13F-HR 1 v123064_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: June 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 August 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: $2,529,784 (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 ABM INDS INC COM 000957100 7106 319375 SH SOLE 319375 0 0 ACCURAY INC COM 004397105 23711 3252512 SH SOLE 3149612 0 102900 ACETO CORP COM 004446100 2292 300000 SH SOLE 300000 0 0 ACTEL CORP COM 004934105 13654 810350 SH SOLE 810350 0 0 ACTUATE CORP COM 00508B102 3910 1000000 SH SOLE 1000000 0 0 ADTRAN INC COM 00738A106 10676 447815 SH SOLE 410915 0 36900 AGRIA CORP SPONSORED ADR 00850H103 13932 3255200 SH SOLE 3118900 0 136300 AGRIUM INC COM 008916108 1344 12548 SH SOLE 12548 0 0 ALASKA AIR GROUP INC COM 011659109 19891 1296700 SH SOLE 1282150 0 14550 ALBANY INTL CORP CL A 012348108 8313 286640 SH SOLE 265510 0 21130 ALCOA INC COM 013817101 11362 318983 SH SOLE 297933 0 21050 ALLIANCE FIBER OPTIC PRODS I COM 018680108 417 300000 SH SOLE 300000 0 0 AMERICA SVC GROUP INC COM 02364L109 8098 885000 SH SOLE 885000 0 0 AMERICAN VANGUARD CORP COM 030371108 14287 1161575 SH SOLE 1161575 0 0 ANADARKO PETE CORP COM 032511107 11430 152729 SH SOLE 145199 0 7530 ANALYSTS INTL CORP COM 032681108 3151 2300000 SH SOLE 2300000 0 0 ANIMAL HEALTH INTL INC COM 03525N109 3115 500000 SH SOLE 500000 0 0 APPLIANCE RECYCLING CTRS AME COM NEW 03814F205 1639 226000 SH SOLE 226000 0 0 APPLIED MATLS INC COM 038222105 777 40690 SH SOLE 39590 0 1100 APPLIED SIGNAL TECHNOLOGY IN COM 038237103 13509 988959 SH SOLE 951959 0 37000 ARCH CHEMICALS INC COM 03937R102 4973 150000 SH SOLE 150000 0 0 ASHFORD HOSPITALITY TR INC COM SHS 044103109 1693 366450 SH SOLE 322750 0 43700 ASHWORTH INC COM 04516H101 5752 1648050 SH SOLE 1586179 0 61871 ASSET ACCEP CAP CORP COM 04543P100 26892 2200625 SH SOLE 2120825 0 79800 AVANEX CORP COM 05348W109 15837 14015000 SH SOLE 14015000 0 0 AVNET INC COM 053807103 10732 393420 SH SOLE 357310 0 36110 AXCELIS TECHNOLOGIES INC COM 054540109 14640 3000000 SH SOLE 3000000 0 0 BARRETT BUSINESS SERVICES IN COM 068463108 5730 484400 SH SOLE 484400 0 0 BASIN WTR INC COM 07011T306 4241 906241 SH SOLE 906241 0 0 BEACON ROOFING SUPPLY INC COM 073685109 135 12700 SH SOLE 12700 0 0 BENCHMARK ELECTRS INC COM 08160H101 9810 600385 SH SOLE 548195 0 52190 BERRY PETE CO CL A 085789105 6503 110450 SH SOLE 110450 0 0 BIOSCRIP INC COM 09069N108 17518 6763663 SH SOLE 6442363 0 321300 BLOCK H & R INC COM 093671105 12876 601680 SH SOLE 557250 0 44430 BOFI HLDG INC COM 05566U108 2956 400000 SH SOLE 400000 0 0 BRIGGS & STRATTON CORP COM 109043109 10640 839100 SH SOLE 839100 0 0 BRIGHAM EXPLORATION CO COM 109178103 11081 700000 SH SOLE 700000 0 0 BROWN SHOE INC NEW COM 115736100 4065 300000 SH SOLE 300000 0 0 BUCA INC COM 117769109 759 1950000 SH SOLE 1950000 0 0 C D I CORP COM 125071100 7266 285600 SH SOLE 