13F-HR 1 d13fhr.txt HEARTLAND ADVISORS, INC. 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, 2004 Check here if Amendment [ ]; Amendment Number :______________ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Heartland Advisors, Inc. Address: 789 N. Water St. Milwaukee, WI 53202 Form 13F File Number: 28-3516 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Paul T. Beste Title: Chief Operating Officer Phone: 414-347-7777 Signature, Place and Date of Signing: Paul T. Beste Milwaukee, Wisconsin February 11, 2005 ------------- -------------------- ----------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s). Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 336 Form 13F Information Table Value Total: $ 2660339 ----------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE

VALUE VOTING (X SHARES SH/ PUT/ INVSTMT OTHER AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP $1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE SCHULMAN A INC COM 808194104 2168 101255 SH SOLE 100400 0 0 AAR CORP COM 000361105 3405 250000 SH SOLE 250000 0 0 AP PHARMA INC COM 00202J104 2568 1556500 SH SOLE 1523200 0 21300 ACCESS PHARMACEUTICALS INC COM NEW 00431M209 6072 1715300 SH SOLE 1590100 0 120900 ACTUATE CORP COM 00508B102 893 350000 SH SOLE 350000 0 0 ADAPTEC INC COM 00651F108 9090 1197600 SH SOLE 1143900 0 0 ADVANCED MARKETING SVCS INC COM 00753T105 3669 364700 SH SOLE 359700 0 0 AGILYSYS INC COM 00847J105 6856 400000 SH SOLE 400000 0 0 AGRIUM INC COM 008916108 13395 793840 SH SOLE 757295 0 20000 AIR METHODS CORP COM PAR $.06 009128307 4455 518000 SH SOLE 515300 0 0 AIRNET SYS INC COM 009417106 4957 1420400 SH SOLE 1315400 0 90000 ALLEGHENY ENERGY INC COM 017361106 3792 192400 SH SOLE 183800 0 0 ALLIANCE ATLANTIS COMMUNICAT CL B NON-VTG 01853E204 40879 1495312 SH SOLE 1357800 0 130012 ALLIANCE SEMICONDUCTOR CORP COM 01877H100 594 160458 SH SOLE 158758 0 0 ALLIED DEFENSE GROUP INC COM 019118108 6675 300000 SH SOLE 300000 0 0 ALLSTATE CORP COM 020002101 3795 73381 SH SOLE 70081 0 100 ALMOST FAMILY INC COM 020409108 3613 250000 SH SOLE 250000 0 0 ALPHARMA INC CL A 020813101 39650 2339258 SH SOLE 2178250 0 127500 AMERUS GROUP CO COM 03072M108 13590 300000 SH SOLE 300000 0 0 AMERCO COM 023586100 16093 350000 SH SOLE 350000 0 0 AMERICAN PHYSICIANS SVC GROU COM 028882108 1937 186454 SH SOLE 185649 0 0 ANADARKO PETE CORP COM 032511107 3636 56095 SH SOLE 54140 0 0 ANALOGIC CORP COM PAR $0.05 032657207 23634 527652 SH SOLE 477700 0 44350 ANALYSTS INTL CORP COM 032681108 5600 1400000 SH SOLE 1400000 0 0 ANDREW CORP COM 034425108 1847 135505 SH SOLE 126040 0 0 ANDRX CORP DEL ANDRX GROUP 034553107 10967 502400 SH SOLE 501500 0 500 ANSWERTHINK INC COM 036916104 466 100000 SH SOLE 100000 0 0 APHTON CORP COM 03759P101 12453 4004272 SH SOLE 3429272 0 439300 APOGEE ENTERPRISES INC COM 037598109 7884 587900 SH SOLE 581900 0 6000 ARIBA INC COM NEW 04033V203 8353 