Kennedy Capital Management

Kennedy Capital Management as of Dec. 31, 2011

Portfolio Holdings for Kennedy Capital Management

Kennedy Capital Management holds 0 positions in its portfolio as reported in the December 2011 quarterly 13F filing

                {S} {C}
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, 2011

Check here if Amendment [   ]; Amendment Number:
This Admendment  (Check only one.):  [    ]  is a restatement.
				     [    ]  adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:     Kennedy Capital Management, Inc.
Address:  10829 Olive Blvd.
          St. Louis, MO  63141

13F File Number:  28-3133

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:  Stephen A. Mace
Title:  Chief Operating Officer
Phone:  314-432-0400
Signature, Place, and Date of Signing:



Stephen A. Mace,       St. Louis, MO      February 14, 2012

Report Type (Check only one.):

[ X ]          13F HOLDINGS REPORT.

[   ]          13F NOTICE.

[   ]          13F COMBINATION REPORT.


List of Other Managers Reporting for this Manager:

	None.


I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:         0

Form 13F Information Table Entry Total:    726

Form 13F Information Table Value Total:    $3,489,836,000



List of Other Included Managers:

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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
{S}                            {C}              {C}       {C}      {C}      {C} {C}  {C}     {C}          {C}      {C}      {C}
AAON INC                       COM              000360206     6590   321629 SH       SOLE                   316796              4833
AARON'S INC                    COM              002535300    12671   474924 SH       SOLE                   449874             25050
ACCESS PHARMACEUTICALS INC     COM              00431M308      918   637417 SH       SOLE                   520879            116538
ACCESS PLANS INC               COM              00434J104      281   105511 SH       SOLE                   104987               524
ACCURIDE CORP                  COM              00439T206      876   122976 SH       SOLE                   121163              1813
ACTUANT CORP (CL A)            CLA              00508X203    10969   483420 SH       SOLE                   475521              7899
ACTUATE CORP                   COM              00508B102     3207   547224 SH       SOLE                   476070             71154
ADDUS HOMECARE CORP            COM              006739106     1203   336897 SH       SOLE                   271540             65357
ADTRAN INC                     COM              00738A106    11626   385482 SH       SOLE                   374997             10485
ADVANCE AUTO PARTS INC         COM              00751Y106     2815    40425 SH       SOLE                    34794              5631
AEP INDS INC                   COM              001031103     6799   241522 SH       SOLE                   237888              3634
AEROPOSTALE INC                COM              007865108     7628   500180 SH       SOLE                   451804             48376
AGCO CORP                      COM              001084102     6824   158798 SH       SOLE                   120447             38351
AIR TRANSPORT SVCS GRP INC     COM              00922R105    10101  2140033 SH       SOLE                  1915801            224232
ALAMO GRP INC                  COM              011311107     6765   251193 SH       SOLE                   203218             47975
ALLETE INC                     COM              018522300    20572   490041 SH       SOLE                   449254             40787
ALLIANT TECHSYSTEMS INC        COM              018804104      809    14150 SH       SOLE                    14150
ALLIED WORLD ASSURANCE CO      COM              H01531104     4348    69097 SH       SOLE                    48409             20688
ALON USA ENERGY INC            COM              020520102      581    66700 SH       SOLE                    53850             12850
ALPHA PRO TECH LTD             COM              020772109      498   414959 SH       SOLE                   332859             82100
ALPHATEC HLDGS INC             COM              02081G102     1964  1141669 SH       SOLE                   950034            191635
AMAG PHARMACEUTICALS INC       COM              00163U106     9022   477097 SH       SOLE                   384635             92462
AMERICAN AXLE & MANUFACTURING  COM              024061103     8121   821118 SH       SOLE                   673268            147850
AMERICAN DENTAL PARTNERS       COM              025353103     3971   210870 SH       SOLE                   197376             13494
AMERICAN EQTY INVESTMENT LIFE  COM              025676206     9213   885911 SH       SOLE                   816013             69898
AMERICAN SAFETY INS HLDGS      COM              G02995101    10164   467333 SH       SOLE                   460493              6840
AMERICAN VANGUARD CORP         COM              030371108      190    14260 SH       SOLE                      170             14090
AMERICAS CAR MART INC          COM              03062T105     6801   173578 SH       SOLE                   170985              2593
AMERIPRISE FINL INC            COM              03076C106     3811    76771 SH       SOLE                    56021             20750
AMERIS BANCORP                 COM              03076K108     2373   230799 SH       SOLE                   202999             27800
AMERISTAR CASINOS INC          COM              03070Q101      519    30000 SH       SOLE                    27350              2650
AMPHENOL CORP (CL A)           CLA              032095101     3119    68722 SH       SOLE                    48920             19802
AMTRUST FINL SVCS INC          COM              032359309     3179   133850 SH       SOLE                   133850
ANADIGICS INC                  COM              032515108      556   254038 SH       SOLE                   204763             49275
ANALOGIC CORP                  COM              032657207     8087   141093 SH       SOLE                   133668              7425
ANAREN INC                     COM              032744104    10272   618026 SH       SOLE                   561541             56485
ANCESTRY.COM                   COM              032803108     4684   203987 SH       SOLE                   203987
ANDERSONS INC                  COM              034164103     7033   161076 SH       SOLE                   129876             31200
ANGIODYNAMICS INC              COM              03475V101    11213   757114 SH       SOLE                   687713             69401
ANWORTH MORTGAGE ASSET CORP    COM              037347101     3342   532165 SH       SOLE                   428590            103575
APOGEE ENTERPRISES INC         COM              037598109     6156   502122 SH       SOLE                   494632              7490
ARGO GRP INTL HLDGS LTD        COM              G0464B107     5023   173430 SH       SOLE                   169279              4151
ARRIS GRP INC                  COM              04269Q100    10789   997126 SH       SOLE                   926432             70694
ARTHROCARE CORP                COM              043136100     2227    70300 SH       SOLE                    56700             13600
ASBURY AUTOMOTIVE GRP INC      COM              043436104     6868   318575 SH       SOLE                   256950             61625
ASHFORD HOSPITALITY TRUST      COM              044103109     4351   543900 SH       SOLE                   438885            105015
ASPEN INSURANCE HLDGS LTD      COM              G05384105     2529    95437 SH       SOLE                    95437
ASSISTED LIVING CONCEPTS INC   CLA              04544X300     1618   108683 SH       SOLE                    87683             21000
ASSOCIATED ESTATES REALTY CORP COM              045604105     4143   259722 SH       SOLE                   239070             20652
ASTEC INDUSTRIES INC           COM              046224101    20296   630111 SH       SOLE                   597951             32160
ASTEX PHARMACEUTICALS INC      COM              04624B103     1400   741000 SH       SOLE                   597500            143500
ASTRONICS CORP                 COM              046433108     1201    33532 SH       SOLE                    33370               162
ATS CORP                       COM              00211E104      959   307380 SH       SOLE                   305893              1487
ATWOOD OCEANICS INC            COM              050095108     3360    84434 SH       SOLE                    60379             24055
AVISTA CORP                    COM              05379B107    17803   691396 SH       SOLE                   643882             47514
AZZ INC                        COM              002474104     3134    68963 SH       SOLE                    68963
BALCHEM CORP                   COM              057665200      288     7115 SH       SOLE                     2535              4580
BANCORP INC                    COM              05969A105     3024   418199 SH       SOLE                   402859             15340
BANCORPSOUTH INC               COM              059692103     4301   390248 SH       SOLE                   384355              5893
BANK OF THE OZARKS INC         COM              063904106    11427   385649 SH       SOLE                   379896              5753
BANKUNITED INC                 COM              06652K103     9079   412861 SH       SOLE                   408049              4812
BANNER CORP                    COM              06652V208     8469   493848 SH       SOLE                   443010             50838
BAR HARBOR BANKSHARES          COM              066849100     2126    70911 SH       SOLE                    57967             12944
BBCN BANCORP INC               COM              073295107     3132   331400 SH       SOLE                   267355             64045
BE AEROSPACE INC               COM              073302101     6968   180010 SH       SOLE                   145154             34856
BELDEN INC                     COM              077454106     3963   119094 SH       SOLE                   119094
BELO CORP (SERIES A)           COM SER A        080555105     8500  1349268 SH       SOLE                  1134085            215183
BERKSHIRE HILLS BANCORP INC    COM              084680107     5680   255957 SH       SOLE                   218757             37200
BERRY PETROLEUM CO (CL A)      CLA              085789105     6134   145971 SH       SOLE                   138551              7420
BGC PARTNERS INC (CL A)        CLA              05541T101     5435   914950 SH       SOLE                   836582             78368
BIG 5 SPORTING GOODS CORP      COM              08915P101      574    55000 SH       SOLE                    44365             10635
BILL BARRETT CORP              COM              06846N104    19779   580554 SH       SOLE                   562108             18446
BIO-RAD LABS INC (CL A)        CLA              090572207     6614    68869 SH       SOLE                    66124              2745
BIOCLINICA INC                 COM              09071B100      249    58555 SH       SOLE                    58265               290
BIOCRYST PHARMACEUTICALS       COM              09058V103      221    89610 SH       SOLE                    89178               432
BIOMED REALTY TRUST INC        COM              09063H107    11058   611624 SH       SOLE                   570901             40723
BIOSCRIP INC                   COM              09069N108     5498  1006998 SH       SOLE                   832988            174010
BLACK DIAMOND INC              COM              09202G101     2891   386994 SH       SOLE                   384845              2149
BLACK HILLS CORP               COM              092113109    13486   401605 SH       SOLE                   377178             24427
BOISE INC                      COM              09746Y105     2938   412625 SH       SOLE                   332640             79985
BOSTON PPTYS INC               COM              101121101     3764    37791 SH       SOLE                    26483             11308
