13F-HR 1 inftable.txt REPORT JUNE 30, 2012 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AFLAC INC COM COM 001055102 10573 248255.0000 SH Sole 248255.0000 ALLEGIANT TRAVEL CO COM 01748X102 9671 138795.0000 SH Sole 138795.0000 ALLIANCE DATA SYS CORP COM COM 018581108 26970 199775.0000 SH Sole 199775.0000 AMERICAN AXLE & MFG COM COM 024061103 4196 400000.0000 SH Sole 400000.0000 ASBURY AUTOMOTIVE GP COM COM 043436104 5091 214880.0000 SH Sole 214880.0000 AT&T INC COM COM 00206R102 6031 169115.0000 SH Sole 169115.0000 Abbott Labs COM 002824100 27554 427400.0000 SH Sole 427400.0000 Apache Corp. COM 037411105 990 11265.0000 SH Sole 11265.0000 Berkshire Hathaway CL B COM 084670702 13070 156845.0000 SH Sole 156845.0000 C&J ENERGY SVCS INC COM COM 12467B304 1891 102225.0000 SH Sole 102225.0000 CONSOL ENERGY INC COM COM 20854P109 3036 100400.0000 SH Sole 100400.0000 COVIDIEN PLC SHS COM G2554F113 20106 375820.0000 SH Sole 375820.0000 CYPRESS SEMICONDUCTOR COM COM 232806109 4416 334052.0000 SH Sole 334052.0000 Cisco Systems Inc COM 17275R102 983 57270.0000 SH Sole 57270.0000 Citigroup Inc. COM 172967424 814 29685.0000 SH Sole 29685.0000 Corning Inc. COM 219350105 10538 814989.0000 SH Sole 814989.0000 DISCOVER FINL SVCS COM COM 254709108 1513 43755.0000 SH Sole 43755.0000 Delta Air Lines COM 247361702 1084 98950.0000 SH Sole 98950.0000 EMAGIN CORP COM NEW COM 29076N206 46 14935.0000 SH Sole 14935.0000 Exelon Corp. COM 30161N101 1002 26630.0000 SH Sole 26630.0000 FORTRESS INVT GRP LLC CL A COM 34958B106 39 11665.0000 SH Sole 11665.0000 FUEL SYS SOLUTIONS INC COM COM 35952W103 1353 81083.0000 SH Sole 81083.0000 Ford Motor Company COM 345370860 8783 915840.0000 SH Sole 915840.0000 GASFRAC ENERGY SVCS IN COM COM 367257201 33 10870.0000 SH Sole 10870.0000 GILEAD SCIENCES INC COM COM 375558103 12928 252110.0000 SH Sole 252110.0000 General Electric COM 369604103 12746 611615.0000 SH Sole 611615.0000 HELIX ENERGY SOLUTIONS GROUP COM 42330P107 4359 265625.0000 SH Sole 265625.0000 Halliburton Co. COM 406216101 8491 299090.0000 SH Sole 299090.0000 INNOVATIVE SOLTNS&SUPP COM COM 45769N105 1641 497244.0000 SH Sole 497244.0000 Intel Corp COM 458140100 27722 1040215.0000 SH Sole 1040215.0000 International Business Machine COM 459200101 1233 6305.0000 SH Sole 6305.0000 J.P. Morgan Chase & Co. COM 46625H100 14822 414845.0000 SH Sole 414845.0000 KB Home COM 48666K109 1901 194000.0000 SH Sole 194000.0000 LABORATORY CORP OF AMERICA COM 50540R409 4806 51895.0000 SH Sole 51895.0000 LATTICE SEMICONDUCTOR CORP COM 518415104 2834 755735.0000 SH Sole 755735.0000 LINCOLN NATL CORP IND COM COM 534187109 6585 301095.0000 SH Sole 301095.0000 METLIFE INC COM COM 59156R108 10166 329525.0000 SH Sole 329525.0000 Microsoft Corp COM 594918104 26155 855020.0000 SH Sole 855020.0000 Novogen LTD COM 67010F202 72 35757.0000 SH Sole 35757.0000 Oracle Corp COM 68389X105 12896 434205.0000 SH Sole 434205.0000 PHILIP MORRIS INTL. INC. COM 718172109 25667 294142.3650 SH Sole 294142.3650 PNC Financial COM 693475105 6147 100585.0000 SH Sole 100585.0000 POWER ONE INC NEW COM COM 73930R102 668 147760.0000 SH Sole 147760.0000 Pfizer Inc COM 717081103 8251 358754.0000 SH Sole 358754.0000 Pulte Homes, Inc. COM 745867101 3247 303500.0000 SH Sole 303500.0000 REX ENERGY CORP COM 761565100 8243 735335.0000 SH Sole 735335.0000 Rush Enterprises CLA COM 781846209 6211 379907.0000 SH Sole 379907.0000 Rush Enterprises CLB COM 781846308 571 42207.0000 SH Sole 42207.0000 SANDRIDGE ENERGY INC COM COM 80007P307 2208 330000.0000 SH Sole 330000.0000 SONIC AUTOMOTIVE INC CL A COM 83545G102 15681 1147090.0000 SH Sole 1147090.0000 Stanley Furniture Inc New COM 854305208 1021 255940.0000 SH Sole 255940.0000 State Street Corp COM 857477103 18890 423153.0000 SH Sole 423153.0000 TEVA PHARMACEUTCL INDS ADR COM 881624209 11464 290660.0000 SH Sole 290660.0000 Terex Corp Del COM 880779103 1819 102000.0000 SH Sole 102000.0000 WESTPORT INNOVATIONS COM NEW COM 960908309 8153 221862.0000 SH Sole 221862.0000 Zimmer Holdings Inc. COM 98956P102 1163 18075.0000 SH Sole 18075.0000