503200 SH SOLE 502400 0 0 ASCENTIAL SOFTWARE CORP COM NEW 04362P207 432 26500 SH SOLE 22200 0 2300 ASHWORTH INC COM 04516H101 7623 700000 SH SOLE 700000 0 0 ASSOCIATED BANC CORP COM 045487105 15005 451816 SH SOLE 450864 0 0 ASSURED GUARANTY LTD COM G0585R106 9851 500800 SH SOLE 500000 0 0 AT ROAD INC COM 04648K105 278 40200 SH SOLE 35900 0 3100 AUTOZONE INC COM 053332102 3071 33630 SH SOLE 32830 0 0 AVNET INC COM 053807103 3111 170550 SH SOLE 164950 0 0 AXCELIS TECHNOLOGIES INC COM 054540109 1626 200000 SH SOLE 200000 0 0 B & G FOODS INC NEW UNIT 99/99/9999 05508R205 3371 225000 SH SOLE 225000 0 0 BADGER METER INC COM 056525108 17425 581800 SH SOLE 529800 0 49000 BANKNORTH GROUP INC NEW COM 06646R107 8530 233050 SH SOLE 229750 0 2300 BARNES GROUP INC COM 067806109 7953 300000 SH SOLE 300000 0 0 BARRETT BUSINESS SERVICES IN COM 068463108 9506 689840 SH SOLE 660940 0 28900 BEARINGPOINT INC COM 074002106 49810 6203050 SH SOLE 5851450 0 223200 BEVERLY ENTERPRISES INC COM NEW 087851309 11538 1261000 SH SOLE 1259500 0 0 BIOSITE INC COM 090945106 12308 200000 SH SOLE 200000 0 0 BIOVAIL CORP COM 09067J109 12320 746635 SH SOLE 741935 0 0 BOMBAY CO INC COM 097924104 830 150000 SH SOLE 150000 0 0 BORG WARNER INC COM 099724106 3245 59900 SH SOLE 59900 0 0

BORLAND SOFTWARE CORP COM 099849101 41208 3528100 SH SOLE 3402000 0 73300 BOSTON COMMUNICATIONS GROUP COM 100582105 7792 843250 SH SOLE 812550 0 0 BROADWING CORP COM 11161E101 4857 533200 SH SOLE 295300 0 162400 BUCA INC COM 117769109 15322 2201365 SH SOLE 1847250 0 258615 BUILDING MATLS HLDG CORP COM 120113105 6180 161400 SH SOLE 161400 0 0 BUNGE LIMITED COM G16962105 10108 177300 SH SOLE 176900 0 400 CNS INC COM 126136100 7627 607700 SH SOLE 607700 0 0 CP SHIPS LTD COM 22409V102 1433 100000 SH SOLE 100000 0 0 CALGON CARBON CORP COM 129603106 4577 504100 SH SOLE 503500 0 0 CAMBIOR INC COM 13201L954 8028 3000000 SH SOLE 3000000 0 0 CAPITAL CORP OF THE WEST COM 140065103 10749 228690 SH SOLE 228690 0 0 CAPITAL LEASE FDG INC COM 140288101 5000 400000 SH SOLE 400000 0 0 CASUAL MALE RETAIL GRP INC COM 148711104 5450 1000000 SH SOLE 1000000 0 0 CENTRAL PKG CORP COM 154785109 2665 175900 SH SOLE 174100 0 0 CEVA INC COM 157210105 4554 500000 SH SOLE 500000 0 0 CHAMPS ENTMT INC DEL COM 158787101 2586 300000 SH SOLE 300000 0 0 CHECKPOINT SYS INC COM 162825103 2747 152200 SH SOLE 151900 0 300 CHIQUITA BRANDS INTL INC COM 170032809 3932 178250 SH SOLE 172250 0 200 CHOLESTECH CORP COM 170393102 1254 154000 SH SOLE 154000 0 0 CHRONIMED INC COM 171164106 11498 1760826 SH SOLE 1465926 0 223300 CLARK INC COM 181457102 2510 161700 SH SOLE 161700 0 0 WILLIAMS CLAYTON ENERGY INC COM 969490101 15681 684741 SH SOLE 635770 0 45471 COMFORT SYS USA INC COM 199908104 6262 815300 SH SOLE 809600 0 5700 COMPEX TECHNOLOGIES INC COM 204513105 3097 663100 SH SOLE 629100 0 30000 COMPUTER NETWORK TECHNOLOGY COM 204925101 31185 4392300 SH SOLE 