BRADY CORP (CL A)              CLA              104674106      439    13905 SH       SOLE                     4935              8970
BRANDYWINE REALTY TRUST        COM              105368203     8588   904022 SH       SOLE                   812472             91550
BRAVO BRIO RESTAURANT GRP INC  COM              10567B109      544    31700 SH       SOLE                    31548               152
BREEZE-EASTERN CORP            COM              106764103      510    62403 SH       SOLE                    62045               358
BRIDGELINE DIGITAL INC         COM              10807Q205      244   407272 SH       SOLE                   403576              3696
BRIGGS & STRATTON CORP         COM              109043109     4242   273871 SH       SOLE                   269754              4117
BROCADE COMMUNICATIONS SYSTEMS COM              111621306     1955   376655 SH       SOLE                   304455             72200
BROOKLINE BANCORP INC          COM              11373M107     1746   206850 SH       SOLE                   200412              6438
BROOKS AUTOMATION INC          COM              114340102     3041   296060 SH       SOLE                   238650             57410
BROWN SHOE CO INC              COM              115736100     3606   405157 SH       SOLE                   381040             24117
BRUNSWICK CORP                 COM              117043109     7767   430076 SH       SOLE                   404004             26072
BUCKEYE TECHNOLOGIES INC       COM              118255108    19775   591355 SH       SOLE                   518595             72760
BUNGE LTD                      COM              G16962105     2144    37486 SH       SOLE                    25659             11827
CABELA'S INC                   COM              126804301    22512   885590 SH       SOLE                   761681            123909
CAL DIVE INTL INC              COM              12802T101      969   430597 SH       SOLE                   347222             83375
CALAMP CORP                    COM              128126109      826   194870 SH       SOLE                   193931               939
CALAVO GROWERS INC             COM              128246105     1484    57785 SH       SOLE                    42035             15750
CALGON CARBON CORP             COM              129603106      176    11212 SH       SOLE                     2322              8890
CALIX INC                      COM              13100M509      207    32000 SH       SOLE                    31845               155
CAMBREX CORP                   COM              132011107     2949   410753 SH       SOLE                   331053             79700
CAMDEN NATL CORP               COM              133034108     4355   133602 SH       SOLE                   131607              1995
CAMDEN PPTY TRUST              COM              133131102     3332    53533 SH       SOLE                    38182             15351
CAMTEK LTD                     COM              M20791105      428   244670 SH       SOLE                   243481              1189
CAPITOL FED FINL INC           COM              14057J101      876    75870 SH       SOLE                    69120              6750
CAPLEASE INC                   COM              140288101     5439  1346300 SH       SOLE                  1197134            149166
CARDINAL FINL CORP             COM              14149F109     2671   248682 SH       SOLE                   244970              3712
CARDIONET INC                  COM              14159L103     2032   857520 SH       SOLE                   691850            165670
CARIBOU COFFEE CO INC          COM              142042209      237    17000 SH       SOLE                    16918                82
CARMIKE CINEMAS INC            COM              143436400     3464   503487 SH       SOLE                   405558             97929
CARPENTER TECHNOLOGY CORP      COM              144285103     7502   145721 SH       SOLE                   135947              9774
CARRIZO OIL & CO INC           COM              144577103    10916   414261 SH       SOLE                   410809              3452
CARROLS RESTAURANT GRP INC     COM              14574X104     1483   128188 SH       SOLE                   103393             24795
CASCADE CORP                   COM              147195101     1689    35817 SH       SOLE                    27851              7966
CASELLA WASTE SYSTEMS (CL A)   CLA              147448104      810   126500 SH       SOLE                   125770               730
CATALYST HEALTH SOLUTIONS INC  COM              14888B103     5643   108512 SH       SOLE                   105957              2555
CATHAY GENERAL BANCORP         COM              149150104     5715   382765 SH       SOLE                   306515             76250
CBL & ASSOCIATES PPTYS INC     COM              124830100     6337   403623 SH       SOLE                   326873             76750
CEC ENTERTAINMENT INC          COM              125137109     3580   103920 SH       SOLE                    96849              7071
CECO ENVIRONMENTAL CORP        COM              125141101      588   105985 SH       SOLE                   105473               512
CEDAR REALTY TRUST INC         COM              150602209     1503   348725 SH       SOLE                   283475             65250
CENTENE CORP                   COM              15135B101     8416   212574 SH       SOLE                   168782             43792
CENTERPOINT ENERGY INC         COM              15189T107     3496   174030 SH       SOLE                   120027             54003
CENTRAL GARDEN & PET CO        COM              153527106      676    82851 SH       SOLE                    79295              3556
CENTRAL VERMONT PUBLIC SERVICE COM              155771108     3903   111203 SH       SOLE                   104000              7203
CENTURY CASINOS INC            COM              156492100      530   209324 SH       SOLE                   208163              1161
CERADYNE INC                   COM              156710105      423    15809 SH       SOLE                    14419              1390
CF INDUSTRIES HLDGS INC        COM              125269100     1949    13440 SH       SOLE                     9584              3856
CHECKPOINT SYSTEMS INC         COM              162825103      131    12000 SH       SOLE                    11939                61
CHESAPEAKE LODGING TRUST       COM              165240102     7898   510839 SH       SOLE                   453814             57025
CHESAPEAKE UTILITIES CORP      COM              165303108     1148    26483 SH       SOLE                    26354               129
CHILDRENS PLACE RETAIL STORES  COM              168905107     4300    80952 SH       SOLE                    73772              7180
CHIQUITA BRANDS INTL           COM              170032809     4629   555021 SH       SOLE                   448356            106665
CIRCOR INTL INC                COM              17273K109      777    22000 SH       SOLE                    21940                60
CIRRUS LOGIC INC               COM              172755100      396    25000 SH       SOLE                    22800              2200
CNO FINL GRP INC               COM              12621E103     8031  1272677 SH       SOLE                  1048904            223773
COBIZ FINL INC                 COM              190897108     4787   829610 SH       SOLE                   737387             92223
COEUR D'ALENE MINES CORP       COM              192108504     6763   280147 SH       SOLE                   226172             53975
COGDELL SPENCER INC            COM              19238U107     1974   464486 SH       SOLE                   374836             89650
COGNEX CORP                    COM              192422103     8195   228973 SH       SOLE                   226073              2900
COLLECTIVE BRANDS INC          COM              19421W100     6323   440019 SH       SOLE                   388759             51260
COLONIAL PPTYS TRUST           COM              195872106     2655   127299 SH       SOLE                   125396              1903
COLUMBIA BKG SYSTEMS INC       COM              197236102     1018    52825 SH       SOLE                    48375              4450
COLUMBIA SPORTSWEAR CO         COM              198516106     6876   147721 SH       SOLE                   134545             13176
COLUMBUS MCKINNON CORP         COM              199333105     5588   440379 SH       SOLE                   433734              6645
COMERICA INC                   COM              200340107     3012   116743 SH       SOLE                    83653             33090
COMMERCIAL VEHICAL GRP INC     COM              202608105     9841  1088634 SH       SOLE                   957660            130974
COMMTOUCH SOFTWARE LTD         COM              M25596202      248    76154 SH       SOLE                    75719               435
COMMUNITY TRUST BANCORP INC    COM              204149108     2782    94562 SH       SOLE                    94562
COMPLETE PRODUCTION SVCS INC   COM              20453E109     5433   161876 SH       SOLE                   161876
COMPUWARE CORP                 COM              205638109     1955   234945 SH       SOLE                   193270             41675
COMTECH TELECOMMUNICATIONS     COM              205826209     9438   329784 SH       SOLE                   301226             28558
CONCEPTUS INC                  COM              206016107     2509   198510 SH       SOLE                   160116             38394
CONSOLIDATED GRAPHICS INC      COM              209341106     6429   133160 SH       SOLE                   131161              1999
CONSOLIDATED WATER CO INC      COM              G23773107      854    99565 SH       SOLE                    99082               483
CONVERGYS CORP                 COM              212485106      958    75000 SH       SOLE                    68400              6600
COOPER COS INC                 COM              216648402     1558    22100 SH       SOLE                    17800              4300
COOPER TIRE & RUBBER CO        COM              216831107    27322  1950212 SH       SOLE                  1795366            154846
CORE MOLDING TECHNOLOGIES INC  COM              218683100      662    81816 SH       SOLE                    81457               359
CORPORATE OFFICE PPTYS TRUST   COM              22002T108     6365   299397 SH       SOLE                   261872             37525
COST PLUS INC                  COM              221485105     2188   224459 SH       SOLE                   215161              9298
COTT CORP                      COM              22163N106     8283  1323195 SH       SOLE                  1207871            115324
COUSINS PPTYS INC              COM              222795106      802   125081 SH       SOLE                   123363              1718
COVENANT TRANSPORTATION GRP    CLA              22284P105      371   125000 SH       SOLE                   100975             24025
CRAWFORD & CO (CL A)           CLA              224633206      173    42554 SH       SOLE                    34229              8325
CRAY INC                       COM              225223304      259    40000 SH       SOLE                    39800               200
CREXUS INVESTMENT CORP         COM              226553105      519    50000 SH       SOLE                    49759               241
CRIMSON EXPLORATION INC        COM              22662K207     1238   432950 SH       SOLE                   349275             83675
CRYOLIFE INC                   COM              228903100      121    25300 SH       SOLE                    25180               120
CRYPTOLOGIC LTD                COM              G3159C109      119    50000 SH       SOLE                    49756               244
CTS CORP                       COM              126501105      136    14730 SH       SOLE                      175             14555
CUBESMART                      COM              229663109      531    49875 SH       SOLE                    46225              3650
CVR ENERGY INC                 COM              12662P108    11599   619263 SH       SOLE                   526218             93045
