 0 6000 ALBANY INTL CORP CL A 012348108 5535 432045 SH SOLE 395815 0 36230 ALCOA INC COM 013817101 9094 807653 SH SOLE 732303 0 75350 AMERICA SVC GROUP INC COM 02364L109 9470 885000 SH SOLE 885000 0 0 AMERICAN VANGUARD CORP COM 030371108 25282 2160825 SH SOLE 2160825 0 0 AMERON INTL INC COM 030710107 18876 300000 SH SOLE 300000 0 0 ANADARKO PETE CORP COM 032511107 8740 226729 SH SOLE 207599 0 19130 ANALOGIC CORP COM PAR $0.05 032657207 31528 1155725 SH SOLE 1155725 0 0 ANALYSTS INTL CORP COM 032681108 1395 2365000 SH SOLE 2365000 0 0 ANIMAL HEALTH INTL INC COM 03525N109 4031 1892525 SH SOLE 1892525 0 0 APPLIANCE RECYCLING CTRS AME COM NEW 03814F205 541 190400 SH SOLE 190400 0 0 APPLIED SIGNAL TECHNOLOGY IN COM 038237103 13847 771872 SH SOLE 771872 0 0 ASHFORD HOSPITALITY TR INC COM SHS 044103109 401 349100 SH SOLE 295100 0 54000 ASSET ACCEP CAP CORP COM 04543P100 13339 2610325 SH SOLE 2553825 0 56500 AT&T INC COM 00206R102 8656 303720 SH SOLE 278410 0 25310 AVANEX CORP COM NEW 05348W307 710 676440 SH SOLE 676440 0 0 AVNET INC COM 053807103 9333 512515 SH SOLE 479705 0 32810 AVX CORP NEW COM 002444107 8043 1013000 SH SOLE 1013000 0 0 BANK OF NEW YORK MELLON CORP COM 064058100 9190 324395 SH SOLE 298135 0 26260 BARRETT BUSINESS SERVICES IN COM 068463108 5280 484400 SH SOLE 484400 0 0 BASIN WTR INC COM 07011T306 666 1280300 SH SOLE 1280300 0 0 BENCHMARK ELECTRS INC COM 08160H101 9380 734525 SH SOLE 670785 0 63740 BGC PARTNERS INC CL A 05541T101 9425 3415000 SH SOLE 3415000 0 0 BIOSCRIP INC COM 09069N108 16189 7292522 SH SOLE 6997722 0 294800 BLOCK H & R INC COM 093671105 14562 640920 SH SOLE 591190 0 49730 BOFI HLDG INC COM 05566U108 1900 400000 SH SOLE 400000 0 0 BRIGGS & STRATTON CORP COM 109043109 9610 546325 SH SOLE 546325 0 0 BRISTOW GROUP INC COM 110394103 12745 475750 SH SOLE 475750 0 0 BROWN & BROWN INC COM 115236101 30645 1466280 SH SOLE 1454280 0 12000 BROWN SHOE INC NEW COM 115736100 3388 400000 SH SOLE 400000 0 0 C D I CORP COM 125071100 7010 541750 SH SOLE 541750 0 0 C&D TECHNOLOGIES INC COM 124661109 1565 500000 SH SOLE 500000 0 0 CABOT CORP COM 127055101 4590 300000 SH SOLE 300000 0 0 CAL DIVE INTL INC DEL COM 12802T101 2576 395700 SH SOLE 372600 0 23100 CALLWAVE INC DEL COM 13126N101 510 1000000 SH SOLE 1000000 0 0 CAMBREX CORP COM 132011107 4620 1000000 SH SOLE 1000000 0 0 CANTEL MEDICAL CORP COM 138098108 7335 500000 SH SOLE 500000 0 0 CARACO PHARMACEUTICAL LABS L COM 14075T107 2960 500000 SH SOLE 500000 0 0 CATAPULT COMMUNICATIONS CORP COM 149016107 2628 400000 SH SOLE 400000 0 0 CHEMED CORP NEW COM 16359R103 20952 526825 SH SOLE 526825 0 0 CHEMTURA CORP COM 163893100 17718 12655394 SH SOLE 12420394 0 235000 CHINA-BIOTICS INC COM 16937B109 1758 185102 SH SOLE 185102 0 0 CIMAREX ENERGY