3686600 0 472100 CONOCOPHILLIPS COM 20825C104 3977 45801 SH SOLE 44051 0 100 CONVERGYS CORP COM 212485106 7870 525000 SH SOLE 525000 0 0 COOPER TIRE & RUBR CO COM 216831107 1003 46550 SH SOLE 24850 0 0 COVANSYS CORP COM 22281W103 16295 1065000 SH SOLE 1065000 0 0 COVENANT TRANS INC CL A 22284P105 9369 450000 SH SOLE 450000 0 0 CRITICARE SYS INC COM 226901106 1466 409400 SH SOLE 409400 0 0 CROSS CTRY HEALTHCARE INC COM 227483104 11237 621500 SH SOLE 592600 0 28900 CRYPTOLOGIC INC COM 228906103 1248 50000 SH SOLE 50000 0 0 CURON MED INC COM 231292103 3675 2100000 SH SOLE 2100000 0 0 DANKA BUSINESS SYS PLC SPONSORED ADR 236277109 3867 1223800 SH SOLE 1043300 0 7400 DARDEN RESTAURANTS INC SPONSORED ADR 237194105 5336 192371 SH SOLE 170251 0 0 DAXOR CORP COM 239467103 502 22000 SH SOLE 22000 0 0 DE RIGO S P A COM 245334107 3369 437500 SH SOLE 437500 0 0 DEAN FOODS CO NEW COM 242370104 3529 107104 SH SOLE 102900 0 0 DEB SHOPS INC COM 242728103 5534 221000 SH SOLE 221000 0 0 DEERE & CO COM 244199105 1365 18350 SH SOLE 17550 0 0 DIGITAS INC COM 25388K104 2449 256460 SH SOLE 252960 0 2100 DISCOVERY LABORATORIES INC N COM 254668106 27575 3477356 SH SOLE 3298656 0 81800 DISCOVERY PARTNERS INTL INC COM 254675101 15150 3189450 SH SOLE 2553250 0 477600 DOLLAR THRIFTY AUTOMOTIVE GP COM 256743105 8157 270100 SH SOLE 267700 0 0 DUCKWALL-ALCO STORES INC NEW COM 264142100 7998 453220 SH SOLE 446220 0 5000 DYNEGY INC NEW CL A 26816Q101 42492 9197400 SH SOLE 8375700 0 539100 EMS TECHNOLOGIES INC COM 26873N108 1679 101000 SH SOLE 100000 0 0 ELKCORP COM 287456107 2631 76875 SH SOLE 76575 0 0 EMAK WORLDWIDE INC COM 26861V104 180 17956 SH SOLE 17956 0 0 ENDOCARDIAL SOLUTIONS INC COM 292962107 11391 973600 SH SOLE 973200 0 0 ENESCO GROUP INC COM 292973104 5656 700000 SH SOLE 700000 0 0 EQUITY INNS INC COM 294703103 4275 364100 SH SOLE 290100 0 71000 EXPONENT INC COM 30214U102 12126 441100 SH SOLE 417100 0 23000 FTI CONSULTING INC COM 302941109 15866 753000 SH SOLE 712000 0 37800 FACTORY CARD OUTLET & PARTY COM 303051106 584 52100 SH SOLE 52100 0 0 FEDERAL SIGNAL CORP COM 313855108 8929 505600 SH SOLE 504100 0 200 FIRST CONSULTING GROUP INC COM 31986R103 3489 571100 SH SOLE 462900 0 7200 FLEXIBLE SOLUTIONS INTL INC COM 33938T104 373 92300 SH SOLE 92300 0 0 FLEXSTEEL INDS INC COM 339382103 992 56200 SH SOLE 28100 0 28100 FLOW INTL CORP COM 343468104 284 95100 SH SOLE 25700 0 69400 FOREST OIL CORP COM PAR $0.01 346091705 32686 1030450 SH SOLE 929950 0 70800 FRANKLIN BK CORP DEL COM 352451108 2519 138000 SH SOLE 113900 0 23600 FREESCALE SEMICONDUCTOR INC CL B 35687M206 466 25373 SH SOLE 24120 0 44 FREESCALE SEMICONDUCTOR INC COM CL A 35687M107 871 48855 SH SOLE 48855 0 0 FUEL-TECH N V COM 359523107 4670 1000000 SH SOLE 1000000 0 0 FUELCELL ENERGY INC COM 35952H106 13249 1338300 SH SOLE 1282000 0 50000 FURNITURE BRANDS INTL INC COM 360921100 3940 157300 SH SOLE 152400 0 200 GTC