13F-HR 1 olstein13f063006.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2006 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: Olstein & Associates, L.P. Address: 4 Manhattanville Road Purchase, NY 10577 Form 13F File Number: 028-05485 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: Michael Luper Title: Executive Vice President Phone: (914) 269-6100 Signature, Place, and Date of Signing: /s/ MICHAEL LUPER MICHAEL LUPER Purchase, NY August 8, 2006 Report Type (Check only one.): /_/ 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).) /X/ 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).) List of Other Managers Reporting for this Manager: Form 13F File Number Name 28-4024 Smith Barney Fund Management LLC Form 13F Summary Page Report Summary: Number of Other Included Managers: NONE Form 13F Information Table Entry Total: 59 Form 13F Information Table Value Total: $ 1,411,372 (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

OLSTEIN & ASSOCIATES, L.P. FORM 13F INFORMATION TABLE AS OF 6/30/2006 (COLUMN 1) (COLUMN 2) (COLUMN 3) (COLUMN 4) (COLUMN 5) (COLUMN 6) (COLUMN 7) (COLUMN 8) NAME OF TITLE OF CUSIP VALUE SHRS OR INVESTMENT OTHER VOTING AUTHORITY ISSUER CLASS (X$1000) PRN AMT* DISCRETION MANAGERS (SOLE) 3COM CORP COMMON 885535104 15,166 2,962,100 SOLE 2,962,100 3M CO COMMON 88579Y101 20,394 252,500 SOLE 252,500 ABERCROMBIE & FITCH CO COMMON 002896207 25,320 456,800 SOLE 456,800 ADAPTEC INC COMMON 00651F108 20,407 4,702,000 SOLE 4,702,000 AMERICAN EXPRESS CO COMMON 025816109 16,280 305,900 SOLE 305,900 AMERICAN INTL GROUP INC COMMON 026874107 34,178 578,800 SOLE 578,800 APPLE COMPUTER INC COMMON 037833100 24,053 421,100 SOLE 421,100 ATMEL CORP COMMON 049513104 24,497 4,413,800 SOLE 4,413,800 AVERY DENNISON CORP COMMON 053611109 12,895 222,100 SOLE 222,100 BANK OF AMERICA CORPORATION COMMON 060505104 26,681 554,700 SOLE 554,700 BAXTER INTL INC COMMON 071813109 21,045 572,500 SOLE 572,500 BLOUNT INTL INC NEW COMMON 095180105 12,001 998,400 SOLE 998,400 CHESAPEAKE ENERGY CORP COMMON 165167107 25,924 857,000 SOLE 857,000 CISCO SYS INC COMMON 17275R102 34,644 1,773,900 SOLE 1,773,900 CKE RESTAURANTS INC COMMON 12561E105 17,025 1,025,000 SOLE 1,025,000 CLAIRES STORES INC COMMON 179584107 22,189 869,800 SOLE 869,800 CLEVELAND CLIFFS INC COMMON 185896107 25,254 318,500 SOLE 318,500 COMMSCOPE INC COMMON 203372107 14,145 450,200 SOLE 450,200 DEL MONTE FOODS CO COMMON 24522P103 60,257 5,365,700 SOLE 5,365,700 DIEBOLD INC COMMON 253651103 10,927 269,000 SOLE 269,000 DISNEY WALT CO COMMON 254687106 33,144 1,104,800 SOLE 1,104,800 ENERGY CONVERSION DEVICES INC COMMON 292659109 17,883 490,900 SOLE 490,900 FEDERATED DEPT STORES INC COMMON 31410H101 32,955 900,400 SOLE 900,400 FINISH LINE INC COMMON 317923100 21,012 1,776,200 SOLE 1,776,200 FOOT LOCKER INC COMMON 344849104 24,963 1,019,300 SOLE 1,019,300 GOLDMAN SACHS GROUP INC COMMON 38141G104 6,814 45,300 SOLE 45,300 HARLAND JOHN H CO COMMON 412693103 14,198 326,400 SOLE 326,400 HASBRO INC COMMON 418056107 23,619 1,304,200 SOLE 1,304,200 HUGOTON RTY TR TEX COMMON 444717102 0 2 SOLE 2 INTERMEC INC COMMON 458786100 20,692 902,000 SOLE 902,000 INTERPUBLIC GROUP COS INC COMMON 460690100 7,505 898,780 SOLE 898,780 JANUS CAP GROUP INC COMMON 47102X105 25,887 1,446,200 SOLE 1,446,200 JO-ANN STORES INC COMMON 47758P307 27,760 1,894,900 SOLE 1,894,900 JONES APPAREL GROUP INC COMMON 480074103 20,517 645,400 SOLE 645,400 MARSH & MCLENNAN COS INC COMMON 571748102 52,444 1,950,300 SOLE 1,950,300 MCDONALDS CORP COMMON 580135101 35,181 1,047,050 SOLE 1,047,050 MERRILL LYNCH & CO INC COMMON 590188108 11,623 167,100 SOLE 167,100 MOLSON COORS BREWING CO COMMON 60871R209 36,418 536,500 SOLE 536,500 MORGAN STANLEY COMMON 617446448 31,529 498,800 SOLE 498,800 NASH FINCH CO COMMON 631158102 7,430 349,000 SOLE 349,000 NEENAH PAPER INC COMMON 640079109 27,155 891,800 SOLE 891,800 NEWPARK RES INC COMMON 651718504 24,187 3,932,900 SOLE 3,932,900 PENNEY J C INC COMMON 708160106 10,673 158,100 SOLE 158,100 PERKINELMER INC COMMON 714046109 11,903 569,500 SOLE 569,500 PITNEY BOWES INC COMMON 724479100 13,282 321,600 SOLE 321,600 PLAYTEX PRODS INC COMMON 72813P100 23,093 2,214,100 SOLE 2,214,100 QUANTA SVCS INC COMMON 74762E102 38,136 2,200,600 SOLE 2,200,600 RADIOSHACK CORP COMMON 750438103 25,945 1,853,200 SOLE 1,853,200 ROSS STORES INC COMMON 778296103 17,287 616,300 SOLE 616,300 SCIENTIFIC GAMES CORP COMMON 80874P109 11,869 333,220 SOLE 333,220 TUPPERWARE BRANDS CORP COMMON 899896104 22,773 1,156,600 SOLE 1,156,600 TYCO INTL LTD NEW COMMON 902124106 80,157 2,914,800 SOLE 2,914,800 UNIVERSAL ELECTRS INC COMMON 913483103 17,460 985,900 SOLE 985,900 VERISIGN INC COMMON 92343E102 9,618 415,100 SOLE 415,100 WADDELL & REED FINL INC COMMON 930059100 25,453 1,238,000 SOLE 1,238,000 WILLIAMS COS INC DEL COMMON 969457100 56,174 2,404,700 SOLE 2,404,700 XEROX CORP COMMON 984121103 30,713 2,208,000 SOLE 2,208,000 XL CAP LTD COMMON G98255105 31,367 511,700 SOLE 511,700 XTO ENERGY INC COMMON 98385X106 19,271 435,300 SOLE 435,300 * All of the securities listed within this column are stated in SH.