CO COM 171798101 20714 773485 SH SOLE 772895 0 590 COGO GROUP INC COM 192448108 4860 1000000 SH SOLE 1000000 0 0 COHU INC COM 192576106 7689 632800 SH SOLE 632800 0 0 COLUMBIA SPORTWEAR CO COM 198516106 7599 214850 SH SOLE 214850 0 0 COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 8603 355350 SH SOLE 351850 0 3500 COMPUTER TASK GROUP INC COM 205477102 6445 2001660 SH SOLE 1940306 0 61354 COMSTOCK RES INC COM NEW 205768203 19013 402400 SH SOLE 402400 0 0 CONMED CORP COM 207410101 13731 573575 SH SOLE 573575 0 0 CONOCOPHILLIPS COM 20825C104 6522 125914 SH SOLE 117459 0 8455 COOPER COS INC COM NEW 216648402 12614 769175 SH SOLE 769175 0 0 COPA HOLDINGS SA CL A P31076105 12128 400000 SH SOLE 400000 0 0 COVIDIEN LTD COM G2552X108 11838 326652 SH SOLE 299292 0 27360 COWEN GROUP INC COM 223621103 3892 623697 SH SOLE 623697 0 0 CTS CORP COM 126501105 3813 692075 SH SOLE 692075 0 0 DATASCOPE CORP COM 238113104 13191 252500 SH SOLE 252500 0 0 DIGI INTL INC COM 253798102 714 88000 SH SOLE 88000 0 0 DIGIRAD CORP COM 253827109 1044 1800000 SH SOLE 1800000 0 0 DISCOVERY LABORATORIES INC N COM 254668106 8909 7954900 SH SOLE 7894000 0 60900 DOW CHEM CO COM 260543103 6389 423400 SH SOLE 386750 0 36650 DUCKWALL-ALCO STORES INC NEW COM 264142100 3644 380400 SH SOLE 380400 0 0 DYNAMICS RESH CORP COM 268057106 10073 1259158 SH SOLE 1202364 0 56794 EASTERN VA BANKSHARES INC COM 277196101 1603 182000 SH SOLE 182000 0 0 EFJ INC COM 26843B101 3102 2314675 SH SOLE 2314675 0 0 EMAK WORLDWIDE INC COM 26861V104 175 877139 SH SOLE 877139 0 0 EMS TECHNOLOGIES INC COM 26873N108 8327 321890 SH SOLE 321890 0 0 ENCORE CAP GROUP INC COM 292554102 17845 2478450 SH SOLE 2380150 0 98300 ENDOCARE INC COM NEW 29264P203 160 395209 SH SOLE 391876 0 3333 ENSIGN GROUP INC COM 29358P101 11892 710400 SH SOLE 710400 0 0 EPIQ SYS INC COM 26882D109 4637 277500 SH SOLE 277500 0 0 EPLUS INC COM 294268107 3449 327882 SH SOLE 327882 0 0 EXPEDIA INC DEL COM 30212P105 6180 750000 SH SOLE 750000 0 0 EXPRESS 1 EXPEDITED SOLUTION COM 30217Q108 230 200000 SH SOLE 200000 0 0 EXTREME NETWORKS INC COM 30226D106 13468 5755700 SH SOLE 5530800 0 224900 FEDERAL SIGNAL CORP COM 313855108 30287 3689050 SH SOLE 3654350 0 34700 FIRSTCITY FINL CORP COM 33761X107 2236 1129105 SH SOLE 1062100 0 67005 FLANDERS CORP COM 338494107 12061 2571537 SH SOLE 2478637 0 92900 FLEXSTEEL INDS INC COM 339382103 669 100000 SH SOLE 100000 0 0 FORCE PROTECTION INC COM NEW 345203202 41330 6911400 SH SOLE 6821100 0 90300 FOREST LABS INC COM 345838106 678 26600 SH SOLE 21600 0 5000 FRANKLIN RES INC COM 354613101 7748 121480 SH SOLE 112505 0 8975 FREDS INC CL A 356108100 9684 900000 SH SOLE 900000 0 0 FREIGHTCAR AMER INC COM 357023100 14315 783550 SH SOLE 783550 0 0 FRONTIER OIL CORP COM 