BIOTHERAPEUTICS INC COM 36238T104 1643 1080900 SH SOLE 1080900 0 0 GENELABS TECHNOLOGIES INC COM 368706107 1800 1500000 SH SOLE 1500000 0 0 GENENCOR INTL INC COM 368709101 21114 1287444 SH SOLE 1125344 0 134300 GENITOPE CORP COM 37229P507 35632 2091063 SH SOLE 1906513 0 115000 GENTEX CORP COM 371901109 1619 43720 SH SOLE 43420 0 0 GLATFELTER COM 377316104 5377 351900 SH SOLE 340300 0 700 GLOBAL INDS LTD COM 379336100 4145 500000 SH SOLE 500000 0 0 GLOBAL-TECH APPLIANCES INC ORD G39320109 10598 1186800 SH SOLE 1186800 0 0 GOREMOTE INTERNET COMMUNICAT COM 382859106 832 400000 SH SOLE 400000 0 0 GOODRICH CORP COM 382388106 4120 126235 SH SOLE 124285 0 0 GOVERNMENT PPTYS TR INC COM 38374W107 7464 757000 SH SOLE 614300 0 140000 GREAT LAKES CHEM CORP COM 390568103 80322 2819289 SH SOLE 2685140 0 98500 GULFMARK OFFSHORE INC COM 402629109 6708 301200 SH SOLE 301200 0 0 HCA INC COM 404119109 2014 50400 SH SOLE 50000 0 0 HMN FINL INC COM 40424G108 241 7500 SH SOLE 7500 0 0 HAMPSHIRE GROUP LTD COM 408859106 9451 300000 SH SOLE 300000 0 0 HARMONY GOLD MNG LTD SPONSORED ADR 413216300 10337 1115100 SH SOLE 1104800 0 400 HARVEST NATURAL RESOURCES IN COM 41754V103 26791 1551300 SH SOLE 1540100 0 9700 HEALTHSTREAM INC COM 42222N103 251 93500 SH SOLE 93500 0 0 HECLA MNG CO COM 422704106 9762 1674500 SH SOLE 1629500 0 45000 HELMERICH & PAYNE INC COM 423452101 9393 275950 SH SOLE 275550 0 0 SCHEIN HENRY INC COM 806407102 9091 130545 SH SOLE 121145 0 10000 HUMANA INC COM 444859102 6453 217350 SH SOLE 174350 0 300 HUNTINGTON BANCSHARES INC COM 446150104 2951 119100 SH SOLE 117800 0 200 IKON OFFICE SOLUTIONS INC COM 451713101 20599 1781900 SH SOLE 1711600 0 20000 ILLUMINA INC COM 452327109 1393 146900 SH SOLE 139900 0 5000 IMAGE SENSING SYS INC COM 45244C104 4230 249000 SH SOLE 0 0 0 IMATION CORP COM 45245A107 8018 251900 SH SOLE 251900 0 0 INDEPENDENT BANK CORP MASS COM 453836108 6455 191257 SH SOLE 190936 0 0 INPUT/OUTPUT INC COM 457652105 5525 625000 SH SOLE 590000 0 35000 INTEGRATED ALARM SVCS GROUP COM 45890M109 3123 571000 SH SOLE 571000 0 0 INTERDIGITAL COMMUNICATIONS COM 45866A105 89014 4027800 SH SOLE 3736900 0 200900 INTERVIDEO INC COM 46114Y101 5292 400000 SH SOLE 400000 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 4554 46198 SH SOLE 40548 0 0 INTERSECTIONS INC COM 460981301 3940 228400 SH SOLE 228400 0 0 IONICS INC COM 462218108 8668 200000 SH SOLE 200000 0 0 ISOLAGEN INC COM 46488N103 9873 1254500 SH SOLE 1254500 0 0 ITERIS INC COM 46564T107 2553 740000 SH SOLE 0 0 0 JACO ELECTRS INC COM 469783104 259 64700 SH SOLE 64700 0 0 JAKKS PAC INC COM 47012E106 17750 802800 SH SOLE 802500 0 0 JEFFERSON PILOT CORP COM 475070108 3292 63351 SH SOLE 61050 0 100 SANFILIPPO JOHN B & SON INC COM 800422107 9246 358650 SH SOLE 336700 0 3450 K TRON INTL INC COM 482730108 4907 194585 SH SOLE 153700 0 40885 K2 INC COM 482732104 8740 550400 SH SOLE 550400 0 0 KENDLE INTERNATIONAL