DAKTRONICS INC                 COM              234264109     3042   317828 SH       SOLE                   312982              4846
DANA HLDG CORP                 COM              235825205    13075  1076147 SH       SOLE                  1006921             69226
DARDEN RESTAURANTS INC         COM              237194105     1857    40735 SH       SOLE                    35069              5666
DAWSON GEOPHYSICAL CO          COM              239359102    10494   265466 SH       SOLE                   243647             21819
DCT INDUSTRIAL TRUST INC       COM              233153105     2569   501750 SH       SOLE                   404975             96775
DDI CORP                       COM              233162502     3454   370234 SH       SOLE                   370234
DELEK US HLDGS INC             COM              246647101     5478   480100 SH       SOLE                   387250             92850
DELPHI FINL GRP (CL A)         CLA              247131105    20958   473091 SH       SOLE                   451449             21642
DELUXE CORP                    COM              248019101     4387   192743 SH       SOLE                   155093             37650
DGSE COS INC                   COM              23323G106     1198   160401 SH       SOLE                   159603               798
DGT HLDGS CORP                 COM              23328R107     1312   119475 SH       SOLE                   118933               542
DIAMONDROCK HOSPITALITY CO     COM              252784301     9276   962219 SH       SOLE                   947834             14385
DIGITAL GENERATION INC         COM              25400B108      427    35836 SH       SOLE                    25010             10826
DIGITAL REALTY TRUST INC       COM              253868103     3173    47590 SH       SOLE                    40565              7025
DIME COMMUNITY BANCSHARES      COM              253922108     1064    84413 SH       SOLE                    83154              1259
DIODES INC                     COM              254543101     9759   458183 SH       SOLE                   424951             33232
DOLE FOOD CO INC               COM              256603101     2135   246835 SH       SOLE                   198860             47975
DONEGAL GRP INC (CL A)         CLA              257701201     3024   213575 SH       SOLE                   188167             25408
DOUGLAS DYNAMICS INC           COM              25960R105     2227   152355 SH       SOLE                   122930             29425
DUCOMMUN INC                   COM              264147109      489    38359 SH       SOLE                    38173               186
DUKE REALTY CORP               COM              264411505     1477   122600 SH       SOLE                    99025             23575
DUPONT FABROS TECHNOLOGY INC   COM              26613Q106     7273   300272 SH       SOLE                   263418             36854
DXP ENTERPRISES INC            COM              233377407      623    19349 SH       SOLE                    14852              4497
DYNAMICS RESH CORP COM         COM              268057106     5997   528812 SH       SOLE                   504576             24236
DYNASIL CORP                   COM              268102100       77    42426 SH       SOLE                    42222               204
EAGLE BANCORP INC              COM              268948106     2242   154181 SH       SOLE                   126050             28131
EAST WEST BANCORP INC          COM              27579R104    12969   656659 SH       SOLE                   608014             48645
EASYLINK SVCS INTL CORP (CL A) CLA              277858106      635   159606 SH       SOLE                   138104             21502
ECB BANCORP INC                COM              268253101      888    84195 SH       SOLE                    79595              4600
EDGEWATER TECHNOLOGY INC       COM              280358102     1224   443558 SH       SOLE                   357008             86550
EDUCATION REALTY TRUST INC     COM              28140H104     2862   279766 SH       SOLE                   278405              1361
EMC INSURANCE GRP INC          COM              268664109      496    24111 SH       SOLE                    23973               138
EMPIRE DISTRICT ELECTRIC CO    COM              291641108     5805   275233 SH       SOLE                   222612             52621
ENERGEN CORP                   COM              29265N108     3003    60061 SH       SOLE                    41800             18261
ENERSYS INC                    COM              29275Y102    17734   682883 SH       SOLE                   654897             27986
ENNIS INC                      COM              293389102     4887   366629 SH       SOLE                   304093             62536
ENTERCOM COMMUNICATIONS CORP   CLA              293639100     8259  1342882 SH       SOLE                  1181357            161525
ENTERTAINMENT PPTYS TRUST      COM              29380T105     6809   155785 SH       SOLE                   125485             30300
ENTROPIC COMMUNICATIONS INC    COM              29384R105     5192  1016011 SH       SOLE                  1016011
EPOCRATES INC                  COM              29429D103      134    17235 SH       SOLE                      205             17030
ERESEARCHTECHNOLOGY INC        COM              29481V108     1112   237000 SH       SOLE                   191150             45850
ESCO TECHNOLOGIES INC          COM              296315104     3999   138964 SH       SOLE                   138964
ESSA BANCORP INC               COM              29667D104      558    53316 SH       SOLE                    42992             10324
ESTERLINE TECHNOLOGIES CORP    COM              297425100     6696   119642 SH       SOLE                   106953             12689
EUROSEAS LTD                   COM              Y23592200      496   211265 SH       SOLE                   169865             41400
EVOLVING SYSTEMS INC           COM              30049R209     4902   657966 SH       SOLE                   610579             47387
EXACTECH INC                   COM              30064E109     3585   217655 SH       SOLE                   211799              5856
EXAR CORP                      COM              300645108      721   110890 SH       SOLE                   110350               540
EXIDE TECHNOLOGIES             COM              302051206     5808  2208450 SH       SOLE                  1960565            247885
EZCORP INC (CL A)              CLA              302301106      791    30000 SH       SOLE                    27400              2600
FAIRCHILD SEMICONDUCTOR INTL   COM              303726103     9516   790324 SH       SOLE                   748094             42230
FBL FINL GRP INC (CL A)        CLA              30239F106     2313    68000 SH       SOLE                    56525             11475
FEDERAL MOGUL CORP             COM              313549404     6567   445198 SH       SOLE                   358173             87025
FEDERAL SIGNAL CORP            COM              313855108     2251   542409 SH       SOLE                   480573             61836
FIFTH THIRD BANCORP            COM              316773100     3855   303105 SH       SOLE                   207335             95770
FINISAR CORP                   COM              31787A507     4450   265764 SH       SOLE                   209629             56135
FIRST FINL BANKSHARES          COM              32020R109      500    14962 SH       SOLE                    13912              1050
FIRST HORIZON NATIONAL CORP    COM              320517105     6762   845229 SH       SOLE                   761859             83370
FIRST MERCHANTS CORP           COM              320817109     2491   294077 SH       SOLE                   294077
FIRST MIDWEST BANCORP          COM              320867104     1756   173325 SH       SOLE                   139775             33550
FIRST PACTRUST BANCORP         COM              33589V101      695    67820 SH       SOLE                    67490               330
FIRST POTOMAC REALTY TRUST     COM              33610F109    18376  1408133 SH       SOLE                  1331287             76846
FIRSTMERIT CORP                COM              337915102    11798   779754 SH       SOLE                   743589             36165
FIVE STAR QUALITY CARE INC     COM              33832D106      992   330726 SH       SOLE                   265476             65250
FLINT ENERGY SVCS LTD          COM              339457103     2248   179275 SH       SOLE                   144550             34725
FLUSHING FINL CORP             COM              343873105     4501   356400 SH       SOLE                   287475             68925
FMC CORP                       COM              302491303     1478    17176 SH       SOLE                    14765              2411
FORBES ENERGY SVCS LTD         COM              345143101     1502   235783 SH       SOLE                   172056             63727
FOREST LABORATORIES INC        COM              345838106     2730    90221 SH       SOLE                    63810             26411
FOSTER L B CO                  COM              350060109     3142   111081 SH       SOLE                   109420              1661
FOX CHASE BANCORP INC          COM              35137T108     2201   174235 SH       SOLE                   140338             33897
FRANKLIN ELECTRIC INC          COM              353514102     1880    43150 SH       SOLE                    39350              3800
FRANKLIN WIRELESS CORP         COM              355184102      350   233186 SH       SOLE                   232026              1160
FREIGHTCAR AMERICA INC         COM              357023100     1682    80300 SH       SOLE                    70428              9872
FREQUENCY ELECTRONICS INC      COM              358010106      395    51357 SH       SOLE                    51108               249
FRESH DEL MONTE PRODUCE INC    COM              G36738105     9115   364439 SH       SOLE                   334428             30011
FRIEDMAN INDUSTRIES INC        COM              358435105     1525   144708 SH       SOLE                   116383             28325
FROZEN FOOD EXPRESS INDUSTRIES COM              359360104      141   109113 SH       SOLE                    88247             20866
FTI CONSULTING INC             COM              302941109     1778    41915 SH       SOLE                    38215              3700
FULTON FINL CORP               COM              360271100      489    49880 SH       SOLE                    46280              3600
FURNITURE BRANDS INTL          COM              360921100      484   393600 SH       SOLE                   316175             77425
FX ENERGY INC                  COM              302695101     1549   322615 SH       SOLE                   260215             62400
G-III APPAREL GRP              COM              36237H101     9421   378189 SH       SOLE                   305689             72500
GAIN CAPITAL HLDGS INC         COM              36268W100      289    43108 SH       SOLE                    40821              2287
GARDNER DENVER INC             COM              365558105     2717    35262 SH       SOLE                    35262
GENCORP INC                    COM              368682100    12204  2293896 SH       SOLE                  2087030            206866
GENERAC HLDGS INC              COM              368736104     1582    56448 SH       SOLE                    55605               843
GENESCO INC                    COM              371532102     8088   131006 SH       SOLE                   129593              1413
GENWORTH FINL INC (CL A)       CLA              37247D106     1198   182837 SH       SOLE                   160023             22814
GEORGIA GULF CORP              COM              373200302     6250   320675 SH       SOLE                   258800             61875
GEVO INC                       COM              374396109      148    23584 SH       SOLE                      284             23300
GILAT SATELLITE NETWORKS LTD   COM              M51474118     1277   323304 SH       SOLE                   305876             17428