285600 0 0 C&D TECHNOLOGIES INC COM 124661109 4230 500000 SH SOLE 500000 0 0 CALLWAVE INC DEL COM 13126N101 2600 1000000 SH SOLE 1000000 0 0 CAMBREX CORP COM 132011107 5870 1000000 SH SOLE 1000000 0 0 CARACO PHARMACEUTICAL LABS L COM 14075T107 6600 500000 SH SOLE 500000 0 0 CARBO CERAMICS INC COM 140781105 8315 142500 SH SOLE 142500 0 0 CARLISLE COS INC COM 142339100 467 16108 SH SOLE 15908 0 200 CATAPULT COMMUNICATIONS CORP COM 149016107 2848 400000 SH SOLE 400000 0 0 CATERPILLAR INC DEL COM 149123101 10986 148825 SH SOLE 139295 0 9530 CHEMED CORP NEW COM 16359R103 2349 64172 SH SOLE 64172 0 0 CHEMTURA CORP COM 163893100 33413 5721383 SH SOLE 5599383 0 122000 CIMAREX ENERGY CO COM 171798101 22030 316200 SH SOLE 315510 0 690 COHU INC COM 192576106 6285 428100 SH SOLE 428100 0 0 COMPUTER TASK GROUP INC COM 205477102 10151 1982560 SH SOLE 1921206 0 61354 COMSTOCK RES INC COM NEW 205768203 33975 402400 SH SOLE 402400 0 0 CONMED CORP COM 207410101 15414 580575 SH SOLE 580575 0 0 CONOCOPHILLIPS COM 20825C104 11267 119364 SH SOLE 112884 0 6480 CONSTELLATION BRANDS INC CL A 21036P108 9839 495420 SH SOLE 458520 0 36900 COOPER COS INC COM NEW 216648402 3764 101325 SH SOLE 101325 0 0 COOPER TIRE & RUBR CO COM 216831107 11126 1419110 SH SOLE 1353410 0 65700 COVIDIEN LTD COM G2552X108 13256 276807 SH SOLE 260847 0 15960 COWEN GROUP INC COM 223621103 5404 700000 SH SOLE 700000 0 0 CTS CORP COM 126501105 6947 691200 SH SOLE 691200 0 0 DATASCOPE CORP COM 238113104 17271 367475 SH SOLE 367475 0 0 DIGIRAD CORP COM 253827109 3587 1700000 SH SOLE 1700000 0 0 DISCOVERY LABORATORIES INC N COM 254668106 10882 6594900 SH SOLE 6549200 0 45700 DITECH NETWORKS INC COM 25500T108 3824 1778719 SH SOLE 1778719 0 0 DOW CHEM CO COM 260543103 10663 305440 SH SOLE 289290 0 16150 DUCKWALL-ALCO STORES INC NEW COM 264142100 3500 380400 SH SOLE 380400 0 0 DYNAMICS RESH CORP COM 268057106 13049 1242766 SH SOLE 1187664 0 55102 EASTERN VA BANKSHARES INC COM 277196101 3856 241000 SH SOLE 239000 0 2000 EF JOHNSON TECHNOLOGIES INC COM 26843B101 3176 1814675 SH SOLE 1814675 0 0 EMAK WORLDWIDE INC COM 26861V104 982 877139 SH SOLE 877139 0 0 EMRISE CORP COM 29246J101 1215 1868800 SH SOLE 1868800 0 0 EMS TECHNOLOGIES INC COM 26873N108 7030 321890 SH SOLE 321890 0 0 ENCORE CAP GROUP INC COM NEW 292554102 22428 2539950 SH SOLE 2412450 0 127500 ENDOCARE INC COM 29264P203 1972 395208 SH SOLE 391875 0 3333 ENSIGN GROUP INC COM 29358P101 4626 402225 SH SOLE 402225 0 0 EPIQ SYS INC COM 26882D109 2840 200000 SH SOLE 200000 0 0 EPIC BANCORP COM 294250105 3012 267731 SH SOLE 267417 0 314 BGC PARTNERS INC CL A 05541T101 4995 661567 SH SOLE 661567 0 0 EXPRESS 1 EXPEDITED SOLUTION COM 30217Q108 232 200000 SH SOLE 200000 0 0 EXTREME NETWORKS INC COM 30226D106 12963 4564356 SH SOLE 4445656 0 118700 FEDERAL SIGNAL CORP COM 313855108 41440 3453368 SH SOLE 3418668 0 34700 FEDEX CORP COM 31428X106 