INC COM 48880L107 9284 1055000 SH SOLE 1023800 0 31200 KING PHARMACEUTICALS INC COM 495582108 11843 955115 SH SOLE 708475 0 182200 KINGSWAY FINL SVCS INC COM 496904103 18100 1142400 SH SOLE 1077800 0 60000 KNIGHT TRADING GROUP INC COM 499063105 5519 504000 SH SOLE 504000 0 0 KONINKLIJKE PHILIPS ELECTRS NY REG SH NEW 500472303 2812 106115 SH SOLE 105715 0 0 LSI INDS INC COM 50216C108 2863 250000 SH SOLE 250000 0 0 LAFARGE NORTH AMERICA INC COM 505862102 1240 24160 SH SOLE 23760 0 200 LANDEC CORP COM 514766104 2736 400000 SH SOLE 400000 0 0 LANTRONIX INC COM 516548104 5655 5599500 SH SOLE 5599500 0 0 LEARNING CARE GROUP INC COM 52200L102 137 42300 SH SOLE 0 0 0 LIFECORE BIOMEDICAL INC COM 532187101 15983 1419460 SH SOLE 1289260 0 126500 LIONBRIDGE TECHNOLOGIES INC COM 536252109 3406 506900 SH SOLE 506400 0 0 LUBRIZOL CORP COM 549271104 9996 271200 SH SOLE 268200 0 2500 MAPICS INC COM 564910107 16275 1542700 SH SOLE 1395100 0 92600 MFRI INC COM 552721102 7362 663200 SH SOLE 663200 0 0 MACE SEC INTL INC COM 554335208 480 100000 SH SOLE 0 0 0 MAIR HOLDINGS INC COM 560635104 6850 744600 SH SOLE 628400 0 86600 MARCUS CORP COM 566330106 2552 101500 SH SOLE 101100 0 0 MARSHALL & ILSLEY CORP COM 571834100 1549 35052 SH SOLE 32102 0 400 MARTEN TRANS LTD COM 573075108 11820 520000 SH SOLE 520000 0 0 MATRIXX INITIATIVES INC COM 57685L105 1159 100000 SH SOLE 100000 0 0 MEADOWBROOK INS GROUP INC COM 58319P108 5397 1081500 SH SOLE 1081500 0 0 MED-DESIGN CORP COM 583926100 48 37000 SH SOLE 7000 0 30000 MEDTOX SCIENTIFIC INC COM NEW 584977201 7926 880650 SH SOLE 831750 0 42900 MEDWAVE INC COM 585081102 4401 900000 SH SOLE 900000 0 0 MENTOR GRAPHICS CORP COM 587200106 11223 734000 SH SOLE 729200 0 3700 MERCK & CO INC COM 589331107 1960 60984 SH SOLE 59384 0 100 MESA AIR GROUP INC COM 590479101 5319 669900 SH SOLE 668900 0 0 MET PRO CORP COM 590876306 3990 300000 SH SOLE 300000 0 0 METHODE ELECTRS INC COM 591520200 7068 550000 SH SOLE 550000 0 0 MIDWEST AIR GROUP INC COM 597911106 4758 1635000 SH SOLE 1585000 0 50000 MILLER INDS INC TENN COM NEW 600551204 3390 300000 SH SOLE 300000 0 0 MISSION RESOURCES CORP COM 605109107 3255 557400 SH SOLE 557400 0 0 MOCON INC COM 607494101 1569 160245 SH SOLE 160245 0 0 MONTEREY GOURMET FOODS INC COM 612570101 1933 571757 SH SOLE 566757 0 0 MOTHERS WK INC COM 619903107 2723 200000 SH SOLE 200000 0 0 MOTOROLA INC COM 620076109 4284 249091 SH SOLE 238291 0 400 MULTIMEDIA GAMES INC COM 625453105 31777 2016300 SH SOLE 1771300 0 173100 NATCO GROUP INC CL A 63227W203 16555 1881300 SH SOLE 1545800 0 249800 NICOR INC COM 654086107 9974 270000 SH SOLE 270000 0 0 NRG ENERGY INC COM NEW 629377508 5204 144350 SH SOLE 140150 0 200 NAM TAI ELECTRS INC COM PAR $0.02 629865205 8572 445300 SH SOLE 440300 0 8500 NATIONAL HOME HEALTH CARE CO COM 636380107 5777 441000 SH SOLE 441000 0 0 NATIONAL-OILWELL INC COM 637071101 429 12157 SH SOLE 10862 0 700 