GILDAN ACTIVEWEAR INC          COM              375916103     2477   131805 SH       SOLE                    90324             41481
GLACIER BANCORP INC            COM              37637Q105     4133   343578 SH       SOLE                   335077              8501
GLADSTONE CAPITAL CORP         COM              376535100     1156   151456 SH       SOLE                   150912               544
GLIMCHER REALTY TRUST          COM              379302102     2724   296125 SH       SOLE                   238125             58000
GLOBAL CASH ACCESS HLDGS       COM              378967103     8955  2012297 SH       SOLE                  1710912            301385
GLOBAL GEOPHYSICAL SVCS        COM              37946S107     1976   294115 SH       SOLE                   149115            145000
GLOBAL INDEMNITY PLACE         COM              G39319101     6999   352963 SH       SOLE                   284563             68400
GLOBECOMM SYSTEMS INC          COM              37956X103     1835   134156 SH       SOLE                   133503               653
GMX RESOURCES INC              COM              38011M108     1365  1091808 SH       SOLE                   880813            210995
GP STRATEGIES CORP             COM              36225V104      602    44657 SH       SOLE                    44393               264
GRAFTECH INTL LTD              COM              384313102      315    23096 SH       SOLE                    21046              2050
GRAHAM CORP                    COM              384556106      528    23532 SH       SOLE                    23419               113
GREAT LAKES DREDGE & DOCK CORP COM              390607109     1163   209110 SH       SOLE                   168619             40491
GREAT SOUTHN BANCORP INC       COM              390905107     5630   238667 SH       SOLE                   235100              3567
GREENBRIER COS INC             COM              393657101    25362  1044559 SH       SOLE                  1002329             42230
GSI GROUP INC                  COM              36191C205    12955  1266335 SH       SOLE                  1135364            130971
GT ADVANCED TECHNOLOGIES INC   COM              36191U106     4055   560125 SH       SOLE                   450625            109500
GUIDANCE SOFTWARE INC          COM              401692108       96    14889 SH       SOLE                      180             14709
GULFMARK OFFSHORE INC (CL A)   CLA              402629208     2062    49091 SH       SOLE                    49091
H.B. FULLER CO                 COM              359694106    14176   613401 SH       SOLE                   601429             11972
HACKETT GROUP INC              COM              404609109      769   205673 SH       SOLE                   204672              1001
HAEMONETICS CORP               COM              405024100     7935   129619 SH       SOLE                   122104              7515
HALLMARK FINL SVCS INC         COM              40624Q203     1332   190572 SH       SOLE                   180795              9777
HANCOCK FABRICS INC            COM              409900107     1443  1612502 SH       SOLE                  1490066            122436
HANCOCK HLDG CO                COM              410120109     7969   249274 SH       SOLE                   220891             28383
HANDY & HARMAN LTD             COM              410315105     2913   294282 SH       SOLE                   293356               926
HARDINGE INC                   COM              412324303     1441   179000 SH       SOLE                   144325             34675
HARMAN INTL INDUSTRIES         COM              413086109     7192   189066 SH       SOLE                   159710             29356
HARVARD BIOSCIENCE INC         COM              416906105     1913   494344 SH       SOLE                   399322             95022
HAWAIIAN HLDGS INC             COM              419879101     2174   374885 SH       SOLE                   324434             50451
HAYNES INTL INC                COM              420877201    13287   243356 SH       SOLE                   225241             18115
HEALTH CARE REIT INC           COM              42217K106     2251    41282 SH       SOLE                    35319              5963
HEALTHCARE REALTY TRUST INC    COM              421946104    10168   546975 SH       SOLE                   449130             97845
HEALTHSOUTH CORP               COM              421924309    12871   728392 SH       SOLE                   692992             35400
HEALTHSPRING INC               COM              42224N101    15274   280051 SH       SOLE                   266001             14050
HECLA MINING CO                COM              422704106      126    24079 SH       SOLE                     3189             20890
HEICO CORP (CL A)              CLA              422806208     2517    63972 SH       SOLE                    50972             13000
HERCULES OFFSHORE INC          COM              427093109     2564   577495 SH       SOLE                   462995            114500
HERITAGE FINL CORP             COM              42722X106     1079    85912 SH       SOLE                    85494               418
HERSHA HOSPITALITY TR (CL A)   CLA              427825104     8156  1671402 SH       SOLE                  1474612            196790
HESKA CORP                     COM              42805E306     1789   245066 SH       SOLE                   234568             10498
HEXCEL CORP                    COM              428291108      847    35000 SH       SOLE                    31900              3100
HI-TECH PHARMACAL INC          COM              42840B101     8515   218955 SH       SOLE                   215644              3311
HICKORY TECH CORP              COM              429060106     1337   120637 SH       SOLE                    99232             21405
HILL-ROM HLDGS INC             COM              431475102    27213   807735 SH       SOLE                   767839             39896
HILL INTL INC                  COM              431466101     1967   382700 SH       SOLE                   307425             75275
HILLENBRAND INC                COM              431571108      931    41727 SH       SOLE                    38062              3665
HOME BANCSHARES INC            COM              436893200     5759   222265 SH       SOLE                   218941              3324
HOME PPTYS INC                 COM              437306103     3693    64140 SH       SOLE                    63240               900
HOOKER FURNITURE CORP          COM              439038100     1205   105069 SH       SOLE                   103487              1582
HORACE MANN EDUCATORS CORP     COM              440327104    15355  1119955 SH       SOLE                  1018263            101692
HORIZON BANCORP (INDIANA)      COM              440407104      962    55513 SH       SOLE                    55191               322
HORMEL FOODS CORP              COM              440452100     4033   137701 SH       SOLE                    98773             38928
HORNBECK OFFSHORE SVCS INC     COM              440543106     4098   132094 SH       SOLE                   130110              1984
HOST HOTELS & RESORTS INC      COM              44107P104     3142   212718 SH       SOLE                   146844             65874
HUB GROUP INC (CL A)           CLA              443320106     2406    74200 SH       SOLE                    74200
HUDSON HIGHLAND GRP INC        COM              443792106     1506   314376 SH       SOLE                   253388             60988
HUDSON PACIFIC PPTYS INC       COM              444097109     5282   373005 SH       SOLE                   318837             54168
HUDSON VALLEY HLDG CORP        COM              444172100      792    37337 SH       SOLE                     6051             31286
HUNTINGTON BANCSHARES INC      COM              446150104     4249   773886 SH       SOLE                   519301            254585
HURCO COS INC                  COM              447324104     1001    47643 SH       SOLE                    38397              9246
HUTCHINSON TECHNOLOGY INC      COM              448407106      366   243683 SH       SOLE                   196458             47225
IBERIABANK CORP                COM              450828108    16014   324826 SH       SOLE                   311326             13500
ICF INTL INC                   COM              44925C103    15840   639224 SH       SOLE                   623499             15725
ICONIX BRAND GRP INC           COM              451055107     9247   567620 SH       SOLE                   567620
II VI INC                      COM              902104108    17276   940937 SH       SOLE                   921094             19843
INDUSTRIAL SVCS OF AMERICA INC COM              456314103     1449   273399 SH       SOLE                   220724             52675
INNOPHOS HLDGS INC             COM              45774N108    12563   258719 SH       SOLE                   230094             28625
INNOSPEC INC                   COM              45768S105    25804   919262 SH       SOLE                   797581            121681
INTEGRAMED AMERICA INC         COM              45810N302     2237   284542 SH       SOLE                   247072             37470
INTEGRATED DEVICE TECHNOLOGY   COM              458118106     6250  1144615 SH       SOLE                  1049698             94917
INTEGRATED SILICON SOLUTION CO COM              45812P107     3659   400365 SH       SOLE                   323315             77050
INTERACTIVE BROKERS GRP        COM              45841N107      374    25000 SH       SOLE                    22800              2200
INTERCLICK INC                 COM              458483203     1878   208847 SH       SOLE                   193694             15153
INTERMEC INC                   COM              458786100      171    24930 SH       SOLE                     4020             20910
INTL BANCSHARES                COM              459044103      813    44330 SH       SOLE                    40430              3900
INVENTURE FOODS INC            COM              461212102      153    40800 SH       SOLE                    40604               196
INVESCO LTD                    COM              G491BT108     1615    80377 SH       SOLE                    69141             11236
INVESTORS BANCORP INC          COM              46146P102     8536   633233 SH       SOLE                   557633             75600
INVESTORS CAPITAL HLDGS LTD    COM              46147M108      800   195132 SH       SOLE                   194012              1120
INX INC                        COM              46185W109     1306   149380 SH       SOLE                   125847             23533
IRIDEX CORP                    COM              462684101     2858   764274 SH       SOLE                   613765            150509
IRIS INTL INC                  COM              46270W105     2070   221366 SH       SOLE                   178582             42784
IXYS CORP                      COM              46600W106      117    10781 SH       SOLE                      131             10650
JARDEN CORP                    COM              471109108     2803    93794 SH       SOLE                    74894             18900
JOHNSON OUTDOORS INC (CL A)    CLA              479167108      366    23875 SH       SOLE                    23758               117
K-V PHARMACEUTICAL CO (CL A)   CLA              482740206      760   543022 SH       SOLE                   438172            104850
KAISER FED FINL GRP INC        COM              483056107      731    57059 SH       SOLE                    56781               278
KAPSTONE PAPER & PACKAGING     COM              48562P103     9991   634744 SH       SOLE                   578482             56262
KELLY SVCS INC (CL A)          CLA              488152208     3291   240560 SH       SOLE                   194010             46550
KEMET CORP                     COM              488360207     4829   684915 SH       SOLE                   552107            132808
KENNAMETAL INC                 COM              489170100     4116   112705 SH       SOLE                    79621             33084
