13F-HR 1 v131906_13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2008 Check here if Amendment [_]; Amendment Number :______________ This Amendment (Check only one.): [_] is a restatement. [_] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Heartland Advisors, Inc. Address: 789 N. Water St. Suite 500 Milwaukee, WI 53202 Form 13F File Number: 28-3516 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Paul T. Beste Title: Chief Operating Officer Phone: 414-347-7777 Signature, Place and Date of Signing: /s/ Paul T. Beste Milwaukee, Wisconsin November 14, 2008 ------------------ -------------------- ----------------- [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: 256 --- Form 13F Information Table Value Total: $2,581,010 (thousands) ---------- List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE

VALUE SHARES SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X $1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ABB LTD SPONSORED ADR 000375204 8897 458630 SH SOLE 419990 0 38640 ABM INDS INC COM 000957100 7001 320575 SH SOLE 320575 0 0 ACCURAY INC COM 004397105 29895 3704420 SH SOLE 3525320 0 179100 ACETO CORP COM 004446100 2877 300000 SH SOLE 300000 0 0 ACTEL CORP COM 004934105 11500 921503 SH SOLE 921503 0 0 ACTIONS SEMICONDUCTOR CO LTD ADR 00507E107 2460 1000000 SH SOLE 1000000 0 0 ACTUATE CORP COM 00508B102 3500 1000000 SH SOLE 1000000 0 0 ADTRAN INC COM 00738A106 9711 498245 SH SOLE 461095 0 37150 AGRIA CORP SPONSORED ADR 00850H103 12742 3747600 SH SOLE 3554700 0 192900 AGRIUM INC COM 008916108 706 12123 SH SOLE 12123 0 0 ALBANY INTL CORP CL A 012348108 8624 315555 SH SOLE 290325 0 25230 ALCOA INC COM 013817101 7380 326818 SH SOLE 301718 0 25100 AMERICA SVC GROUP INC COM 02364L109 8425 885000 SH SOLE 885000 0 0 AMERICAN VANGUARD CORP COM 030371108 33228 2203475 SH SOLE 2203475 0 0 ANADARKO PETE CORP COM 032511107 7635 157384 SH SOLE 148454 0 8930 ANALYSTS INTL CORP COM 032681108 2649 2365000 SH SOLE 2365000 0 0 ANIMAL HEALTH INTL INC COM 03525N109 5109 620055 SH SOLE 620055 0 0 APPLIANCE RECYCLING CTRS AME COM NEW 03814F205 799 184127 SH SOLE 184127 0 0 APPLIED MATLS INC COM 038222105 628 41490 SH SOLE 40190 0 1300 APPLIED SIGNAL TECHNOLOGY IN COM 038237103 13698 788172 SH SOLE 788172 0 0 ASHFORD HOSPITALITY TR INC COM SHS 044103109 1934 477600 SH SOLE 420600 0 57000 ASHWORTH INC COM 04516H101 5469 1627619 SH SOLE 1565748 0 61871 ASSET ACCEP CAP CORP COM 04543P100 27611 2619625 SH SOLE 2539825 0 79800 AVANEX CORP COM NEW 05348W307 5013 1071197 SH SOLE 1071197 0 0 AVNET INC COM 053807103 