NATROL INC COM 638789107 1676 500000 SH SOLE 500000 0 0 NATURES SUNSHINE PRODUCTS IN COM 639027101 14073 691210 SH SOLE 607600 0 46410 NORTEL NETWORKS CORP NEW COM 656568102 26392 7562300 SH SOLE 7282800 0 60000 NORTHWEST PIPE CO COM 667746101 9366 375401 SH SOLE 350101 0 25300 NOVELL INC COM 670006105 23849 3533200 SH SOLE 3223600 0 202600 NU SKIN ENTERPRISES INC CL A 67018T105 10152 400000 SH SOLE 400000 0 0 O CHARLEYS INC COM 670823103 1955 100000 SH SOLE 100000 0 0 O I CORP COM 670841105 2339 245900 SH SOLE 245900 0 0 OSI SYSTEMS INC COM 671044105 4542 200000 SH SOLE 200000 0 0 OAKLEY INC COM 673662102 7650 600000 SH SOLE 600000 0 0 OIL DRI CORP AMER COM 677864100 13233 726700 SH SOLE 673300 0 53400 ON ASSIGNMENT INC COM 682159108 4303 829000 SH SOLE 828000 0 0 OPINION RESH CORP COM 683755102 538 80462 SH SOLE 80462 0 0 OPPENHEIMER HLDGS INC CL A NON VTG 683797104 2296 90000 SH SOLE 90000 0 0 ORTHOLOGIC CORP COM 68750J107 28531 4564900 SH SOLE 3985700 0 428900 ORTHOVITA INC COM 68750U102 4729 1128572 SH SOLE 1128572 0 0 OSTEOTECH INC COM 688582105 8216 1493900 SH SOLE 1274100 0 202600 OUTLOOK GROUP CORP COM 690113105 2769 350000 SH SOLE 350000 0 0 PC CONNECTION COM 69318J100 524 55000 SH SOLE 0 0 0 PRAECIS PHARMACEUTICALS INC COM 739421105 3448 1814844 SH SOLE 1714844 0 100000 PRG-SCHULTZ INTERNATIONAL IN COM 69357C107 5664 1126100 SH SOLE 1122900 0 0 PXRE GROUP LTD COM G73018106 13166 522256 SH SOLE 490700 0 28500 PAR PHARMACEUTICAL COS INC COM 69888P106 9327 225400 SH SOLE 225000 0 0 PARAMETRIC TECHNOLOGY CORP COM 699173100 9424 1600000 SH SOLE 1600000 0 0 PAREXEL INTL CORP COM 699462107 9634 474600 SH SOLE 460500 0 11600 PARLEX CORP COM 701630105 1576 210161 SH SOLE 210161 0 0 PATRICK INDS INC COM 703343103 4465 448710 SH SOLE 368325 0 80385 PER-SE TECHNOLOGIES INC COM NEW 713569309 1108 70000 SH SOLE 70000 0 0 PEROT SYS CORP CL A 714265105 8015 500000 SH SOLE 500000 0 0 PERRIGO CO COM 714290103 650 37650 SH SOLE 32650 0 1200 PETROKAZAKHSTAN INC COM 71649P102 11326 305100 SH SOLE 300000 0 0 PFIZER INC COM 717081103 3243 120600 SH SOLE 117100 0 200 PHOENIX COS INC NEW COM 71902E109 3750 300000 SH SOLE 300000 0 0 PLAINS EXPL& PRODTN CO COM 726505100 11221 431582 SH SOLE 402582 0 27000 PLATO LEARNING INC COM 72764Y100 12328 1654800 SH SOLE 1409900 0 187200 POINT 360 COM 730698107 224 61900 SH SOLE 61900 0 0 POLYONE CORP COM 73179P106 1359 150000 SH SOLE 150000 0 0 POORE BROS INC COM 732813100 3920 1123150 SH SOLE 1123150 0 0 POTASH CORP OF SASK INC COM 73755L107 2086 25100 SH SOLE 25100 0 0 POWELL INDS INC COM 739128106 2047 110700 SH SOLE 110700 0 0 POWERWAVE TECHNOLOGIES INC COM 739363109 12560 1481100 SH SOLE 1321600 0 108000 PRESIDENTIAL LIFE CORP COM 740884101 17138 1010523 SH SOLE 1006500 0 0 PRICELINE COM INC COM NEW 741503403 8216 348300 SH SOLE 311000 0 13200 PRINCETON REVIEW INC COM 742352107 1845 300000 SH SOLE 300000 0 0 PROTECTIVE LIFE