KEY TECHNOLOGY INC             COM              493143101      653    50035 SH       SOLE                    40360              9675
KILROY REALTY CORP             COM              49427F108     8600   225911 SH       SOLE                   222539              3372
KITE REALTY GROUP TRUST        COM              49803T102     3694   818976 SH       SOLE                   691563            127413
KNOLL INC                      COM              498904200     4578   308315 SH       SOLE                   303650              4665
KNOLOGY INC                    COM              499183804      426    30000 SH       SOLE                    27300              2700
KODIAK OIL & GAS CORP          COM              50015Q100     8883   935044 SH       SOLE                   921095             13949
KOPPERS HLDGS INC              COM              50060P106     4679   136168 SH       SOLE                   133568              2600
KRATOS DEFENSE & SEC SOLUTIONS COM              50077B207     1169   195887 SH       SOLE                   173752             22135
KRISPY KREME DOUGHNUTS INC     COM              501014104      294    45000 SH       SOLE                    44782               218
L-3 COMMUNICATIONS HLDGS INC   COM              502424104     1262    18923 SH       SOLE                    16435              2488
LACLEDE GRP INC                COM              505597104     3443    85075 SH       SOLE                    67775             17300
LAKELAND FINL CORP             COM              511656100     6157   238013 SH       SOLE                   234450              3563
LANDEC CORP                    COM              514766104      877   158855 SH       SOLE                   158090               765
LANNETT CO INC                 COM              516012101     1591   359851 SH       SOLE                   290126             69725
LASALLE HOTEL PPTYS            COM              517942108     3547   146510 SH       SOLE                   142460              4050
LECROY CORP                    COM              52324W109     3824   454670 SH       SOLE                   366435             88235
LEXINGTON REALTY TRUST         COM              529043101    14001  1869293 SH       SOLE                  1651356            217937
LIBBEY INC                     COM              529898108     4194   329178 SH       SOLE                   265457             63721
LINCOLN ELECTRIC HLDGS INC     COM              533900106     9241   236234 SH       SOLE                   209088             27146
LITTELFUSE INC                 COM              537008104     2807    65304 SH       SOLE                    64330               974
LMI AEROSPACE INC              COM              502079106     7431   423433 SH       SOLE                   341665             81768
LOOKSMART LTD                  COM              543442503     1892  1466756 SH       SOLE                  1387552             79204
LPATH INC                      COM              548910108     3106  2610410 SH       SOLE                  2151960            458450
LSB INDUSTRIES INC             COM              502160104    13967   498296 SH       SOLE                   477171             21125
LSI INDS INC                   COM              50216C108     2737   456101 SH       SOLE                   449222              6879
LTC PPTYS INC                  COM              502175102    11189   362560 SH       SOLE                   292425             70135
LTX-CREDENCE CORP              COM              502403207     2823   527647 SH       SOLE                   434492             93155
LYDALL INC                     COM              550819106      922    97177 SH       SOLE                    96704               473
MAGELLAN PETE CORP             COM              559091301      221   228045 SH       SOLE                   226934              1111
MAGMA DESIGN AUTOMATION        COM              559181102      578    80476 SH       SOLE                    80476
MAIDEN HOLDINGS LTD            COM              G5753U112     6719   767046 SH       SOLE                   683758             83288
MAIDENFORM BRANDS INC          COM              560305104    12654   691485 SH       SOLE                   657811             33674
MANITOWOC CO                   COM              563571108     2438   265300 SH       SOLE                   213875             51425
MARTEN TRANS LTD               COM              573075108     8658   481266 SH       SOLE                   474063              7203
MARVELL TECHNOLOGY GRP LTD     COM              G5876H105     1661   119957 SH       SOLE                   104614             15343
MASTEC INC                     COM              576323109      264    15206 SH       SOLE                     2816             12390
MCCORMICK & SCHMICKS SEAFOOD   COM              579793100     2815   322059 SH       SOLE                   285317             36742
MDU RESOURCES GRP INC          COM              552690109     7731   360267 SH       SOLE                   339161             21106
MEASUREMENT SPECIALTIES        COM              583421102     6859   245307 SH       SOLE                   241608              3699
MEDASSETS INC                  COM              584045108     1850   200000 SH       SOLE                   161265             38735
MEDICAL ACTION INDUSTRIES INC  COM              58449L100     3421   654081 SH       SOLE                   527606            126475
MEDICAL PPTYS TRUST INC        COM              58463J304     6047   612679 SH       SOLE                   533129             79550
MEDIFAST INC                   COM              58470H101     9704   707275 SH       SOLE                   631390             75885
MEDIWARE INFORMATION SYSTEMS   COM              584946107      630    49149 SH       SOLE                    48914               235
MEDTOX SCIENTIFIC INC          COM              584977201     1828   130127 SH       SOLE                   129494               633
MENTOR GRAPHICS CORP           COM              587200106     6692   493496 SH       SOLE                   397946             95550
MERCER INTL INC                COM              588056101     4030   660644 SH       SOLE                   544190            116454
MERCURY COMPUTER SYSTEMS       COM              589378108     9232   694653 SH       SOLE                   609390             85263
MERIT MEDICAL SYSTEMS INC      COM              589889104     5830   435692 SH       SOLE                   421012             14680
MERITOR INC                    COM              59001K100     4933   927210 SH       SOLE                   748210            179000
METALICO INC                   COM              591176102     1901   577781 SH       SOLE                   510181             67600
METHODE ELECTRONICS INC        COM              591520200     8687  1047891 SH       SOLE                  1032631             15260
METROPOLITAN HEALTH NETWORKS   COM              592142103     5025   672659 SH       SOLE                   667697              4962
MFA FINL INC                   COM              55272X102     2417   359600 SH       SOLE                   288250             71350
MICRON TECHNOLOGY INC          COM              595112103     4380   696350 SH       SOLE                   561250            135100
MICRONETICS INC                COM              595125105     1386   175020 SH       SOLE                   174174               846
MID-AMERICA APT CMNTYS INC     COM              59522J103    16613   265590 SH       SOLE                   250610             14980
MIDAS INC                      COM              595626102      859   100000 SH       SOLE                    80525             19475
MIDDLEBY CORP                  COM              596278101     5430    57746 SH       SOLE                    57746
MIDDLESEX WATER CO             COM              596680108      933    50000 SH       SOLE                    49756               244
MIDSOUTH BANCORP INC           COM              598039105      431    33142 SH       SOLE                    32952               190
MISSION WEST PPTYS INC         COM              605203108     7244   803093 SH       SOLE                   769112             33981
MKS INSTRUMENT INC             COM              55306N104     9413   338356 SH       SOLE                   334657              3699
MODINE MANUFACTURING CO        COM              607828100     9006   952054 SH       SOLE                   874242             77812
MODUSLINK GLOBAL SOLUTIONS INC COM              60786L107     1045   193578 SH       SOLE                   192635               943
MOLINA HEALTHCARE INC          COM              60855R100     8331   373096 SH       SOLE                   370219              2877
MOOG INC (CL A)                CLA              615394202    10639   242186 SH       SOLE                   240394              1792
MULTI FINELINE ELECTRONIX INC  COM              62541B101     9023   439070 SH       SOLE                   432469              6601
MYERS INDUSTRIES INC           COM              628464109     5299   429415 SH       SOLE                   422762              6653
MYLAN INC                      COM              628530107     3706   172702 SH       SOLE                   123837             48865
NANOSPHERE INC                 COM              63009F105     1406   956800 SH       SOLE                   769200            187600
NAPCO SEC TECHNOLOGIES INC     COM              630402105      623   251206 SH       SOLE                   250002              1204
NASH FINCH CO                  COM              631158102    11190   382183 SH       SOLE                   309615             72568
NATIONAL FINL PARTNERS CO      COM              63607P208    10542   779737 SH       SOLE                   651696            128041
NATIONAL HEALTH INVESTORS INC  COM              63633D104     6232   141712 SH       SOLE                   139574              2138
NATIONAL PENN BANCSHARES INC   COM              637138108     5276   625084 SH       SOLE                   615706              9378
NATIONAL PRESTO INDUSTRIES INC COM              637215104     6748    72097 SH       SOLE                    70322              1775
NATIONAL RETAIL PPTYS INC      COM              637417106     4143   157050 SH       SOLE                   157050
NATURAL GAS SVCS GRP INC       COM              63886Q109     2205   152520 SH       SOLE                   150245              2275
NAVIGANT CONSULTING INC        COM              63935N107      234    20542 SH       SOLE                     3272             17270
NAVISTAR INTL CORP             COM              63934E108    11772   310780 SH       SOLE                   242092             68688
NCR CORP                       COM              62886E108     2686   163190 SH       SOLE                   144615             18575
NEENAH PAPER INC               COM              640079109     4502   201682 SH       SOLE                   198619              3063
NETGEAR INC                    COM              64111Q104    21010   625856 SH       SOLE                   609869             15987
NEWPARK RESOURCES INC          COM              651718504      329    34625 SH       SOLE                     6820             27805
NEWPORT CORP                   COM              651824104     5643   414598 SH       SOLE                   400898             13700
NEWSTAR FINL INC               COM              65251F105     8857   870853 SH       SOLE                   857766             13087
NGP CAPITAL RESOURCES CO       COM              62912R107     3387   471041 SH       SOLE                   471041
NN INC                         COM              629337106     2046   340944 SH       SOLE                   274960             65984
NORTH AMERICAN ENERGY PARTNERS COM              656844107     2819   437732 SH       SOLE                   355353             82379
NORTHEAST UTILITIES            COM              664397106     2026    56168 SH       SOLE                    48684              7484
NORTHRIM BANCORP INC           COM              666762109     2339   133564 SH       SOLE                   107264             26300