35914P105 24780 1961995 SH SOLE 1916795 0 45200 FUELCELL ENERGY INC COM 35952H106 13205 3403400 SH SOLE 3377500 0 25900 GALLAGHER ARTHUR J & CO COM 363576109 21640 835200 SH SOLE 835200 0 0 GLATFELTER COM 377316104 6981 750635 SH SOLE 718005 0 32630 GLOBAL INDS LTD COM 379336100 58 16650 SH SOLE 16650 0 0 GLOBECOMM SYSTEMS INC COM 37956X103 1373 250000 SH SOLE 250000 0 0 GOODRICH CORP COM 382388106 9722 262625 SH SOLE 240155 0 22470 HAMPSHIRE GROUP LTD COM 408859106 1804 450920 SH SOLE 450920 0 0 HAWTHORN BANKSHARES INC COM 420476103 2004 116240 SH SOLE 116240 0 0 HEALTH GRADES INC COM 42218Q102 2060 1000000 SH SOLE 1000000 0 0 HERLEY INDS INC DEL COM 427398102 4086 332719 SH SOLE 332719 0 0 HF FINL CORP COM 404172108 1847 144057 SH SOLE 144057 0 0 HI/FN INC COM 428358105 3168 1342526 SH SOLE 1342526 0 0 HILL ROM HLDGS INC COM 431475102 15552 944857 SH SOLE 944857 0 0 HLS SYSTEMS INTERNATIONAL LT USD COM G4604M106 9692 3449000 SH SOLE 3449000 0 0 HOME DIAGNOSTICS INC DEL COM 437080104 994 200000 SH SOLE 200000 0 0 HOOPER HOLMES INC COM 439104100 3220 12878807 SH SOLE 12359300 0 519507 HORMEL FOODS CORP COM 440452100 9433 303520 SH SOLE 277570 0 25950 HORSEHEAD HLDG CORP COM 440694305 1880 400000 SH SOLE 400000 0 0 HOSPIRA INC COM 441060100 8404 313365 SH SOLE 287715 0 25650 HUDSON HIGHLAND GROUP INC COM 443792106 3350 1000000 SH SOLE 1000000 0 0 HUMANA INC COM 444859102 10571 283570 SH SOLE 260520 0 23050 IAMGOLD CORP COM 450913108 29496 4804695 SH SOLE 4542315 0 262380 IMAGE SENSING SYS INC COM 45244C104 662 103905 SH SOLE 103905 0 0 IMS HEALTH INC COM 449934108 20299 1339000 SH SOLE 1339000 0 0 INTEGRYS ENERGY GROUP INC COM 45822P105 11506 267715 SH SOLE 245640 0 22075 INTEL CORP COM 458140100 7706 525630 SH SOLE 480010 0 45620 INTERDIGITAL INC COM 45867G101 54592 1985175 SH SOLE 1967975 0 17200 INTERSECTIONS INC COM 460981301 12163 2339093 SH SOLE 2258614 0 80479 INVACARE CORP COM 461203101 14883 958975 SH SOLE 958975 0 0 INVENTURE GROUP INC COM 461214108 5447 3341500 SH SOLE 3291200 0 50300 ISHARES INC MSCI BRAZIL 464286400 349 10000 SH SOLE 10000 0 0 ISHARES TR MSCI EMERG MKT 464287234 250 10000 SH SOLE 10000 0 0 ISOLAGEN INC COM 46488N103 313 1648913 SH SOLE 1648913 0 0 JA SOLAR HOLDINGS CO LTD SPON ADR 466090107 6754 1545600 SH SOLE 1516800 0 28800 JOHNSON & JOHNSON COM 478160104 9937 166085 SH SOLE 153355 0 12730 JOHNSON CTLS INC COM 478366107 8334 458910 SH SOLE 417290 0 41620 KAISER ALUMINUM CORP COM PAR $0.01 483007704 8215 364775 SH SOLE 364775 0 0 KBR INC COM 48242W106 26539 1746000 SH SOLE 1718500 0 27500 KHD HUMBOLT WEDAG INTL LTD COM 482462108 4625 414050 SH SOLE 372000 0 42050 KOHLS CORP COM 500255104 10048 277565 SH SOLE 258390 0 19175 KOPIN CORP COM 500600101 1133 555411 SH SOLE 