8128 103155 SH SOLE 93790 0 9365 FIDELITY SOUTHERN CORP NEW COM 316394105 1468 314322 SH SOLE 314322 0 0 FIRSTCITY FINL CORP COM 33761X107 6955 1555900 SH SOLE 1487900 0 68000 FLANDERS CORP COM 338494107 15018 2482341 SH SOLE 2389441 0 92900 FLEXSTEEL INDS INC COM 339382103 1125 100000 SH SOLE 100000 0 0 FORCE PROTECTION INC COM NEW 345203202 21544 6508700 SH SOLE 6508700 0 0 FOREST LABS INC COM 345838106 389 11200 SH SOLE 9200 0 2000 FORTUNE BRANDS INC COM 349631101 873 13990 SH SOLE 13790 0 200 FRANKLIN RES INC COM 354613101 9156 99905 SH SOLE 92630 0 7275 FREDS INC CL A 356108100 21113 1878375 SH SOLE 1878375 0 0 FREIGHTCAR AMER INC COM 357023100 26077 734550 SH SOLE 734550 0 0 FRONTIER OIL CORP COM 35914P105 24715 1033650 SH SOLE 1032850 0 800 FSI INTL INC COM 302633102 2709 2021457 SH SOLE 2021457 0 0 FUELCELL ENERGY INC COM 35952H106 23340 3287300 SH SOLE 3265300 0 22000 GENCO SHIPPING & TRADING LTD SHS Y2685T107 632 9700 SH SOLE 9700 0 0 GENERAL ELECTRIC CO COM 369604103 8314 311515 SH SOLE 286655 0 24860 GENTEX CORP COM 371901109 708 49051 SH SOLE 48051 0 1000 GLATFELTER COM 377316104 9698 717805 SH SOLE 714475 0 3330 GLOBAL INDS LTD COM 379336100 17208 959750 SH SOLE 959750 0 0 GOODRICH CORP COM 382388106 1387 29225 SH SOLE 29075 0 150 GREY WOLF INC COM 397888108 25233 2794380 SH SOLE 2693470 0 100910 HAWTHORN BANCSHARES INC COM 420476103 2943 116463 SH SOLE 116463 0 0 HERLEY INDS INC DEL COM 427398102 4419 332719 SH SOLE 332719 0 0 HF FINL CORP COM 404172108 2348 144057 SH SOLE 144057 0 0 HI / FN INC COM 428358105 6189 1342526 SH SOLE 1342526 0 0 HILB ROGAL & HOBBS CO COM 431294107 10865 250000 SH SOLE 250000 0 0 HOME DIAGNOSTICS INC DEL COM 437080104 906 100000 SH SOLE 100000 0 0 HOOPER HOLMES INC COM 439104100 13157 12898907 SH SOLE 12394400 0 504507 HORMEL FOODS CORP COM 440452100 1270 36690 SH SOLE 36170 0 520 HUDSON HIGHLAND GROUP INC COM 443792106 10470 1000000 SH SOLE 1000000 0 0 HUMANA INC COM 444859102 3573 89850 SH SOLE 81850 0 8000 IAMGOLD CORP COM 450913108 17864 2990700 SH SOLE 2866700 0 124000 IMAGE SENSING SYS INC COM 45244C104 2212 171851 SH SOLE 171851 0 0 INDUSTRIAL DISTR GROUP INC COM 456061100 6007 501000 SH SOLE 501000 0 0 INSITUFORM TECHNOLOGIES INC CL A 457667103 7615 500000 SH SOLE 500000 0 0 INSTEEL INDUSTRIES INC COM 45774W108 4578 250000 SH SOLE 250000 0 0 INTEGRYS ENERGY GROUP INC COM 45822P105 13157 258845 SH SOLE 242870 0 15975 INTERDIGITAL INC COM 45867G101 104070 4279200 SH SOLE 4191100 0 88100 INTERSECTIONS INC COM 460981301 25602 2342329 SH SOLE 2253650 0 88679 INTERVOICE INC NEW COM 461142101 2850 500000 SH SOLE 500000 0 0 INVENTURE GROUP INC COM 461214108 4458 2592104 SH SOLE 2592104 0 0 ISOLAGEN INC COM 46488N103 872 2642500 SH SOLE 2642500 0 0 JOHNSON CTLS INC COM 478366107 8756 305305 SH SOLE 277385 0 27920 KHD HUMBOLT WEDAG INTL LTD COM 482462108 6041 191610 SH SOLE 176010 0 15600 