9495 385520 SH SOLE 358210 0 27310 AVX CORP NEW COM 002444107 10322 1013000 SH SOLE 1013000 0 0 AXCELIS TECHNOLOGIES INC COM 054540109 4080 2400000 SH SOLE 2400000 0 0 BANK OF NEW YORK MELLON CORP COM 064058100 10182 312530 SH SOLE 290570 0 21960 BARRETT BUSINESS SERVICES IN COM 068463108 6288 484400 SH SOLE 484400 0 0 BASIN WTR INC COM 07011T306 2916 1584823 SH SOLE 1584823 0 0 BENCHMARK ELECTRS INC COM 08160H101 5179 367810 SH SOLE 305370 0 62440 BGC PARTNERS INC CL A 05541T101 14667 3418800 SH SOLE 3418800 0 0 BIOSCRIP INC COM 09069N108 21456 7199863 SH SOLE 6872563 0 327300 BLOCK H & R INC COM 093671105 13911 611490 SH SOLE 567360 0 44130 BOFI HLDG INC COM 05566U108 2308 400000 SH SOLE 400000 0 0 BRIGGS & STRATTON CORP COM 109043109 9354 578125 SH SOLE 578125 0 0 BRINKER INTL INC COM 109641100 5367 300000 SH SOLE 300000 0 0 BRISTOW GROUP INC COM 110394103 12736 376350 SH SOLE 376350 0 0 BROWN & BROWN INC COM 115236101 27615 1277300 SH SOLE 1277300 0 0 BROWN SHOE INC NEW COM 115736100 4914 300000 SH SOLE 300000 0 0 C D I CORP COM 125071100 12125 543000 SH SOLE 543000 0 0 C&D TECHNOLOGIES INC COM 124661109 2840 500000 SH SOLE 500000 0 0 CABOT CORP COM 127055101 6356 200000 SH SOLE 200000 0 0 CAL DIVE INTL INC DEL COM 12802T101 4092 386000 SH SOLE 362000 0 24000 CALLWAVE INC DEL COM 13126N101 1890 1000000 SH SOLE 1000000 0 0 CAMBREX CORP COM 132011107 6150 1000000 SH SOLE 1000000 0 0 CANTEL MEDICAL CORP COM 138098108 2017 209648 SH SOLE 209648 0 0 CARACO PHARMACEUTICAL LABS L COM 14075T107 6255 500000 SH SOLE 500000 0 0 CARLISLE COS INC COM 142339100 243 8120 SH SOLE 8120 0 0 CATAPULT COMMUNICATIONS CORP COM 149016107 1924 400000 SH SOLE 400000 0 0 CHEMED CORP NEW COM 16359R103 12909 314400 SH SOLE 314400 0 0 CHEMTURA CORP COM 163893100 30505 6689783 SH SOLE 6560283 0 129500 CIMAREX ENERGY CO COM 171798101 29261 598260 SH SOLE 597670 0 590 COGO GROUP INC COM 192448108 4078 773800 SH SOLE 773800 0 0 COHU INC COM 192576106 10025 633700 SH SOLE 633700 0 0 COLUMBIA SPORTSWEAR CO COM 198516106 13228 315250 SH SOLE 315250 0 0 COMPUTER TASK GROUP INC COM 205477102 12887 1982560 SH SOLE 1921206 0 61354 COMSTOCK RES INC COM NEW 205768203 25145 502400 SH SOLE 502400 0 0 CONMED CORP COM 207410101 19433 607275 SH SOLE 607275 0 0 CONOCOPHILLIPS COM 20825C104 8946 122124 SH SOLE 114669 0 7455 CONSTELLATION BRANDS INC CL A 21036P108 10573 492700 SH SOLE 458400 0 34300 COOPER COS INC COM NEW 216648402 15799 454525 SH SOLE 454525 0 0 COOPER TIRE & RUBR CO COM 216831107 15921 1851310 SH SOLE 1773560 0 77750 COVIDIEN LTD COM G2552X108 15002 