The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AEROJET ROCKETDYNE HOLDINGS IN COM 007800105 24,922 798,774 SH   SOLE   698,605 0 100,169
ALTRIA GROUP INC COM COM 02209s103 499 6,989 SH   SOLE   6,989 0 0
AMERICAN AIRLS GRP INC COM COM 02376r102 9,247 177,728 SH   SOLE   158,605 0 19,123
AMERICAN EXPRESS CO COM COM 025816109 5,709 57,488 SH   SOLE   51,168 0 6,320
AMGEN INC COM COM 031162100 1,502 8,640 SH   SOLE   8,640 0 0
APPLE COMPUTER COM 037833100 16,573 97,934 SH   SOLE   87,830 0 10,104
ASPEN INSURANCE HOLDINGS LTD COM g05384105 5,644 139,022 SH   SOLE   120,064 0 18,958
BEAZER HOMES USA INC COM NEW COM 07556Q881 9,855 513,012 SH   SOLE   436,489 0 76,523
BERKSHIRE HATHAWAY INC CL B COM 084670702 278 1,400 SH   SOLE   1,400 0 0
BIG LOTS INC COM COM 089302103 6,069 108,093 SH   SOLE   94,220 0 13,873
BIO-RAD LABORATORIES COM 090572207 6,693 28,042 SH   SOLE   24,370 0 3,672
BIOELECTRONICS CORP COM COM 09062H108 0 60,000 SH   SOLE   60,000 0 0
BOEING COM 097023105 280 950 SH   SOLE   950 0 0
BP PLC SPONSORED ADR COM 055622104 395 9,398 SH   SOLE   9,398 0 0
BRAVO BRIO RESTAURANT COM COM 10567b109 132 52,979 SH   SOLE   52,979 0 0
BRISTOL-MYERS SQUIBB CO COM COM 110122108 344 5,606 SH   SOLE   5,606 0 0
BRISTOW GROUP INC COM 110394103 206 15,315 SH   SOLE   15,315 0 0
CATERPILLAR INC DEL COM COM 149123101 519 3,295 SH   SOLE   3,295 0 0
CHEVRON CORP NEW COM COM 166764100 1,842 14,714 SH   SOLE   14,714 0 0
CISCO SYS INC COM COM 17275R102 7,809 203,898 SH   SOLE   184,335 0 19,563
COHEN & STEERS INC COM COM 19247A100 11,552 244,274 SH   SOLE   219,091 0 25,183
COLGATE PALMOLIVE CO COM COM 194162103 362 4,800 SH   SOLE   4,800 0 0
COMCAST CORP COM CL A COM 20030N101 13,547 338,255 SH   SOLE   301,804 0 36,451
DDR CORP COM COM 23317h102 189 21,065 SH   SOLE   21,065 0 0
DELL TECHNOLOGIES INC COM CL V COM 24703l103 7,069 86,972 SH   SOLE   77,393 0 9,579
EOG RES INC COM COM 26875P101 8,119 75,237 SH   SOLE   67,993 0 7,244
ESTEE LAUDER COS INC COM COM 518439104 10,864 85,380 SH   SOLE   75,154 0 10,226
EXXON CORP COM COM 30231G102 902 10,781 SH   SOLE   10,781 0 0
FEC RESOURCES INC COM COM 30246x108 1 170,600 SH   SOLE   170,600 0 0
FOREST CITY ENTERPRISES INC CO COM 345605109 12,507 518,964 SH   SOLE   456,570 0 62,394
FOSSIL GROUP COM 34988V106 2,684 345,480 SH   SOLE   298,480 0 47,000
FRANKLIN RES INC COM COM 354613101 4,833 111,528 SH   SOLE   99,238 0 12,290
GATX CORP COM COM 361448103 8,117 130,576 SH   SOLE   115,838 0 14,738
GENERAL ELEC CO COM COM 369604103 5,242 300,384 SH   SOLE   258,641 0 41,743
HAWAIIAN HOLDINGS INC COM COM 419879101 452 11,350 SH   SOLE   11,350 0 0
HP INC COM 40434L105 6,518 310,234 SH   SOLE   277,399 0 32,835
HUDSON PACIFIC PROPERTIES COM 444097109 3,846 112,282 SH   SOLE   77,282 0 35,000
HYSTER YALE MATLS HAND CL A COM 449172105 8,859 104,033 SH   SOLE   89,736 0 14,297
INTEL CORP COM COM 458140100 12,187 264,011 SH   SOLE   226,020 0 37,991
INTERNATIONAL BUS MACH COM COM 459200101 324 2,115 SH   SOLE   2,115 0 0
J P MORGAN CHASE & CO COM COM 46625H100 12,246 114,508 SH   SOLE   100,946 0 13,562
JOHNSON & JOHNSON COM COM 478160104 9,045 64,734 SH   SOLE   57,263 0 7,471
KAISER ALUMINUM CORP COM PAR $ COM 483007704 11,881 111,197 SH   SOLE   95,647 0 15,550
KIMBERLY CLARK CORP COM COM 494368103 414 3,431 SH   SOLE   3,431 0 0
KLX INC. COM 482539103 12,610 184,757 SH   SOLE   159,371 0 25,386
KULICKE AND SOFFA INDUSTRIES I COM 501242101 240 9,865 SH   SOLE   9,865 0 0