NORTHWEST BANCSHARES INC       COM              667340103    11123   894133 SH       SOLE                   883738             10395
NORTHWESTERN CORP              COM              668074305      518    14475 SH       SOLE                    13210              1265
NOVA MEASURING INSTRUMENTS LTD COM              M7516K103     3644   494501 SH       SOLE                   406392             88109
NUTRACEUTICAL INTL CORP        COM              67060Y101     2029   179197 SH       SOLE                   147072             32125
O'CHARLEYS INC                 COM              670823103      702   127903 SH       SOLE                   127288               615
O2MICRO INTL LTD               ADR              67107W100     2071   519004 SH       SOLE                   448019             70985
OCEANFIRST FINL CORP           COM              675234108     2117   161999 SH       SOLE                   130634             31365
OIL STATES INTL INC            COM              678026105     3592    47030 SH       SOLE                    33246             13784
OLD NATIONAL BANCORP           COM              680033107    15042  1291154 SH       SOLE                  1235471             55683
OMEGA HEALTHCARE INVESTORS INC COM              681936100     9152   472950 SH       SOLE                   384720             88230
OMEGA PROTEIN CORP             COM              68210P107     4045   567377 SH       SOLE                   493508             73869
OMNICELL INC                   COM              68213N109     1519    91972 SH       SOLE                    91522               450
OMNOVA SOLUTIONS INC           COM              682129101      198    43000 SH       SOLE                    34675              8325
ON SEMICONDUCTOR CORP          COM              682189105     2761   357681 SH       SOLE                   309230             48451
ONLINE RESOURCES CORP          COM              68273G101     1788   738876 SH       SOLE                   708030             30846
OPLINK COMMUNICATIONS INC      COM              68375Q403    11980   727404 SH       SOLE                   640480             86924
OPTICAL CABLE CORP             COM              683827208      204    63834 SH       SOLE                    52071             11763
ORIENTAL FINL GRP INC          COM              68618W100     2988   246700 SH       SOLE                   199100             47600
ORTHOFIX INTL                  COM              N6748L102     6881   195311 SH       SOLE                   192415              2896
OSI SYSTEMS INC                COM              671044105    25222   517066 SH       SOLE                   491548             25518
OUTDOOR CHANNEL HLDGS INC      COM              690027206     7505  1005988 SH       SOLE                   967194             38794
OWENS & MINOR INC              COM              690732102    10498   377776 SH       SOLE                   356063             21713
P F CHANGS CHINA BISTRO INC    COM              69333Y108      464    15000 SH       SOLE                    13700              1300
PACE OIL & GAS LTD             COM              69374D104     1386   328200 SH       SOLE                   263375             64825
PACER INTL INC                 COM              69373H106     6681  1248695 SH       SOLE                  1003095            245600
PACIFIC CONTINENTAL CORP       COM              69412V108      901   101794 SH       SOLE                    97737              4057
PACIFIC PREMIER BANCORP        COM              69478X105     1391   219431 SH       SOLE                   163614             55817
PACWEST BANCORP                COM              695263103    11767   620938 SH       SOLE                   583893             37045
PANTRY INC                     COM              698657103     3916   327135 SH       SOLE                   278380             48755
PAR PHARMACEUTICAL COS INC     COM              69888P106    27531   841151 SH       SOLE                   763393             77758
PARAMETRIC TECHNOLOGY CORP     COM              699173209     7453   408137 SH       SOLE                   379477             28660
PARK STERLING CORP COM         COM              70086Y105     1631   399853 SH       SOLE                   333850             66003
PARKWAY PPTYS INC              COM              70159Q104      833    84530 SH       SOLE                    67780             16750
PATTERSON COMPANIES INC        COM              703395103     1649    55877 SH       SOLE                    48064              7813
PC MALL INC                    COM              69323K100      908   144604 SH       SOLE                   116537             28067
PDI INC                        COM              69329V100      831   129510 SH       SOLE                   128886               624
PEBBLEBROOK HOTEL TRUST        COM              70509V100     1343    70005 SH       SOLE                    63805              6200
PENFORD CORP                   COM              707051108     2046   402910 SH       SOLE                   349120             53790
PENN VIRGINIA CORP             COM              707882106     3071   580563 SH       SOLE                   455138            125425
PENNANTPARK INVESTMENT CORP    COM              708062104     2890   286470 SH       SOLE                   231195             55275
PENNICHUCK CORP                COM              708254206     3253   112842 SH       SOLE                   104037              8805
PEOPLES UNITED FINL INC        COM              712704105     1515   117910 SH       SOLE                    94585             23325
PEP BOYS-MANNY MOE & JACK      COM              713278109     4228   384385 SH       SOLE                   321186             63199
PERFICIENT INC                 COM              71375U101      117    11655 SH       SOLE                      140             11515
PERICOM SEMICONDUCTOR CORP     COM              713831105     2594   340900 SH       SOLE                   337238              3662
PERMA-FIX ENVIRONMENTAL SVCS   COM              714157104      491   316942 SH       SOLE                   255462             61480
PETROQUEST ENERGY INC          COM              716748108      660   100000 SH       SOLE                    80725             19275
PHOENIX COS INC                COM              71902E109     3000  1785613 SH       SOLE                  1547835            237778
PHOSCAN CHEMICAL CORP          COM              71921E106      298   964200 SH       SOLE                   776075            188125
PHOTRONICS INC                 COM              719405102      426    70000 SH       SOLE                    56475             13525
PIER 1 IMPORTS INC             COM              720279108     4554   326935 SH       SOLE                   326935
PILGRIM'S PRIDE CORP           COM              72147K108     4063   705298 SH       SOLE                   568875            136423
PINNACLE ENTERTAINMENT INC     COM              723456109     1930   190000 SH       SOLE                   173190             16810
PIONEER DRILLING CO            COM              723655106     5702   589005 SH       SOLE                   588677               328
PIPER JAFFRAY COS              COM              724078100    17882   885258 SH       SOLE                   830576             54682
PLATINUM UNDERWRITERS HLDGS    COM              G7127P100    11928   349681 SH       SOLE                   343739              5942
PLEXUS CORP                    COM              729132100    10978   400947 SH       SOLE                   377432             23515
PNM RESOURCES INC              COM              69349H107     1639    89900 SH       SOLE                    72465             17435
POLYCOM INC                    COM              73172K104     8987   551354 SH       SOLE                   522174             29180
POPULAR INC                    COM              733174106      825   593600 SH       SOLE                   400000            193600
PORTER BANCORP INC             COM              736233107      718   247753 SH       SOLE                   231761             15992
PORTLAND GENERAL ELECTRIC CO   COM              736508847     7770   307252 SH       SOLE                   289527             17725
POWELL INDS INC                COM              739128106     6611   211336 SH       SOLE                   202565              8771
PREFORMED LINE PRODUCTS CO     COM              740444104     1861    31189 SH       SOLE                    25100              6089
PRESIDENTIAL LIFE CORP         COM              740884101     7631   763893 SH       SOLE                   691782             72111
PRIVATEBANCORP INC             COM              742962103     1803   164163 SH       SOLE                   164163
PROVIDENT FINL SVCS INC        COM              74386T105      647    48335 SH       SOLE                    44035              4300
PVH CORP                       COM              693656100     5855    83062 SH       SOLE                    80737              2325
QUAKER CHEMICAL CORP           COM              747316107     4756   122302 SH       SOLE                   122302
QUANEX BUILDING PRODUCTS CORP  COM              747619104      314    20909 SH       SOLE                    19059              1850
QUANTUM CORP                   COM              747906204     2010   837300 SH       SOLE                   673375            163925
QUEST SOFTWARE INC             COM              74834T103    17195   924472 SH       SOLE                   885447             39025
QUESTAR CORP                   COM              748356102     5523   278116 SH       SOLE                   200491             77625
RADIOSHACK CORP                COM              750438103     4059   418000 SH       SOLE                   347930             70070
RADNET INC                     COM              750491102      879   412625 SH       SOLE                   332625             80000
RAMCO-GERSHENSON PPTYS TR      COM              751452202     7160   728340 SH       Sole                   653101             75239
RAVEN INDS INC COM             COM              754212108     7913   127836 SH       Sole                   124461              3375
RAYONIER INC                   COM              754907103      605    13566 SH       SOLE                     4845              8721
RBC BEARINGS INC               COM              75524B104     1243    29815 SH       SOLE                    27190              2625
REALNETWORKS INC               COM              75605L708      372    49636 SH       SOLE                    49342               294
RED LION HOTELS CORP           COM              756764106      838   120866 SH       SOLE                    97516             23350
RED ROBIN GOURMET BURGERS      COM              75689M101      629    22702 SH       SOLE                    22593               109
REDWOOD TRUST INC              COM              758075402     2231   219204 SH       SOLE                   177504             41700
REGAL-BELOIT CORP              COM              758750103    21667   425090 SH       SOLE                   392156             32934
REGIS CORP                     COM              758932107     1439    86958 SH       SOLE                    79603              7355
REINSURANCE GRP OF AMERICA     COM              759351604     3087    59076 SH       SOLE                    41858             17218
REIS INC                       COM              75936P105      365    40000 SH       SOLE                    39802               198
REMY INTL INC                  COM              759663107      648    38700 SH       SOLE                    31225              7475
RENASANT CORP                  COM              75970E107      941    62704 SH       SOLE                    62411               293
RENT-A-CENTER INC              COM              76009N100     2035    55000 SH       SOLE                    45950              9050
REPLIGEN CORP                  COM              759916109      475   136920 SH       SOLE                    94703             42217
RF MICRODEVICES INC            COM              749941100     8196  1517705 SH       SOLE                  1503222             14483
