13F-HR 1 olst13f63004.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, 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: 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) 701-7565 Signature, Place, and Date of Signing: /s/MICHAEL LUPER MICHAEL LUPER Purchase, NY 8/13/04 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 manger(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: 89 Form 13F Information Table Value Total: $ 1,895,550 (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 6/30/2004 (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 20,153 3,224,500 SOLE 3,224,500 ADAPTEC INC COMMON 00651F108 22,998 2,718,400 SOLE 2,718,400 AMERICAN GREETINGS CORP COMMON 026375105 44,758 1,930,900 SOLE 1,930,900 AMERICAN ITALIAN PASTA CO COMMON 027070101 -3,816 -125,200 SOLE -125,200 ARKANSAS BEST CORP DEL COMMON 040790107 7,193 218,499 SOLE 218,499 ATMEL CORP COMMON 049513104 25,232 4,262,243 SOLE 4,262,243 AVX CORP NEW COMMON 002444107 7,495 518,700 SOLE 518,700 BANK OF AMERICA CORPORATION COMMON 060505104 20,529 242,600 SOLE 242,600 BARD C R INC COMMON 067383109 11,528 203,500 SOLE 203,500 BAXTER INTL INC COMMON 071813109 35,411 1,026,100 SOLE 1,026,100 BEMIS INC COMMON 081437105 19,057 674,600 SOLE 674,600 BOYD GAMING CORP COMMON 103304101 22,215 836,100 SOLE 836,100 CAESARS ENTMT INC COMMON 127687101 15,623 1,041,500 SOLE 1,041,500 CAMBREX CORP COMMON 132011107 15,514 614,900 SOLE 614,900 CENTURYTEL INC COMMON 156700106 28,132 936,500 SOLE 936,500 CHICAGO BRIDGE & IRON CO N V COMMON 167250109 17,855 641,100 SOLE 641,100 CHUBB CORP COMMON 171232101 28,656 420,300 SOLE 420,300 COMERICA INC COMMON 200340107 22,594 411,700 SOLE 411,700 COMMSCOPE INC COMMON 203372107 35,311 1,646,200 SOLE 1,646,200 COMPUTER SCIENCES CORP COMMON 205363104 -21,488 -462,800 SOLE -462,800 COORS ADOLPH CO COMMON 217016104 15,358 212,300 SOLE 212,300 CUMMINS INC COMMON 231021106 12,563 201,000 SOLE 201,000 CYTYC CORP COMMON 232946103 18,944 746,700 SOLE 746,700 DARDEN RESTAURANTS INC COMMON 237194105 15,125 736,000 SOLE 736,000 DEL MONTE FOODS CO COMMON 24522P103 35,062 3,451,000 SOLE 3,451,000 DISNEY WALT CO COMMON 254687106 27,353 1,073,100 SOLE 1,073,100 EVEREST RE GROUP LTD COMMON G3223R108 15,614 194,300 SOLE 194,300 FAIRCHILD SEMICONDUCTOR INTL COMMON 303726103 40,797 2,492,200 SOLE 2,492,200 FIRST DATA CORP COMMON 319963104 29,202 655,932 SOLE 655,932 FURNITURE BRANDS INTL INC COMMON 360921100 8,034 320,700 SOLE 320,700 GENERAL DYNAMICS CORP COMMON 369550108 23,286 234,500 SOLE 234,500 GRAY TELEVISION INC COMMON 389375106 24,976 1,798,100 SOLE 1,798,100 HARLAND JOHN H CO COMMON 412693103 14,819 504,900 SOLE 504,900 HASBRO INC COMMON 418056107 35,317 1,858,800 SOLE 1,858,800 HCA INC COMMON 404119109 15,297 367,800 SOLE 367,800 HEWLETT PACKARD CO COMMON 428236103 7,864 372,700 SOLE 372,700 HILFIGER TOMMY CORP COMMON G8915Z102 30,023 1,983,000 SOLE 1,983,000 INTERPUBLIC GROUP COS INC COMMON 460690100 25,457 1,854,100 SOLE 1,854,100 JANUS CAP GROUP INC COMMON 47102X105 26,999 1,637,300 SOLE 1,637,300 JO-ANN STORES INC COMMON 47758P307 25,857 879,500 SOLE 879,500 JOHNSON & JOHNSON COMMON 478160104 16,626 298,500 