KOHLS CORP COM 500255104 8280 206785 SH SOLE 185710 0 21075 KOPIN CORP COM 500600101 1594 555411 SH SOLE 555411 0 0 LACROSSE FOOTWARE INC COM 505688101 2013 137590 SH SOLE 137590 0 0 LADISH INC COM NEW 505754200 2881 139930 SH SOLE 126630 0 13300 LAKELAND INDS INC COM 511795106 6340 500000 SH SOLE 500000 0 0 LANTRONIX INC COM 516548104 4020 6000000 SH SOLE 6000000 0 0 LATTICE SEMICONDUCTOR CORP COM 518415104 10173 3250000 SH SOLE 3250000 0 0 LECG CORP COM 523234102 22723 2599890 SH SOLE 2516790 0 83100 LIFEPOINT HOSPITALS INC COM 53219L109 1434 50655 SH SOLE 50175 0 480 LINCOLN EDL SVCS CORP COM 533535100 1354 116400 SH SOLE 116400 0 0 LONGS DRUG STORES CORP COM 543162101 10311 244870 SH SOLE 226020 0 18850 LSI CORPORATION COM 502161102 10218 1664150 SH SOLE 1578270 0 85880 LSI INDS INC COM 50216C108 4113 506470 SH SOLE 506470 0 0 MAGNETEK INC COM 559424106 12816 3029700 SH SOLE 3029700 0 0 MARTEN TRANS LTD COM 573075108 4791 300000 SH SOLE 300000 0 0 MASCO CORP COM 574599106 750 47690 SH SOLE 47090 0 600 MASTEC INC COM 576323109 10369 972745 SH SOLE 969455 0 3290 MAXIMUS INC COM 577933104 15018 431300 SH SOLE 431300 0 0 MDU RES GROUP INC COM 552690109 15507 444830 SH SOLE 420340 0 24490 MEADOWBROOK INS GROUP INC COM 58319P108 2120 400000 SH SOLE 400000 0 0 MEDICAL STAFFING NETWK HLDGS COM 58463F104 7138 1849300 SH SOLE 1751600 0 97700 MET PRO CORP COM 590876306 7120 533333 SH SOLE 533333 0 0 MFRI INC COM 552721102 3020 200000 SH SOLE 200000 0 0 MICREL INC COM 594793101 25339 2769275 SH SOLE 2769275 0 0 MIDWAY GOLD CORP COM 598153104 4905 2500000 SH SOLE 2500000 0 0 MOCON INC COM 607494101 2178 200000 SH SOLE 200000 0 0 MODTECH HLDGS INC COM 60783C100 191 1822500 SH SOLE 1629800 0 192700 MONTEREY GOURMET FOODS INC COM 612570101 1157 572657 SH SOLE 572657 0 0 MUELLER WTR PRODS INC COM SER A 624758108 1211 150000 SH SOLE 150000 0 0 MUELLER WTR PRODS INC COM SER B 624758207 5551 650000 SH SOLE 650000 0 0 NAPCO SEC SYS INC COM 630402105 2961 653600 SH SOLE 653600 0 0 NATIONAL DENTEX CORP COM 63563H109 6699 530000 SH SOLE 530000 0 0 NAVIGANT CONSULTING INC COM 63935N107 35169 1798000 SH SOLE 1764200 0 33800 NEWPARK RES INC COM PAR $.01NEW 651718504 50924 6478825 SH SOLE 6296325 0 182500 O I CORP COM 670841105 2754 245900 SH SOLE 245900 0 0 OIL DRI CORP AMER COM 677864100 12908 719125 SH SOLE 696750 0 22375 OLIN CORP COM PAR $1 680665205 17748 677925 SH SOLE 677925 0 0 OMNICELL INC COM 68213N109 6150 466600 SH SOLE 466600 0 0 OMNOVA SOLUTIONS INC COM 682129101 8496 3056000 SH SOLE 2949200 0 106800 ORIGIN AGRITECH LIMITED SHS G67828106 23010 3847764 SH SOLE 3659064 0 188700 OSTEOTECH INC COM 688582105 14281 2509867 SH SOLE 2375857 0 134010 PACIFIC PREMIER BANCORP COM 69478X105 1465 284500 SH SOLE 284500 0 0 PACKAGING CORP AMER COM 695156109 13986 650225 SH SOLE 650225 0 0 PARK ELECTROCHEMICAL CORP COM 700416209 10638 437600 SH SOLE 437600 