555411 0 0 LACROSSE FOOTWARE INC COM 505688101 1717 137590 SH SOLE 137590 0 0 LADISH INC COM NEW 505754200 3629 262015 SH SOLE 225615 0 36400 LAKELAND INDS INC COM 511795106 4045 500000 SH SOLE 500000 0 0 LANCASTER COLONY CORP COM 513847103 18076 527010 SH SOLE 527010 0 0 LANTRONIX INC COM 516548104 3724 6650600 SH SOLE 6650600 0 0 LECG CORP COM 523234102 21790 3247450 SH SOLE 3204050 0 43400 LINCOLN EDL SVCS CORP COM 533535100 1542 116400 SH SOLE 116400 0 0 LSI CORPORATION COM 502161102 5377 1634460 SH SOLE 1504930 0 129530 MAGNETEK INC COM 559424106 7527 3136200 SH SOLE 3136200 0 0 MARSHALL & ILSLEY CORP COM 571837103 13168 965426 SH SOLE 965426 0 0 MARTEN TRANS LTD COM 573075108 5688 300000 SH SOLE 300000 0 0 MASTEC INC COM 576323109 532 45900 SH SOLE 45900 0 0 MAXIMUS INC COM 577933104 27984 797050 SH SOLE 797050 0 0 MDU RES GROUP INC COM 552690109 10949 507345 SH SOLE 462355 0 44990 MEADOWBROOK INS GROUP INC COM 58319P108 2576 400000 SH SOLE 400000 0 0 MEDICAL STAFFING NTWK HLDGS COM 58463F104 398 1708600 SH SOLE 1600900 0 107700 MEDTOX SCIENTIFIC INC COM NEW 584977201 1644 200000 SH SOLE 200000 0 0 MEMC ELECTR MATLS INC COM 552715104 8714 610225 SH SOLE 547325 0 62900 MET PRO CORP COM 590876306 4886 366781 SH SOLE 366781 0 0 MFRI INC COM 552721102 1299 300000 SH SOLE 300000 0 0 MICREL INC COM 594793101 26582 3636375 SH SOLE 3636375 0 0 MIDWAY GOLD CORP COM 598153104 1434 3000000 SH SOLE 3000000 0 0 MOCON INC COM 607494101 1764 200000 SH SOLE 200000 0 0 MONTEREY GOURMET FOODS INC COM 612570101 1087 1025400 SH SOLE 1025400 0 0 MUELLER WTR PRODS INC COM SER B 624758207 9284 1100000 SH SOLE 1100000 0 0 MWA WTR PRODS INC COM SER A 624758108 1260 150000 SH SOLE 150000 0 0 NAPCO SEC SYS INC COM 630402105 749 580905 SH SOLE 580905 0 0 NATIONAL DENTEX CORP COM 63563H109 2387 524682 SH SOLE 524682 0 0 NAVIGANT CONSULTING INC COM 63935N107 37169 2342100 SH SOLE 2341800 0 300 NEWPARK RES INC COM PAR $.01NEW 651718504 21342 5768225 SH SOLE 5676525 0 91700 NOVEN PHARMACEUTICALS INC COM 670009109 2750 250000 SH SOLE 250000 0 0 O I CORP COM 670841105 2454 245900 SH SOLE 245900 0 0 OBAGI MEDICAL PRODUCTS INC COM 67423R108 2611 350000 SH SOLE 350000 0 0 OIL DRI CORP AMER COM 677864100 13484 719125 SH SOLE 696750 0 22375 OLIN CORP COM PAR $1 680665205 10246 566700 SH SOLE 566700 0 0 OMNICELL INC COM 68213N109 7044 576880 SH SOLE 576880 0 0 OMNOVA SOLUTIONS INC COM 682129101 2480 3815993 SH SOLE 3683693 0 132300 ORIGIN ARGITECH LIMITED SHS G67828106 7798 3822337 SH SOLE 3627637 0 194700 OSTEOTECH INC COM 688582105 4422 2616767 SH SOLE 2472757 0 144010 PACIFIC PREMIER BANCORP COM 69478X105 907 233267 SH SOLE 233267 0 0 PACKAGING CORP AMER COM 695156109 12795 950575 SH SOLE 950575 0 0 PALL CORP COM 696429307 20217 711100 