279057 SH SOLE 260597 0 18460 COWEN GROUP INC COM 223621103 5985 700000 SH SOLE 700000 0 0 CTS CORP COM 126501105 9044 707700 SH SOLE 707700 0 0 DATASCOPE CORP COM 238113104 19490 377500 SH SOLE 377500 0 0 DIGIRAD CORP COM 253827109 2088 1800000 SH SOLE 1800000 0 0 DISCOVERY LABORATORIES INC N COM 254668106 14630 7823700 SH SOLE 7762800 0 60900 DITECH NETWORKS INC COM 25500T108 1785 1500000 SH SOLE 1500000 0 0 DOW CHEM CO COM 260543103 9985 314205 SH SOLE 291130 0 23075 DUCKWALL-ALCO STORES INC NEW COM 264142100 5615 380400 SH SOLE 380400 0 0 DYNAMICS RESH CORP COM 268057106 9650 1256458 SH SOLE 1199664 0 56794 EASTERN VA BANKSHARES INC COM 277196101 2581 204879 SH SOLE 203279 0 1600 EF JOHNSON TECHNOLOGIES INC COM 26843B101 2893 2314675 SH SOLE 2314675 0 0 EMRISE CORP COM 29246J101 191 529800 SH SOLE 529800 0 0 EMS TECHNOLOGIES INC COM 26873N108 7181 321890 SH SOLE 321890 0 0 ENCORE CAP GROUP INC COM 292554102 34645 2528850 SH SOLE 2401350 0 127500 ENDOCARE INC COM NEW 29264P203 603 401875 SH SOLE 398542 0 3333 ENSIGN GROUP INC COM 29358P101 8849 517800 SH SOLE 517800 0 0 EPIQ SYS INC COM 26882D109 6406 471018 SH SOLE 471018 0 0 EPLUS INC COM 294268107 3574 327882 SH SOLE 327882 0 0 EXPRESS 1 EXPEDITED SOLUTION COM 30217Q108 246 200000 SH SOLE 200000 0 0 EXTREME NETWORKS INC COM 30226D106 15844 4701544 SH SOLE 4573444 0 128100 FEDERAL SIGNAL CORP COM 313855108 50380 3677368 SH SOLE 3642668 0 34700 FIRSTCITY FINL CORP COM 33761X107 8293 1555900 SH SOLE 1487900 0 68000 FLANDERS CORP COM 338494107 16205 2572237 SH SOLE 2479337 0 92900 FLEXSTEEL INDS INC COM 339382103 1034 100000 SH SOLE 100000 0 0 FORCE PROTECTION INC COM NEW 345203202 18182 6784200 SH SOLE 6704200 0 80000 FOREST LABS INC COM 345838106 317 11200 SH SOLE 9200 0 2000 FORTUNE BRANDS INC COM 349631101 800 13950 SH SOLE 13830 0 120 FOUNDATION COAL HLDGS IN COM 35039W100 3558 100000 SH SOLE 100000 0 0 FRANKLIN RES INC COM 354613101 8966 101735 SH SOLE 92760 0 8975 FREDS INC CL A 356108100 21344 1500975 SH SOLE 1500975 0 0 FREIGHTCAR AMER INC COM 357023100 31168 1064850 SH SOLE 1064850 0 0 FRONTIER OIL CORP COM 35914P105 30547 1658380 SH SOLE 1619180 0 39200 FSI INTL INC COM 302633102 639 862895 SH SOLE 862895 0 0 FUELCELL ENERGY INC COM 35952H106 20161 3343500 SH SOLE 3321500 0 22000 GENERAL ELECTRIC CO COM 369604103 9395 368435 SH SOLE 339050 0 29385 GENTEX CORP COM 371901109 724 50601 SH SOLE 49426 0 1175 GLATFELTER COM 377316104 10204 753625 SH SOLE 720995 0 32630 GLOBAL INDS LTD COM 379336100 13153 1895250 SH SOLE 1895250 0 0 GLOBECOMM SYSTEMS INC COM 37956X103 