0 0 PATRICK INDS INC COM 703343103 2771 370025 SH SOLE 350025 0 20000 PDI INC COM 69329V100 16980 1949525 SH SOLE 1857325 0 92200 PENTAIR INC COM 709631105 3750 107095 SH SOLE 94085 0 13010 PERMA-FIX ENVIRONMENTAL SVCS COM 714157104 11447 3960945 SH SOLE 3714345 0 246600 PEROT SYS CORP CL A 714265105 6004 400000 SH SOLE 400000 0 0 PHOENIX FOOTWEAR GROUP INC COM 71903M100 1218 796000 SH SOLE 796000 0 0 PLEXUS CORP COM 729132100 1705 61600 SH SOLE 61100 0 500 POLYMET MINING CORP COM 731916102 15358 4004000 SH SOLE 4004000 0 0 PORTEC RAIL PRODS INC COM 736212101 9260 801700 SH SOLE 762200 0 39500 PPG INDS INC COM 693506107 8848 154235 SH SOLE 144850 0 9385 PRESIDENTIAL LIFE CORP COM 740884101 15420 1000000 SH SOLE 1000000 0 0 PRIMEDIA INC COM NEW 74157K846 6762 1451150 SH SOLE 1451150 0 0 PROSHARES TR ULTRASHRT O&G 74347R586 26840 1000000 SH SOLE 1000000 0 0 QUEST ENERGY PARTNERS L P COM UNIT LP IN 74836B209 401 24600 SH SOLE 19600 0 5000 QUEST RESOURCE CORP COM NEW 748349305 16758 1468700 SH SOLE 1420300 0 48400 QUIXOTE CORP COM 749056107 10218 1241550 SH SOLE 1241550 0 0 RAYMOND JAMES FINANCIAL INC COM 754730109 10875 412085 SH SOLE 385635 0 26450 RCM TECHNOLOGIES INC COM NEW 749360400 3894 903411 SH SOLE 902211 0 1200 REGAL ENTMT GROUP CL A 758766109 3733 244300 SH SOLE 244300 0 0 REGIS CORP MINN COM 758932107 10540 400000 SH SOLE 400000 0 0 RENT A CTR INC NEW COM 76009N100 670 32560 SH SOLE 32430 0 130 RICHARDSON ELECTRS LTD COM 763165107 8302 1400000 SH SOLE 1400000 0 0 RIVERVIEW BANCORP INC COM 769397100 1040 140600 SH SOLE 140600 0 0 ROSETTA RESOURCES INC COM 777779307 14250 500000 SH SOLE 500000 0 0 ROYAL CARIBBEAN CRUISES LTD COM V7780T103 9199 409385 SH SOLE 383215 0 26170 RPM INTL INC COM 749685103 2193 106480 SH SOLE 105290 0 1190 SAGA COMMUNICATIONS CL A 786598102 1919 383000 SH SOLE 383000 0 0 SANGAMO BIOSCIENCES INC COM 800677106 16254 1633549 SH SOLE 1633549 0 0 SAUER-DANFOSS INC COM 804137107 8406 269850 SH SOLE 269850 0 0 SCIELE PHARMA INC COM 808627103 9879 510550 SH SOLE 473840 0 36710 SEAGATE TECHNOLOGY SHS G7945J104 9700 507050 SH SOLE 465920 0 41130 SHOE CARNIVAL INC COM 824889109 3537 300000 SH SOLE 300000 0 0 SKYWORKS SOLUTIONS INC COM 83088M102 23241 2354750 SH SOLE 2350550 0 4200 SM&A COM 78465D105 4770 1000000 SH SOLE 1000000 0 0 SMITHFIELD FOODS INC COM 832248108 8291 417055 SH SOLE 381545 0 35510 SOUTHERN CMNTY FINL CORP COM 842632101 1845 300000 SH SOLE 300000 0 0 SPANISH BROADCASTING SYS INC CL A 846425882 4071 3571436 SH SOLE 3445300 0 126136 SPAR GROUP INC COM 784933103 1007 1228000 SH SOLE 1228000 0 0 SPECIALTY UNDERWRITERS ALLIA COM 84751T309 10223 1903685 SH SOLE 1833685 0 70000 SPHERION CORP COM 848420105 6976 1510000 SH SOLE 1510000 0 0 SRI/SURGICAL EXPRESS INC COM 78464W104 2702 831500 SH SOLE 831500 0 0 ST MARY LD & EXPL CO COM 792228108 67397 1042645 SH SOLE 1024645 0 18000 STAAR SURGICAL