SH SOLE 711100 0 0 PALOMAR MED TECHNOLOGIES INC COM NEW 697529303 1153 100000 SH SOLE 100000 0 0 PARK ELECTROCHEMICAL CORP COM 700416209 14089 743100 SH SOLE 743100 0 0 PATRICK INDS INC COM 703343103 214 351876 SH SOLE 331876 0 20000 PDI INC COM 69329V100 7998 1994546 SH SOLE 1896346 0 98200 PENTAIR INC COM 709631105 1187 50135 SH SOLE 49785 0 350 PERMA-FIX ENVIRONMENTAL SVCS COM 714157104 4808 3846758 SH SOLE 3646935 0 199823 PHOENIX FOOTWEAR GROUP INC COM 71903M100 239 796000 SH SOLE 796000 0 0 PLEXUS CORP COM 729132100 4350 256650 SH SOLE 231950 0 24700 POLYMET MINING CORP COM 731916102 2413 3504000 SH SOLE 3504000 0 0 PORTEC RAIL PRODS INC COM 736212101 5842 808001 SH SOLE 768501 0 39500 PPG INDS INC COM 693506107 7876 185625 SH SOLE 169940 0 15685 PRESIDENTIAL LIFE CORP COM 740884101 9890 1000000 SH SOLE 1000000 0 0 PROSHARES TR PSHS ULTSH 20YRS 74347R297 377 10000 SH SOLE 10000 0 0 QUEST ENERGY PARTNERS L P COM UNIT LP IN 74836B209 115 52650 SH SOLE 37650 0 15000 QUESTCOR PHARMACEUTICALS COM 74835Y101 1729 185700 SH SOLE 185700 0 0 QUIXOTE CORP COM 749056107 8281 1274050 SH SOLE 1274050 0 0 RAYMOND JAMES FINANCIAL INC COM 754730109 8417 491365 SH SOLE 449565 0 41800 RCM TECHNOLOGIES INC COM NEW 749360400 1080 1000000 SH SOLE 1000000 0 0 REGIS CORP MINN COM 758932107 5812 400000 SH SOLE 400000 0 0 RICHARDSON ELECTRS LTD COM 763165107 4130 1400000 SH SOLE 1400000 0 0 ROSETTA RESOURCES INC COM 777779307 8850 1250000 SH SOLE 1250000 0 0 SAFEWAY INC COM 786514208 9844 414120 SH SOLE 376720 0 37400 SAGA COMMUNICATIONS CL A 786598300 632 383000 SH SOLE 383000 0 0 SANGAMO BIOSCIENCES INC COM 800677106 5365 1541716 SH SOLE 1541716 0 0 SEAGATE TECHNOLOGY SHS G7945J104 3144 709710 SH SOLE 644680 0 65030 SENSIENT TECHNOLOGIES CORP COM 81725T100 21201 887800 SH SOLE 887800 0 0 SHOE CARNIVAL INC COM 824889109 2865 300000 SH SOLE 300000 0 0 SKYWORKS SOLUTIONS INC COM 83088M102 12904 2329180 SH SOLE 2325280 0 3900 SMITHFIELD FOODS INC COM 832248108 11694 831133 SH SOLE 771670 0 59463 SOUTHERN CMNTY FINL CORP COM 842632101 1059 300000 SH SOLE 300000 0 0 SOUTHERN UN CO NEW COM 844030106 9104 698131 SH SOLE 640731 0 57400 SPAR GROUP INC COM 784933103 749 1228000 SH SOLE 1228000 0 0 SPARTECH CORP COM NEW 847220209 7212 1152000 SH SOLE 1152000 0 0 SPECIALTY UNDERWRITERS ALLIA COM 84751T309 5066 1926300 SH SOLE 1848800 0 77500 SPHERION CORP COM 848420105 22 10000 SH SOLE 10000 0 0 SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 8136 800000 SH SOLE 800000 0 0 SRI/SURGICAL EXPRESS INC COM 78464W104 1374 803600 SH SOLE 803600 0 0 ST MARY LD & EXPL CO COM 792228108 23450 1154600 SH SOLE 1132175 0 22425 STAAR SURGICAL CO COM PAR $0.01 852312305 7987 3356050 SH SOLE 3209250 0 146800 STARTEK INC COM 85569C107 3338 