ROADRUNNER TRANSPORTATION      COM              76973Q105      151    10714 SH       SOLE                      129             10585
ROBBINS & MYERS INC            COM              770196103    14209   292659 SH       SOLE                   276169             16490
ROCK-TENN CO (CL A)            CLA              772739207     5987   103755 SH       SOLE                   103755
ROCKVILLE FINL                 COM              774188106     1133   109381 SH       SOLE                   108854               527
ROCKY BRANDS INC               COM              774515100     3595   398585 SH       SOLE                   380016             18569
ROFIN SINAR TECHNOLOGIES INC   COM              775043102    12084   528821 SH       SOLE                   487977             40844
ROLLINS INC                    COM              775711104    10452   470366 SH       SOLE                   440580             29786
RTI BIOLOGICS INC              COM              74975N105     2838   639130 SH       SOLE                   515605            123525
RUBY TUESDAY INC               COM              781182100     4040   585496 SH       SOLE                   483381            102115
RUSH ENTERPRISES INC (CL A)    CLA              781846209     1186    56683 SH       SOLE                    45708             10975
SABRA HEALTH CARE REIT INC     COM              78573L106     1088    90000 SH       SOLE                    72590             17410
SAIA INC                       COM              78709Y105      562    45000 SH       SOLE                    44783               217
SANDERSON FARMS INC            COM              800013104     6577   131191 SH       SOLE                   129225              1966
SANDRIDGE ENERGY INC           COM              80007P307     6894   844900 SH       SOLE                   680625            164275
SANMINA SCI CORP               COM              800907206    13828  1485253 SH       SOLE                  1315328            169925
SCANSOURCE INC                 COM              806037107    10335   287087 SH       SOLE                   263107             23980
SCBT FINL CORP                 COM              78401V102     1018    35089 SH       SOLE                    34920               169
SCHNITZER STEEL INDUSTRIES     CLA              806882106    14110   333719 SH       SOLE                   303158             30561
SEASPAN CORP                   COM              Y75638109     2338   170885 SH       SOLE                   155776             15109
SELECTICA INC                  COM              816288203      664   229873 SH       SOLE                   222887              6986
SENECA FOODS CORP (CL A)       CLA              817070501     6311   244418 SH       SOLE                   210986             33432
SENSIENT TECHNOLOGIES CORP     COM              81725T100    20235   533914 SH       SOLE                   480094             53820
SHILOH INDUSTRIES INC          COM              824543102      338    40302 SH       SOLE                    40067               235
SI FINL GRP INC                COM              78425V104      993   100779 SH       SOLE                   100295               484
SIFCO INDUSTRIES               COM              826546103     1249    62751 SH       SOLE                    58347              4404
SILGAN HLDGS INC               COM              827048109     2849    73720 SH       SOLE                    73720
SILICON GRAPHICS INTL          COM              82706L108      573    50000 SH       SOLE                    47644              2356
SILICON MOTION TECHNOLOGY CORP ADR              82706C108     4556   222480 SH       SOLE                   179305             43175
SIMMONS 1ST NATL CORP (CL A)   CLA              828730200     2560    94165 SH       SOLE                    78165             16000
SKILLED HEALTHCARE GRP INC     CLA              83066R107     1184   216921 SH       SOLE                   174911             42010
SL INDUSTRIES INC              COM              784413106     1274    78644 SH       SOLE                    74574              4070
SM ENERGY CO                   COM              78454L100     8829   120777 SH       SOLE                   113407              7370
SMITH & WESSON HLDG            COM              831756101      327    75000 SH       SOLE                    74638               362
SOLUTIA INC                    COM              834376501     5084   294235 SH       SOLE                   236710             57525
SOUTH JERSEY INDUSTRIES INC    COM              838518108    16830   296254 SH       SOLE                   278856             17398
SOUTHSIDE BANCSHARES INC       COM              84470P109      936    43223 SH       SOLE                    43004               219
SOUTHWEST BANCORP INC          COM              844767103     3303   554236 SH       SOLE                   545961              8275
SOUTHWEST GAS CORP             COM              844895102     2715    63888 SH       SOLE                    63888
SPARTAN STORES INC             COM              846822104     2957   159811 SH       SOLE                   128874             30937
SPARTECH CORP                  COM              847220209     3137   663264 SH       SOLE                   534824            128440
SPARTON CORP                   COM              847235108     1763   202697 SH       SOLE                   201723               974
SPECTRANETICS CORP             COM              84760C107      380    52692 SH       SOLE                    52435               257
SPECTRUM BRANDS HLDGS          COM              84763R101     7052   257390 SH       SOLE                   257390
SPIRIT AEROSYSTEMS HLDGS INC   CLA              848574109     4784   230200 SH       SOLE                   189700             40500
ST. JUDE MEDICAL INC           COM              790849103     2162    63025 SH       SOLE                    55375              7650
STAGE STORES INC               COM              85254C305      794    57195 SH       SOLE                    57195
STANDARD MICROSYSTEMS CORP     COM              853626109    13101   508371 SH       SOLE                   476382             31989
STANDEX INTL CORP              COM              854231107     3803   111303 SH       SOLE                   101695              9608
STATE BANK FINL CORP           COM              856190103      365    24178 SH       SOLE                    24062               116
STEALTHGAS INC                 COM              Y81669106     1169   302750 SH       SOLE                   243700             59050
STEEL DYNAMICS INC             COM              858119100     4263   324204 SH       SOLE                   233681             90523
STEEL EXCEL INC                COM              858122104     8778   365751 SH       SOLE                   350083             15668
STEINWAY MUSICAL INSTRUMENTS   COM              858495104     6970   278347 SH       SOLE                   266713             11634
STELLARONE CORP                COM              85856G100      735    64585 SH       SOLE                    64207               378
STEPAN CO                      COM              858586100    15966   199171 SH       SOLE                   189441              9730
STERIS CORP                    COM              859152100     8040   269630 SH       SOLE                   257815             11815
STERLING BANCORP               COM              859158107     1123   130000 SH       SOLE                   104900             25100
STIFEL FINL CORP               COM              860630102     9413   293712 SH       SOLE                   289320              4392
STILLWATER MINING CO           COM              86074Q102     5664   541500 SH       SOLE                   514200             27300
STONERIDGE INC                 COM              86183P102    10748  1274951 SH       SOLE                  1263782             11169
SUMMER INFANT INC              COM              865646103      495    70288 SH       SOLE                    69946               342
SUMMIT HOTEL PPTYS INC         COM              866082100     5586   591695 SH       SOLE                   582860              8835
SUN HEALTHCARE GRP INC         COM              86677E100      587   151203 SH       SOLE                   121923             29280
SUNSTONE HOTEL INVESTORS INC   COM              867892101     1835   225113 SH       SOLE                   206073             19040
SUPER MICRO COMPUTER INC       COM              86800U104     3876   247204 SH       SOLE                   203544             43660
SUPERIOR ENERGY SVCS INC       COM              868157108     2675    94049 SH       SOLE                    94049
SUPERTEL HOSPITALITY INC       COM              868526104      204   311725 SH       SOLE                   251775             59950
SUPERVALU INC                  COM              868536103     3357   413430 SH       SOLE                   335555             77875
SUPPORT.COM INC                COM              86858W101      503   223766 SH       SOLE                   169827             53939
SUSQUEHANNA BANCSHARES INC     COM              869099101    12527  1494893 SH       SOLE                  1457563             37330
SUSSER HLDGS CORP              COM              869233106     1134    50146 SH       SOLE                    47997              2149
SWK HLDGS CORP COM             COM              78501P104      249   303801 SH       SOLE                   302336              1465
SYKES ENTERPRISES INC          COM              871237103     9589   612310 SH       SOLE                   578350             33960
SYNALLOY CORP                  COM              871565107      482    46956 SH       SOLE                    46674               282
SYNNEX CORP                    COM              87162W100     8367   274681 SH       SOLE                   274681
SYNOVIS LIFE TECH INC          COM              87162G105      785    28217 SH       SOLE                    20367              7850
SYPRIS SOLUTIONS INC           COM              871655106     1099   280440 SH       SOLE                   243893             36547
TAKE-TWO INTERACTIVE SOFTWARE  COM              874054109     2006   148069 SH       SOLE                   148069
TANDY LEATHER FACTORY INC      COM              87538X105      438    89709 SH       SOLE                    89197               512
TECH DATA CORP                 COM              878237106    13509   273397 SH       SOLE                   252886             20511
TECUMSEH PRODS CO (CL A)       CLA              878895200      924   196598 SH       SOLE                   159550             37048
TECUMSEH PRODS CO (CL B)       CLB              878895101      650   146079 SH       SOLE                   122479             23600
TEKELEC                        COM              879101103    12427  1136961 SH       SOLE                  1074961             62000
TELECOMMUNICATION SYSTEMS INC  CLA              87929J103      753   320590 SH       SOLE                   258690             61900
TELEDYNE TECHNOLOGIES INC      COM              879360105    11509   209823 SH       SOLE                   206923              2900
TENNANT CO                     COM              880345103     1908    49078 SH       SOLE                    49078
TERRENO REALTY CORP            COM              88146M101     1452    95911 SH       SOLE                    77536             18375
TESCO CORP                     COM              88157K101     2465   195015 SH       SOLE                   195015
TESSCO TECHNOLOGIES INC        COM              872386107     3423   247697 SH       SOLE                   201016             46681
TETRA TECHNOLOGIES INC         COM              88162F105      139    14935 SH       SOLE                      180             14755
THESTREET INC                  COM              88368Q103      222   132100 SH       SOLE                   131458               642
TIER TECHNOLOGIES INC (CL B)   CLB              88650Q100     3699   848343 SH       SOLE                   826210             22133
TITAN MACHY INC                COM              88830R101      611    28126 SH       SOLE                    22675              5451