CO COM PAR $0.01 852312305 11102 3581350 SH SOLE 3360450 0 220900 STARTEK INC COM 85569C107 7592 807700 SH SOLE 806800 0 900 STELLARONE CORP COM 85856G100 2560 175311 SH SOLE 175311 0 0 STERIS CORP COM 859152100 17632 613070 SH SOLE 613070 0 0 STERLING FINL CORP WASH COM 859319105 2070 500000 SH SOLE 500000 0 0 STONE ENERGY CORP COM 861642106 13340 202400 SH SOLE 202400 0 0 STRATTEC SEC CORP COM 863111100 3522 100000 SH SOLE 100000 0 0 SUPERIOR INDS INTL INC COM 868168105 4205 249100 SH SOLE 249100 0 0 SUPREME INDS INC CL A 868607102 2922 600000 SH SOLE 600000 0 0 SWIFT ENERGY CO COM 870738101 94511 1430690 SH SOLE 1393370 0 37320 SYCAMORE NETWORKS INC COM 871206108 20268 6294255 SH SOLE 6108855 0 185400 SYNERGX SYSTEMS INC COM 87160C106 464 500000 SH SOLE 500000 0 0 TECHTEAM GLOBAL INC COM 878311109 12369 1157100 SH SOLE 1141100 0 16000 TELEFLEX INC COM 879369106 11663 209800 SH SOLE 209800 0 0 TEXAS CAPITAL BANKSHARES INC COM 88224Q107 1600 100000 SH SOLE 100000 0 0 TIDEWATER INC COM 886423102 4877 75000 SH SOLE 75000 0 0 TIER TECHNOLOGIES INC CL B 88650Q100 14082 1758074 SH SOLE 1675824 0 82250 TIMBERLAND BANCORP INC COM 887098101 802 100000 SH SOLE 100000 0 0 TIMKEN CO COM 887389104 10678 324170 SH SOLE 302370 0 21800 TRC COS INC COM 872625108 10726 2668200 SH SOLE 2568800 0 99400 TRINITY BIOTECH PLC SPON ADR NEW 896438306 3855 998650 SH SOLE 996650 0 2000 TRIQUINT SEMICONDUCTOR INC COM 89674K103 25894 4272900 SH SOLE 4097700 0 175200 TRIUMPH GROUP INC NEW COM 896818101 5644 119825 SH SOLE 119825 0 0 TXCO RES INC COM 87311M102 21658 1841650 SH SOLE 1791650 0 50000 UGI CORP NEW COM 902681105 12077 420650 SH SOLE 394530 0 26120 ULTRAPETROL BAHAMAS LTD COM P94398107 10005 793450 SH SOLE 730590 0 62860 UNION PAC CORP COM 907818108 2615 34630 SH SOLE 34360 0 270 UNIT CORP COM 909218109 16594 200000 SH SOLE 200000 0 0 UNIVERSAL FST PRODS INC COM 913543104 2667 89025 SH SOLE 89025 0 0 UNUM GROUP COM 91529Y106 9818 480095 SH SOLE 448265 0 31830 UQM TECHNOLOGIES INC COM 903213106 4528 2057973 SH SOLE 2037473 0 20500 UROPLASTY INC COM NEW 917277204 3994 1275975 SH SOLE 1275975 0 0 URS CORP NEW COM 903236107 4197 100000 SH SOLE 100000 0 0 WERNER ENTERPRISES INC COM 950755108 23599 1270155 SH SOLE 1219055 0 51100 WESCO INTL INC COM 95082P105 9594 239600 SH SOLE 223700 0 15900 WESTELL TECHNOLOGIES INC CL A 957541105 4515 3344400 SH SOLE 3344400 0 0 WHIRLPOOL CORP COM 963320106 1722 27890 SH SOLE 27790 0 100 WILLIAMS CLAYTON ENERGY INC COM 969490101 43985 400050 SH SOLE 400050 0 0 WIRELESS RONIN TECHNOLOGIES COM 97652A203 9231 1880000 SH SOLE 1880000 0 0 WONDER AUTO TECHNOLOGY INC COM 978166106 2812 400000 SH SOLE 400000 0 0 WORTHINGTON INDS INC COM 981811102 8300 404900 SH SOLE 404900 0 0 WYETH COM 983024100 11088 231202 SH SOLE 215602 0 15600 ZAREBA SYSTEMS INC COM 989131107 529 237000 SH SOLE 237000 0 0 TOTAL 2529784 TOTAL ENTITIES 256