CORP COM 743674103 8538 200000 SH SOLE 200000 0 0 PURECYCLE CORP COM NEW 746228303 4400 500000 SH SOLE 500000 0 0 QUOVADX INC COM 74913K106 13924 5825900 SH SOLE 5261700 0 250000 RCM TECHNOLOGIES INC COM NEW 749360400 8060 1602100 SH SOLE 1384500 0 212800 RPM INTL INC COM 749685103 4411 224358 SH SOLE 215758 0 1500 REALNETWORKS INC COM 75605L104 8292 1252500 SH SOLE 1252500 0 0 REGIS CORP MINN COM 758932107 19411 420600 SH SOLE 420600 0 0 RIO NARCEA GOLD MINES INC COM 766909105 1135 500000 SH SOLE 500000 0 0 RITE AID CORP COM 767754104 5527 1510000 SH SOLE 1510000 0 0 ROANOKE ELEC STL CORP COM 769841107 5321 257424 SH SOLE 257424 0 0 RUBY TUESDAY INC COM 781182100 1489 57100 SH SOLE 56500 0 0 RYDER SYS INC COM 783549108 4434 92810 SH SOLE 91410 0 0 SRI/SURGICAL EXPRESS INC COM 78464W104 4012 808900 SH SOLE 682800 0 126100 SAPPI LTD SPON ADR NEW 803069202 9922 684300 SH SOLE 673600 0 5500 SARA LEE CORP COM 803111103 3681 152502 SH SOLE 148102 0 0 SAUCONY INC CL A 804120202 5112 188000 SH SOLE 188000 0 0 SCOTTISH RE GROUP LTD ORD G7885T104 10031 387300 SH SOLE 355900 0 30600 SEMCO ENERGY INC COM 78412D109 534 100000 SH SOLE 100000 0 0 SENESCO TECHNOLOGIES INC COM NEW 817208408 6311 1808400 SH SOLE 1752400 0 35000 SENSIENT TECHNOLOGIES CORP COM 81725T100 37610 1567735 SH SOLE 1534824 0 28300 SERVICE CORP INTL COM 817565104 23092 3099569 SH SOLE 2892424 0 197850 SHAW GROUP INC COM 820280105 8880 497500 SH SOLE 495400 0 1100 SHIRE PHARMACEUTICALS GRP PL SPONSORED ADR 82481R106 8796 275300 SH SOLE 275300 0 0 SHOE CARNIVAL INC COM 824889109 6572 505500 SH SOLE 505500 0 0 SHOLODGE INC COM 825034101 1958 450000 SH SOLE 450000 0 0 SHOPKO STORES INC COM 824911101 6084 325700 SH SOLE 325200 0 0 SIRNA THERAPEUTICS INC COM 829669100 3308 1046709 SH SOLE 1003379 0 27620 SITEL CORP COM 82980K107 13039 5300400 SH SOLE 5060400 0 92000 SMITH & WOLLENSKY RESTAURANT COM 831758107 5336 993600 SH SOLE 878600 0 106500 SONIC INNOVATIONS INC COM 83545M109 1169 280400 SH SOLE 277700 0 0 SONUS NETWORKS INC COM 835916107 31282 5459300 SH SOLE 5459300 0 0 SPAR GROUP INC COM 784933103 1364 1300000 SH SOLE 1300000 0 0 SPECIALTY LABORATORIES INC COM 84749R100 1104 100000 SH SOLE 100000 0 0 STAAR SURGICAL CO COM PAR $0.01 852312305 13111 2101200 SH SOLE 1582300 0 361100 STANDARD MTR PRODS INC COM 853666105 7505 475000 SH SOLE 475000 0 0 STARTEK INC COM 85569C107 9958 350000 SH SOLE 350000 0 0 STEMCELLS INC COM 85857R105 5510 1302632 SH SOLE 1302632 0 0 STERLING FINL CORP WASH COM 859319105 15994 407385 SH SOLE 407385 0 0 STIFEL FINL CORP COM 860630102 8874 423598 SH SOLE 405599 0 14666 STOLT OFFSHORES A SP ADR REG COM 861567105 1625 250000 SH SOLE 250000 0 0 STRATAGENE CORP COM 86269H107 1432 184740 SH SOLE 184740 0 0 STRATEGIC DIAGNOSTICS INC COM 862700101 441 125900 SH SOLE 0 0 0 STRIDE RITE CORP COM 863314100 7291 652700 SH SOLE 652700 0 0 SUMMIT BK CORP GA COM 866013105 2212 129200 