2185 250000 SH SOLE 250000 0 0 GOODRICH CORP COM 382388106 9711 233445 SH SOLE 215175 0 18270 HAWTHORN BANCSHARES INC COM 420476103 2838 116463 SH SOLE 116463 0 0 HEALTHWAYS INC COM 422245100 1613 100000 SH SOLE 100000 0 0 HERLEY INDS INC DEL COM 427398102 5689 332719 SH SOLE 332719 0 0 HF FINL CORP COM 404172108 1873 144057 SH SOLE 144057 0 0 HI / FN INC COM 428358105 4296 1342526 SH SOLE 1342526 0 0 HILL ROM HLDGS INC COM 431475102 17941 591907 SH SOLE 591907 0 0 HLS SYSTEMS INTERNATIONAL LT USD COM G4604M106 13896 3269620 SH SOLE 3269620 0 0 HOME DIAGNOSTICS INC DEL COM 437080104 1936 200000 SH SOLE 200000 0 0 HOOPER HOLMES INC COM 439104100 16756 12888907 SH SOLE 12384400 0 504507 HORSEHEAD HLDG CORP COM 440694305 1770 300000 SH SOLE 300000 0 0 HOSPIRA INC COM 441060100 8916 233400 SH SOLE 217100 0 16300 HUDSON HIGHLAND GROUP INC COM 443792106 6950 1000000 SH SOLE 1000000 0 0 HUMANA INC COM 444859102 10149 246345 SH SOLE 226095 0 20250 IAMGOLD CORP COM 450913108 32318 5824820 SH SOLE 5540340 0 284480 IMAGE SENSING SYS INC COM 45244C104 1229 111200 SH SOLE 111200 0 0 INSTEEL INDUSTRIES INC COM 45774W108 3398 250000 SH SOLE 250000 0 0 INTEGRYS ENERGY GROUP INC COM 45822P105 13049 261285 SH SOLE 242410 0 18875 INTEL CORP COM 458140100 3764 200940 SH SOLE 175940 0 25000 INTERDIGITAL INC COM 45867G101 90265 3753225 SH SOLE 3693825 0 59400 INTERSECTIONS INC COM 460981301 18863 2320229 SH SOLE 2231550 0 88679 INVACARE CORP COM 461203101 10301 426700 SH SOLE 426700 0 0 INVENTURE GROUP INC COM 461214108 4637 2727717 SH SOLE 2727717 0 0 ISOLAGEN INC COM 46488N103 1940 2552163 SH SOLE 2552163 0 0 JOHNSON & JOHNSON COM 478160104 11237 162195 SH SOLE 150765 0 11430 JOHNSON CTLS INC COM 478366107 10220 336950 SH SOLE 311430 0 25520 KAISER ALUMINUM CORP COM PAR $0.01 483007704 13469 313600 SH SOLE 313600 0 0 KBR INC COM 48242W106 16797 1100000 SH SOLE 1100000 0 0 KHD HUMBOLT WEDAG INTL LTD COM 482462108 7748 403975 SH SOLE 360725 0 43250 KOHLS CORP COM 500255104 10499 227850 SH SOLE 208875 0 18975 KOPIN CORP COM 500600101 1733 555411 SH SOLE 555411 0 0 LACROSSE FOOTWARE INC COM 505688101 2201 137590 SH SOLE 137590 0 0 LADISH INC COM NEW 505754200 5123 253005 SH SOLE 222505 0 30500 LAKELAND INDS INC COM 511795106 6450 500000 SH SOLE 500000 0 0 LANTRONIX INC COM 516548104 2853 6340000 SH SOLE 6340000 0 0 LECG CORP COM 523234102 26500 3283750 SH SOLE 3200650 0 83100 LINCOLN EDL SVCS CORP COM 533535100 1540 116400 SH SOLE 116400 0 0 LSI CORPORATION COM 502161102 9075 1693060 SH SOLE 1577030 0 116030 MAGNETEK INC COM 559424106 12270 