750000 SH SOLE 750000 0 0 STELLARONE CORP COM 85856G100 2953 174760 SH SOLE 174760 0 0 STERIS CORP COM 859152100 20067 839970 SH SOLE 839970 0 0 STONE ENERGY CORP COM 861642106 2671 242400 SH SOLE 242400 0 0 STRYKER CORP COM 863667101 8155 204135 SH SOLE 186645 0 17490 SUPERIOR INDS INTL INC COM 868168105 5854 556500 SH SOLE 556500 0 0 SUPREME INDS INC CL A 868607102 471 553831 SH SOLE 553831 0 0 SWIFT ENERGY CO COM 870738101 20645 1228150 SH SOLE 1200350 0 27800 SYNERGX SYSTEMS INC COM 87160C106 235 490000 SH SOLE 490000 0 0 TAMALPAIS BANCORP COM 87485H103 2265 267417 SH SOLE 267417 0 0 TECHTEAM GLOBAL INC COM 878311109 6724 1149400 SH SOLE 1133400 0 16000 TELEFLEX INC COM 879369106 16849 336300 SH SOLE 336300 0 0 TIER TECHNOLOGIES INC CL B 88650Q100 9388 1738574 SH SOLE 1656324 0 82250 TIMKEN CO COM 887389104 9227 470025 SH SOLE 429450 0 40575 TITAN MACHY INC COM 88830R101 1406 100000 SH SOLE 100000 0 0 TONGXIN INTERNATIONAL LTD COM G8918T103 1991 1314000 SH SOLE 1314000 0 0 TRC COS INC COM 872625108 5134 2646200 SH SOLE 2545300 0 100900 TRINITY BIOTECH PLC SPON ADR NEW 896438306 1665 1021650 SH SOLE 1019650 0 2000 TRIQUINT SEMICONDUCTOR INC COM 89674K103 15433 4486400 SH SOLE 4310700 0 175700 TRIUMPH GROUP INC NEW COM 896818101 22784 536600 SH SOLE 536600 0 0 TXCO RES INC COM 87311M102 4934 3311400 SH SOLE 3214950 0 96450 TYCO ELECTRONICS LTD COM NEW G9144P105 6776 418000 SH SOLE 385000 0 33000 UGI CORP NEW COM 902681105 10699 438130 SH SOLE 402910 0 35220 ULTRAPETROL BAHAMAS LTD COM P94398107 4575 1434265 SH SOLE 1316705 0 117560 UNION PAC CORP COM 907818108 843 17630 SH SOLE 17360 0 270 UNIT CORP COM 909218109 21349 798975 SH SOLE 798975 0 0 UNIVERSAL HLTH SVCS INC CL B 913903100 7514 200000 SH SOLE 200000 0 0 UNUM GROUP COM 91529Y106 10281 552720 SH SOLE 507790 0 44930 UQM TECHNOLOGIES INC COM 903213106 3626 2901100 SH SOLE 2874500 0 26600 UROPLASTY INC COM NEW 917277204 1121 1179683 SH SOLE 1179683 0 0 URS CORP NEW COM 903236107 4077 100000 SH SOLE 100000 0 0 VIRTUAL RADIOLOGIC CORPORATI COM 92826B104 5682 670100 SH SOLE 670100 0 0 WALGREEN CO COM 931422109 10971 444695 SH SOLE 406845 0 37850 WEIS MKTS INC COM 948849104 9020 268200 SH SOLE 268200 0 0 WERNER ENTERPRISES INC COM 950755108 26467 1526355 SH SOLE 1471155 0 55200 WESTELL TECHNOLOGIES INC CL A 957541105 371 1401000 SH SOLE 1401000 0 0 WHIRLPOOL CORP COM 963320106 655 15850 SH SOLE 15850 0 0 WILLIAMS CLAYTON ENERGY INC COM 969490101 18178 400050 SH SOLE 400050 0 0 WIRELESS RONIN TECHNOLOGIES COM 97652A203 1481 1805800 SH SOLE 1805800 0 0 WONDER AUTO TECHNOLOGY INC COM 978166106 632 161238 SH SOLE 161238 0 0 WYETH COM 983024100 11577 308641 SH SOLE 284616 0 24025 ZAREBA SYSTEMS INC COM 989131107 351 237000 SH SOLE 237000 0 0 2089396 258