SH SOLE 129200 0 0 SUN MICROSYSTEMS INC COM 866810104 538 100000 SH SOLE 100000 0 0 SUNTERRA CORP COM NEW 86787D208 14976 1066700 SH SOLE 960200 0 92600 SUPERIOR CONSULTANT HLDGS CO COM 868146101 8586 1017300 SH SOLE 1014000 0 3300 SWIFT TRANSN CO COM 870756103 9666 450000 SH SOLE 450000 0 0 SYNERGX SYSTEMS INC COM 87160C106 1744 490000 SH SOLE 0 0 0 T-3 ENERGY SRVCS INC COM 87306E107 189 26510 SH SOLE 26510 0 0 TODCO CL A 88889T107 1842 100000 SH SOLE 100000 0 0 TELETECH HOLDINGS INC COM 879939106 5255 542300 SH SOLE 539600 0 2700 TELEFONOS DE MEXICO S A SPON ADR ORD L 879403780 3404 88828 SH SOLE 83377 0 200 TEXAS INDS INC COM 882491103 487 7815 SH SOLE 6715 0 0 GEO GROUP INC COM 36159R103 13452 506100 SH SOLE 506100 0 0 PEP BOYS MANNY MOE & JACK COM 713278109 11130 652000 SH SOLE 652000 0 0 THIRD WAVE TECHNOLOGIES INC COM 88428W108 90 10500 SH SOLE 10500 0 0 TIDEWATER INC COM 886423102 13673 383968 SH SOLE 374456 0 4200 TITAN PHARMACEUTICALS INC DE COM 888314101 805 250000 SH SOLE 250000 0 0 HILFIGER TOMMY CORP ORD G8915Z102 9885 876300 SH SOLE 854200 0 21000 TRANSOCEAN INC ORD G90078109 253 5973 SH SOLE 5523 0 0 TRIUMPH GROUP INC NEW COM 896818101 3555 90000 SH SOLE 88300 0 0 TWEETER HOME ENTMT GROUP INC COM 901167106 343 50000 SH SOLE 0 0 0 TYSON FOODS INC CL A 902494103 1927 104740 SH SOLE 101140 0 0 URS CORP NEW COM 903236107 19075 594250 SH SOLE 585250 0 8500 UNION PAC CORP COM 907818108 4438 65991 SH SOLE 63641 0 200 UNUMPROVIDENT CORP COM 91529Y106 14493 807854 SH SOLE 798354 0 300 URSTADT BIDDLE PPTYS INS CL A 917286205 813 47700 SH SOLE 43700 0 4000 VESTA INS GROUP INC COM 925391104 9458 2570225 SH SOLE 2450800 0 111800 VIDESH SANCHAR NIGAM LTD SPON ADR NEW 92659G600 6168 600000 SH SOLE 600000 0 0 VINTAGE PETE INC COM 927460105 2718 119800 SH SOLE 116900 0 1900 VIVUS INC COM 928551100 1335 300000 SH SOLE 300000 0 0 VOLT INFORMATION SCIENCES IN COM 928703107 4068 138400 SH SOLE 137900 0 0 WCI CMNTYS INC COM 92923C104 1993 67780 SH SOLE 65080 0 0 WASHINGTON GROUP INTL INC COM 938862208 4436 107550 SH SOLE 104850 0 100 WASHINGTON MUT INC COM 939322103 2472 58473 SH SOLE 56673 0 0 WATCHGUARD TECHNOLOGIES INC COM 941105108 14314 3231177 SH SOLE 2880677 0 271000 WATERS INSTRS INC COM 941850109 1847 230000 SH SOLE 0 0 0 WAUSAU-MOSINEE PAPER CORP COM 943315101 9377 525000 SH SOLE 525000 0 0 WESTERN SILVER CORP COM 959531104 7753 856400 SH SOLE 850400 0 0 WHEATON RIV MINERALS LTD COM 962902102 11411 3510000 SH SOLE 3510000 0 0 WHITING PETE CORP NEW COM 966387102 6111 202000 SH SOLE 202000 0 0 WILLBROS GROUP INC COM 969199108 12023 521600 SH SOLE 507300 0 0 WINSTON HOTELS INC COM 97563A102 639 54100 SH SOLE 50100 0 3900 WISCONSIN ENERGY CORP COM 976657106 3129 92818 SH SOLE 88668 0 200 ZINDART LTD SPONSORED ADR 989597109 5661 1110000 SH SOLE 949600 0 160400 ZOMAX INC MINN COM 989929104 3719 904800 SH SOLE 890800 0 14000 TOTAL 2660339 TOTAL ENTRIES 336