3029700 SH SOLE 3029700 0 0 MARTEN TRANS LTD COM 573075108 5853 300000 SH SOLE 300000 0 0 MASTEC INC COM 576323109 1775 133535 SH SOLE 132835 0 700 MAXIMUS INC COM 577933104 27571 748400 SH SOLE 748400 0 0 MDU RES GROUP INC COM 552690109 13124 452540 SH SOLE 421150 0 31390 MEADOWBROOK INS GROUP INC COM 58319P108 2824 400000 SH SOLE 400000 0 0 MEDICAL STAFFING NETWK HLDGS COM 58463F104 3051 1849300 SH SOLE 1751600 0 97700 MEMC ELECTR MATLS INC COM 552715104 6456 228440 SH SOLE 208340 0 20100 MET PRO CORP COM 590876306 5351 366781 SH SOLE 366781 0 0 MFRI INC COM 552721102 3033 269572 SH SOLE 269572 0 0 MICREL INC COM 594793101 33230 3663760 SH SOLE 3663760 0 0 MIDWAY GOLD CORP COM 598153104 2769 2678600 SH SOLE 2678600 0 0 MOCON INC COM 607494101 2090 200000 SH SOLE 200000 0 0 MONTEREY GOURMET FOODS INC COM 612570101 1523 780800 SH SOLE 780800 0 0 MUELLER WTR PRODS INC COM SER A 624758108 1347 150000 SH SOLE 150000 0 0 MUELLER WTR PRODS INC COM SER B 624758207 5525 850000 SH SOLE 850000 0 0 NAPCO SEC SYS INC COM 630402105 1887 644000 SH SOLE 644000 0 0 NATIONAL DENTEX CORP COM 63563H109 3201 524682 SH SOLE 524682 0 0 NAVIGANT CONSULTING INC COM 63935N107 50916 2559900 SH SOLE 2526200 0 33700 NEWPARK RES INC COM PAR $.01NEW 651718504 42477 5818825 SH SOLE 5724725 0 94100 O I CORP COM 670841105 2754 245900 SH SOLE 245900 0 0 OBAGI MEDICAL PRODUCTS IN COM 67423R108 1497 150000 SH SOLE 150000 0 0 OIL DRI CORP AMER COM 677864100 12168 719125 SH SOLE 696750 0 22375 OLIN CORP COM PAR $1 680665205 11029 568500 SH SOLE 568500 0 0 OMNICELL INC COM 68213N109 6575 500000 SH SOLE 500000 0 0 OMNOVA SOLUTIONS INC COM 682129101 6815 3424800 SH SOLE 3311800 0 113000 ORIGIN AGRITECH LIMITED SHS G67828106 20342 3802287 SH SOLE 3612087 0 190200 OSTEOTECH INC COM 688582105 11179 2624267 SH SOLE 2480257 0 144010 PACIFIC PREMIER BANCORP COM 69478X105 1212 240056 SH SOLE 240056 0 0 PACKAGING CORP AMER COM 695156109 22212 958225 SH SOLE 958225 0 0 PALL CORP COM 696429307 8598 250000 SH SOLE 250000 0 0 PALOMAR MED TECHNOLOGIES INC COM NEW 697529303 1346 100000 SH SOLE 100000 0 0 PARK ELECTROCHEMICAL CORP COM 700416209 15331 632484 SH SOLE 632484 0 0 PATRICK INDS INC COM 703343103 2013 370025 SH SOLE 350025 0 20000 PDI INC COM 69329V100 15448 1945625 SH SOLE 1853425 0 92200 PENTAIR INC COM 709631105 1774 51305 SH SOLE 50955 0 350 PERMA-FIX ENVIRONMENTAL SVCS COM 714157104 7761 3731433 SH SOLE 3531410 0 200023 PEROT SYS CORP CL A 714265105 6940 400000 SH SOLE 400000 0 0 PHOENIX FOOTWEAR GROUP INC COM 71903M100 756 796000 SH SOLE 796000 0 0 PLEXUS CORP