TNS INC                        COM              872960109    13963   787973 SH       SOLE                   748723             39250
TORCHMARK CORP                 COM              891027104     3955    91143 SH       SOLE                    64607             26536
TOWER BANCORP INC              COM              891709107     6756   236731 SH       SOLE                   219481             17250
TRACTOR SUPPLY CO              COM              892356106    13607   193971 SH       SOLE                   183181             10790
TRANSACT TECHNOLOGIES INC      COM              892918103      785   108119 SH       SOLE                    87194             20925
TRAVELCENTERS OF AMERICA LLC   COM              894174101     4167   980562 SH       SOLE                   792641            187921
TREEHOUSE FOODS INC            COM              89469A104     7114   108815 SH       SOLE                   103720              5095
TRIANGLE PETROLEUM CORP        COM              89600B201     3304   553402 SH       SOLE                   445114            108288
TRIMBLE NAVIGATION LTD         COM              896239100    17590   405307 SH       SOLE                   359389             45918
TRINITY BIOTECH PLC            ADR              896438306     8667   851422 SH       SOLE                   690237            161185
TRINITY INDUSTRIES INC         COM              896522109     2074    69000 SH       SOLE                    62900              6100
TRIQUINT SEMICONDUCTOR INC     COM              89674K103     6073  1246979 SH       SOLE                  1093144            153835
TRIUMPH GRP INC                COM              896818101    30681   524910 SH       SOLE                   506007             18903
TRONOX INC                     COM              897051306    10967    91390 SH       SOLE                    74615             16775
TRUSTMARK CORP                 COM              898402102      787    32385 SH       SOLE                    29535              2850
TRW AUTOMOTIVE HLDGS CORP      COM              87264S106     3749   115000 SH       SOLE                    92720             22280
TTM TECHNOLOGIES  INC          COM              87305R109     6512   594161 SH       SOLE                   477061            117100
TUESDAY MORNING CORP           COM              899035505      353   102313 SH       SOLE                   101811               502
TUTOR PERINI CORP              COM              901109108     2376   192575 SH       SOLE                   154800             37775
TWIN DISC INC                  COM              901476101     1768    48686 SH       SOLE                    48449               237
TWO HARBORS INVESTMENT CORP    COM              90187B101     4900   530265 SH       SOLE                   427500            102765
UGI CORP                       COM              902681105     3352   114008 SH       SOLE                    81482             32526
UIL HLDGS CORP                 COM              902748102     3390    95844 SH       SOLE                    95844
ULTRA CLEAN HLDGS INC          COM              90385V107     2091   342270 SH       SOLE                   276870             65400
ULTRA PETROLEUM CORP           COM              903914109     2121    71569 SH       SOLE                    51248             20321
ULTRALIFE CORP                 COM              903899102      931   231703 SH       SOLE                   187150             44553
ULTRAPETROL BAHAMAS LTD        COM              P94398107     1499   503119 SH       SOLE                   405070             98049
UMB FINL CORP                  COM              902788108     9566   256800 SH       SOLE                   241265             15535
UMPQUA HLDGS CORP              COM              904214103    15205  1227239 SH       SOLE                  1167671             59568
UNIFIRST CORP                  COM              904708104    11104   195692 SH       SOLE                   181417             14275
UNION DRILLING INC             COM              90653P105      930   149066 SH       SOLE                   120241             28825
UNISOURCE ENERGY CORP          COM              909205106     2682    72639 SH       SOLE                    58589             14050
UNISYS CORP                    COM              909214306     7515   381274 SH       SOLE                   313211             68063
UNIT CORP                      COM              909218109     4754   102466 SH       SOLE                    82441             20025
UNITED FINL BANCORP INC        COM              91030T109     3039   188860 SH       SOLE                   166063             22797
UNITED STATES ANTIMONY CORP    COM              911549103      595   247800 SH       SOLE                   246597              1203
UNITIL CORP                    COM              913259107     6266   220779 SH       SOLE                   186998             33781
UNIVERSAL ELECTRONICS INC      COM              913483103     3161   187363 SH       SOLE                   187363
UNIVERSAL FOREST PRODUCTS INC  COM              913543104    13161   426323 SH       SOLE                   401589             24734
UNIVEST CORP                   COM              915271100     2130   145524 SH       SOLE                   140605              4919
URANIUM ENERGY CORP            COM              916896103      352   114950 SH       SOLE                    93775             21175
URSTADT BIDDLE PPTYS INC       CLA              917286205    11296   624790 SH       SOLE                   542001             82789
US AIRWAYS GRP INC             COM              90341W108     4384   864675 SH       SOLE                   696700            167975
US ECOLOGY INC                 COM              91732J102     1562    83164 SH       SOLE                    82759               405
USANA HEALTH SCIENCES INC      COM              90328M107     3165   104199 SH       SOLE                    83997             20202
VALERO ENERGY CORP             COM              91913Y100     2215   105219 SH       SOLE                    91012             14207
VALLEY NATIONAL BANCORP        COM              919794107     1109    89690 SH       SOLE                    81770              7920
VALMONT INDUSTRIES INC         COM              920253101     9701   106853 SH       SOLE                    97247              9606
VALSPAR CORP                   COM              920355104     3874    99397 SH       SOLE                    70493             28904
VALUECLICK INC                 COM              92046N102     3796   233054 SH       SOLE                   222039             11015
VANGUARD HEALTH SYSTEMS INC    COM              922036207     4596   449745 SH       SOLE                   362533             87212
VECTREN CORP                   COM              92240G101     7172   237264 SH       SOLE                   191814             45450
VENOCO INC                     COM              92275P307     4876   720256 SH       SOLE                   703464             16792
VIEWPOINT FINL GRP INC         COM              92672A101    13713  1054030 SH       SOLE                   970485             83545
VISHAY PRECISION GRP INC       COM              92835K103      626    39204 SH       SOLE                    39008               196
VSE CORP                       COM              918284100      986    40602 SH       SOLE                    40370               232
W.R. GRACE & CO                COM              38388F108     4924   107225 SH       SOLE                    91670             15555
WABTEC                         COM              929740108    18518   264739 SH       SOLE                   251099             13640
WALKER & DUNLOP INC            COM              93148P102     4007   319005 SH       SOLE                   319005
WARREN RESOURCES INC           COM              93564A100      241    74000 SH       SOLE                    59725             14275
WASHINGTON BANKING CO          COM              937303105      654    54887 SH       SOLE                    54572               315
WASHINGTON FEDERAL INC         COM              938824109     9595   685851 SH       SOLE                   670319             15532
WASHINGTON REIT                COM              939653101     8593   314188 SH       SOLE                   291256             22932
WATERS CORP                    COM              941848103     1359    18357 SH       SOLE                    15931              2426
WCA WASTE CORP                 COM              92926K103      369    56650 SH       SOLE                    56650
WEB.COM GRP INC                COM              94733A104     6837   597076 SH       SOLE                   491852            105224
WEBMD HEALTH CORP              COM              94770V102      563    15000 SH       SOLE                    13700              1300
WEBSTER FINL CORP              COM              947890109      610    29925 SH       SOLE                    27725              2200
WENDYS CO                      COM              95058W100     1487   277500 SH       SOLE                   253005             24495
WEST PHARMACEUTICAL SVCS       COM              955306105    13195   347689 SH       SOLE                   328164             19525
WESTAR ENERGY INC              COM              95709T100    24697   858119 SH       SOLE                   742707            115412
WESTELL TECHNOLOGIES INC       CLA              957541105      222   100000 SH       SOLE                    99518               482
WESTERN REFINING INC           COM              959319104     5843   439689 SH       SOLE                   433089              6600
WESTFIELD FINL INC             COM              96008P104     3087   419475 SH       SOLE                   388848             30627
WET SEAL INC (CL A)            CLA              961840105     2827   867275 SH       SOLE                   698825            168450
WHITING PETROLEUM CORP         COM              966387102     2431    52076 SH       SOLE                    35775             16301
WINN DIXIE STORES INC          COM              974280307     6819   726995 SH       SOLE                   595588            131407
WINTRUST FINL CORP             COM              97650W108     6989   249146 SH       SOLE                   223126             26020
WMS INDUSTRIES INC             COM              929297109    18985   925173 SH       SOLE                   860870             64303
WOLVERINE WORLD WIDE INC       COM              978097103    26905   754912 SH       SOLE                   723337             31575
WOODWARD INC                   COM              980745103    20407   498589 SH       SOLE                   482869             15720
WPCS INTL INC                  COM              92931L203      389   231360 SH       SOLE                   208960             22400
XCEL ENERGY INC                COM              98389B100     3483   126027 SH       SOLE                    87775             38252
XTREME COIL DRILLING CORP      COM              98417D102     2731   741649 SH       SOLE                   245349            496300
XYRATEX LTD                    COM              G98268108     3786   284254 SH       SOLE                   229429             54825
ZIMMER HLDGS INC               COM              98956P102     2116    39612 SH       SOLE                    26826             12786
ZIONS BANCORPORATION           COM              989701107     7300   448374 SH       SOLE                   346688            101686
ZIX CORP                       COM              98974P100      169    60000 SH       SOLE                    59708               292
ZOLL MED CORP                  COM              989922109    32693   517462 SH       SOLE                   499839             17623
ZYGO CORP                      COM              989855101      411    23295 SH       SOLE                    23182               113
ACCESS PHARM - PHYSICAL WARRAN WT               983KLN905       15    78638 SH       SOLE                    64860             13778
GENCORP INC                    CONV             368682AN0     2522  2798000 PRN      SOLE                  2547850            250150