SOLE 298,500 JOURNAL REGISTER CO COMMON 481138105 21,142 1,057,100 SOLE 1,057,100 KEYCORP NEW COMMON 493267108 22,636 757,300 SOLE 757,300 KIMBERLY CLARK CORP COMMON 494368103 22,699 344,550 SOLE 344,550 KNIGHT RIDDER INC COMMON 499040103 19,354 268,800 SOLE 268,800 LABORATORY CORP AMER HLDGS COMMON 50540R409 23,907 602,200 SOLE 602,200 LEAPFROG ENTERPRISES INC COMMON 52186N106 24,620 1,237,800 SOLE 1,237,800 LIZ CLAIBORNE INC COMMON 539320101 20,912 581,200 SOLE 581,200 LUCENT TECHNOLOGIES INC COMMON 549463107 30,601 8,095,600 SOLE 8,095,600 MANITOWOC INC COMMON 563571108 41,074 1,213,400 SOLE 1,213,400 MARSH & MCLENNAN COS INC COMMON 571748102 20,739 457,000 SOLE 457,000 MATTEL INC COMMON 577081102 29,914 1,639,100 SOLE 1,639,100 MCDONALDS CORP COMMON 580135101 41,435 1,593,650 SOLE 1,593,650 MEDICIS PHARMACEUTICAL CORP COMMON 584690309 7,650 191,500 SOLE 191,500 MERCK & CO INC COMMON 589331107 24,558 517,000 SOLE 517,000 MERRILL LYNCH & CO INC COMMON 590188108 21,090 390,700 SOLE 390,700 MORGAN STANLEY COMMON 617446448 20,200 382,800 SOLE 382,800 NEWPARK RES INC COMMON 651718504 18,948 3,056,100 SOLE 3,056,100 OSHKOSH B GOSH INC COMMON 688222207 19,621 785,800 SOLE 785,800 PACER INTL INC TENN COMMON 69373H106 18,323 990,420 SOLE 990,420 PALL CORP COMMON 696429307 14,357 548,200 SOLE 548,200 PAYLESS SHOESOURCE INC COMMON 704379106 33,237 2,229,200 SOLE 2,229,200 PENNEY J C INC COMMON 708160106 15,897 421,000 SOLE 421,000 PERKINELMER INC COMMON 714046109 8,547 426,500 SOLE 426,500 PFIZER INC COMMON 717081103 21,206 618,600 SOLE 618,600 PIER 1 IMPORTS INC COMMON 720279108 26,655 1,506,800 SOLE 1,506,800 RADIOSHACK CORP COMMON 750438103 17,467 610,100 SOLE 610,100 SCIENTIFIC GAMES CORP COMMON 80874P109 38,271 1,999,550 SOLE 1,999,550 SERVICEMASTER CO COMMON 81760N109 21,591 1,752,500 SOLE 1,752,500 SONOCO PRODS CO COMMON 835495102 11,268 441,900 SOLE 441,900 SYNAPTICS INC COMMON 87157D109 19,008 992,600 SOLE 992,600 TECHNITROL INC COMMON 878555101 12,008 548,300 SOLE 548,300 TIDEWATER INC COMMON 886423102 8,585 288,100 SOLE 288,100 TRIBUNE CO NEW COMMON 896047107 19,915 437,300 SOLE 437,300 TRIQUINT SEMICONDUCTOR INC COMMON 89674K103 14,727 2,697,246 SOLE 2,697,246 TUPPERWARE CORP COMMON 899896104 33,730 1,736,000 SOLE 1,736,000 TYCO INTL LTD NEW COMMON 902124106 62,863 1,896,900 SOLE 1,896,900 UNIVERSAL ELECTRS INC COMMON 913483103 18,228 1,039,800 SOLE 1,039,800 UNOVA INC COMMON 91529B106 29,873 1,475,200 SOLE 1,475,200 VIACOM INC COMMON 925524100 2,101 57,800 SOLE 57,800 WEIGHT WATCHERS INTL INC NEW COMMON 948626106 26,408 674,700 SOLE 674,700 WELLMAN INC COMMON 949702104 23,341 2,871,000 SOLE 2,871,000 WENDYS INTL INC COMMON 950590109 13,128 376,800 SOLE 376,800 WET SEAL INC COMMON 961840105 11,548 2,208,100 SOLE 2,208,100 WHIRLPOOL CORP COMMON 963320106 10,194 148,600 SOLE 148,600 WILLIAMS COS INC DEL COMMON 969457100 31,119 2,615,000 SOLE 2,615,000 WILLIS GROUP HOLDINGS LTD COMMON G96655108 17,478 466,700 SOLE 466,700 WMS INDS INC COMMON 929297109 22,904 768,600 SOLE 768,600 YELLOW ROADWAY CORP COMMON 985577105 20,950 525,600 SOLE 525,600 * All of the securities listed within this column are stated in SH.