COM 729132100 644 31100 SH SOLE 30500 0 600 POLYMET MINING CORP COM 731916102 9029 4004000 SH SOLE 4004000 0 0 PORTEC RAIL PRODS INC COM 736212101 6718 801700 SH SOLE 762200 0 39500 PPG INDS INC COM 693506107 9303 159515 SH SOLE 147930 0 11585 PRESIDENTIAL LIFE CORP COM 740884101 15790 1000000 SH SOLE 1000000 0 0 PRIMEDIA INC COM NEW 74157K846 1701 700000 SH SOLE 700000 0 0 QUEST ENERGY PARTNERS L P COM UNIT LP IN 74836B209 353 52650 SH SOLE 37650 0 15000 QUEST RESOURCE CORP COM NEW 748349305 3990 1500000 SH SOLE 1500000 0 0 QUIXOTE CORP COM 749056107 10488 1279050 SH SOLE 1279050 0 0 RAYMOND JAMES FINANCIAL INC COM 754730109 13818 418995 SH SOLE 387595 0 31400 RCM TECHNOLOGIES INC COM NEW 749360400 1751 1006600 SH SOLE 1006600 0 0 REGAL ENTMT GROUP CL A 758766109 3995 253200 SH SOLE 253200 0 0 REGIS CORP MINN COM 758932107 11000 400000 SH SOLE 400000 0 0 RICHARDSON ELECTRS LTD COM 763165107 8680 1400000 SH SOLE 1400000 0 0 ROSETTA RESOURCES INC COM 777779307 9180 500000 SH SOLE 500000 0 0 ROYAL CARIBBEAN CRUISES LTD COM V7780T103 6533 314845 SH SOLE 283775 0 31070 SAGA COMMUNICATIONS CL A 786598102 2183 383000 SH SOLE 383000 0 0 SANGAMO BIOSCIENCES INC COM 800677106 11871 1541716 SH SOLE 1541716 0 0 SAUER-DANFOSS INC COM 804137107 7230 292850 SH SOLE 292850 0 0 SCHNITZER STL INDS CL A 806882106 3924 100000 SH SOLE 100000 0 0 SEAGATE TECHNOLOGY SHS G7945J104 5535 456695 SH SOLE 406640 0 50055 SHOE CARNIVAL INC COM 824889109 4914 300000 SH SOLE 300000 0 0 SKYWORKS SOLUTIONS INC COM 83088M102 19314 2310300 SH SOLE 2307400 0 2900 SM&A COM 78465D105 3050 1000000 SH SOLE 1000000 0 0 SMITHFIELD FOODS INC COM 832248108 10450 658058 SH SOLE 615135 0 42923 SOUTHERN CMNTY FINL CORP COM 842632101 1425 300000 SH SOLE 300000 0 0 SOUTHERN UN CO NEW COM 844030106 7782 376836 SH SOLE 351896 0 24940 SPAR GROUP INC COM 784933103 896 1228000 SH SOLE 1228000 0 0 SPARTECH CORP COM 847220209 10430 1053500 SH SOLE 1053500 0 0 SPECIALTY UNDERWRITERS ALLIA COM 84751T309 9424 1911600 SH SOLE 1841600 0 70000 SPHERION CORP COM 848420105 7354 1510000 SH SOLE 1510000 0 0 SPIRIT AEROSYSTEMS HLDGS INC CL A 848574109 3214 200000 SH SOLE 200000 0 0 SRI/SURGICAL EXPRESS INC COM 78464W104 2702 831500 SH SOLE 831500 0 0 ST MARY LD & EXPL CO COM 792228108 48022 1347050 SH SOLE 1324625 0 22425 STAAR SURGICAL CO COM PAR $0.01 852312305 14904 3319350 SH SOLE 3175450 0 143900 STARTEK INC COM 85569C107 4815 750000 SH SOLE 750000 0 0 STELLARONE CORP COM 85856G100 3624 175311 SH SOLE 175311 0 0 STERIS CORP COM 859152100 20388 542520 SH SOLE 542520 0 0 STONE ENERGY CORP COM 861642106 17034 402400 SH SOLE 402400 0 0 SUPERIOR INDS INTL INC COM 868168105 10709 558900 SH SOLE 558900 0 0 SUPREME INDS INC CL A 868607102 1867 612000 SH SOLE 612000 0 0 SWIFT ENERGY CO COM 870738101 56496 1460220 SH SOLE 1420800 0 39420 SYCAMORE NETWORKS INC COM 871206108 1740 538746 SH SOLE 538746 0 0 SYNERGX SYSTEMS INC COM 87160C106 164 496462 SH SOLE 496462 0 0 TAMALPAIS BANCORP COM 87485H103 3142 267417 SH SOLE 267417 0 0 TECHTEAM GLOBAL INC COM 878311109 8526 1149100 SH SOLE 1133100 0 16000 TELEFLEX INC COM 879369106 16606 261550 SH SOLE 261550 0 0 TIER TECHNOLOGIES INC CL B 88650Q100 13062 1758074 SH SOLE 1675824 0 82250 TIMBERLAND BANCORP INC COM 887098101 785 98120 SH SOLE 98120 0 0 TIMKEN CO COM 887389104 12017 423880 SH SOLE 387805 0 36075 TONGXIN INTERNATIONAL LTD COM G8918T103 3038 750000 SH SOLE 750000 0 0 TRC COS INC COM 872625108 8333 2679300 SH SOLE 2579900 0 99400 TRINITY BIOTECH PLC SPON ADR NEW 896438306 2891 1021650 SH SOLE 1019650 0 2000 TRIQUINT SEMICONDUCTOR INC COM 89674K103 20854 4353700 SH SOLE 4178000 0 175700 TRIUMPH GROUP INC NEW COM 896818101 21627 473125 SH SOLE 473125 0 0 TXCO RES INC COM 87311M102 28142 2803000 SH SOLE 2715150 0 87850 TYCO ELECTRONICS LTD COM NEW G9144P105 10876 393215 SH SOLE 363215 0 30000 UGI CORP NEW COM 902681105 11050 428645 SH SOLE 397925 0 30720 ULTRAPETROL BAHAMAS LTD COM P94398107 10958 1395870 SH SOLE 1279310 0 116560 UNION PAC CORP COM 907818108 1340 18830 SH SOLE 18560 0 270 UNIT CORP COM 909218109 38064 764025 SH SOLE 764025 0 0 UNUM GROUP COM 91529Y106 12231 487300 SH SOLE 449545 0 37755 UQM TECHNOLOGIES INC COM 903213106 7734 2713825 SH SOLE 2687925 0 25900 UROPLASTY INC COM NEW 917277204 2855 1215023 SH SOLE 1215023 0 0 URS CORP NEW COM 903236107 3667 100000 SH SOLE 100000 0 0 VIRTUAL RADIOLOGIC CORPORATI COM 92826B104 4896 600000 SH SOLE 600000 0 0 WALGREEN CO COM 931422109 7061 228070 SH SOLE 209620 0 18450 WERNER ENTERPRISES INC COM 950755108 26122 1203245 SH SOLE 1152445 0 50800 WESTELL TECHNOLOGIES INC CL A 957541105 1877 2643828 SH SOLE 2643828 0 0 WHIRLPOOL CORP COM 963320106 1584 19980 SH SOLE 19980 0 0 WILLIAMS CLAYTON ENERGY INC COM 969490101 28216 400050 SH SOLE 400050 0 0 WIRELESS RONIN TECHNOLOGIES COM 97652A203 4236 1780000 SH SOLE 1780000 0 0 WONDER AUTO TECHNOLOGY INC COM 978166106 2564 400000 SH SOLE 400000 0 0 WORTHINGTON INDS INC COM 981811102 4549 304500 SH SOLE 304500 0 0 WYETH COM 983024100 11103 300566 SH SOLE 279791 0 20775 ZAREBA SYSTEMS INC COM 989131107 574 237000 SH SOLE 237000 0 0 TOTAL 2581010 TOTAL ENTRIES 256