LILLY ELI & CO COM COM 532457108 5,686 67,319 SH   SOLE   60,265 0 7,054
LKQ CORP COM COM 501889208 13,748 338,046 SH   SOLE   290,071 0 47,975
LOEWS CORP COM COM 540424108 2,481 49,594 SH   SOLE   49,594 0 0
LULULEMON ATHLETICA IN COM COM 550021109 8,818 112,202 SH   SOLE   96,152 0 16,050
MAGELLAN MIDSTREAM PRT COM UNI COM 559080106 336 4,730 SH   SOLE   4,730 0 0
MARCHEX INC CL B COM 56624r108 3,530 1,092,958 SH   SOLE   956,264 0 136,694
MERCK & CO INC NEW COM COM 58933Y105 7,745 137,645 SH   SOLE   120,374 0 17,271
MOELIS & COMPANY COM 60786M105 10,049 207,206 SH   SOLE   181,456 0 25,750
MONDELEZ INTL INC COM 609207105 244 5,696 SH   SOLE   5,696 0 0
MRC GLOBAL INC COM COM 55345K103 243 14,385 SH   SOLE   14,385 0 0
NEWFIELD EXPL CO COM COM 651290108 4,827 153,079 SH   SOLE   132,160 0 20,919
NOBILIS HEALTH CORP COM 65500B103 1,021 756,623 SH   SOLE   676,623 0 80,000
NORDSON CORP COM COM 655663102 16,443 112,316 SH   SOLE   100,475 0 11,841
NORDSTROM INC COM COM 655664100 5,642 119,079 SH   SOLE   105,888 0 13,191
NORWEGIAN CRUISE LINE HOLDINGS COM G66721104 7,279 136,693 SH   SOLE   120,795 0 15,898
NOVAPET PRODUCTS INC COM COM 669875106 0 12,000 SH   SOLE   12,000 0 0
OMNOVA SOLUTIONS INC COM COM 682129101 10,956 1,095,593 SH   SOLE   988,707 0 106,886
ORACLE CORP COM COM 68389X105 9,928 209,988 SH   SOLE   183,384 0 26,604
PFIZER INC COM COM 717081103 692 19,111 SH   SOLE   19,111 0 0
PHILIP MORRIS INTL INC COM COM 718172109 1,277 12,088 SH   SOLE   12,088 0 0
PROCTER & GAMBLE CO COM COM 742718109 407 4,432 SH   SOLE   4,432 0 0
PROGRESSIVE CORP OHIO COM COM 743315103 1,315 23,350 SH   SOLE   23,350 0 0
PULTE GROUP INC COM COM 745867101 22,438 674,831 SH   SOLE   585,216 0 89,615
RPM INC OHIO COM COM 749685103 405 7,722 SH   SOLE   7,722 0 0
SCHLUMBERGER LTD COM COM 806857108 7,161 106,267 SH   SOLE   92,222 0 14,045
SCHWAB CHARLES CORP NEW COM COM 808513105 18,572 361,535 SH   SOLE   311,344 0 50,191
SIMON PPTY GROUP NEW COM COM 828806109 8,638 50,298 SH   SOLE   44,684 0 5,614
SKYWORKS SOLUTIONS INC COM COM 83088m102 12,950 136,387 SH   SOLE   119,023 0 17,364
STARBUCKS CORP COM COM 855244109 817 14,229 SH   SOLE   14,229 0 0
STEM CELL AUTH LTD COM 85857c108 0 10,000 SH   SOLE   10,000 0 0
SVB FINL GROUP COM COM 78486q101 11,941 51,082 SH   SOLE   43,517 0 7,565
TENET HEALTHCARE CORP COM COM 88033g407 3,707 244,517 SH   SOLE   210,052 0 34,465
TERADYNE INC COM COM 880770102 13,519 322,881 SH   SOLE   277,196 0 45,685
TETRA TECH INC NEW COM COM 88162G103 8,199 170,276 SH   SOLE   155,949 0 14,327
TIME WARNER INC COM COM 887317303 5,427 59,330 SH   SOLE   52,929 0 6,401
TIMKEN CO COM COM 887389104 287 5,830 SH   SOLE   5,830 0 0
TRANSOCEAN INC COM COM H8817H100 1,363 127,652 SH   SOLE   117,050 0 10,602
UNITED NAT FOOD INC COM COM 911163103 10,126 205,521 SH   SOLE   178,768 0 26,753
UNITED TECHNOLOGIES COM 913017109 210 1,648 SH   SOLE   1,648 0 0
VERIZON COMMUNICATIONS COM COM 92343V104 236 4,458 SH   SOLE   4,458 0 0
VISA INC COM CL A COM 92826c839 291 2,550 SH   SOLE   2,550 0 0
WALT DISNEY CO COM COM 254687106 8,180 76,084 SH   SOLE   66,921 0 9,163
WELLS FARGO & CO NEW COM COM 949746101 9,337 153,902 SH   SOLE   134,753 0 19,149
WEYERHAEUSER CO COM COM 962166104 10,063 285,396 SH   SOLE   247,676 0 37,720
WYNDHAM WORLDWIDE CORP COM COM 98310W108 9,301 80,267 SH   SOLE   70,700 0 9,567
LAZARD EMERGING MARKETS EQUITY MEUS 52106N392 526 40,644 SH   SOLE   40,644 0 0
LAZARD FDS INC EMERG MKT RETL MEUS 52106n764 2,655 128,904 SH   SOLE   128,904 0 0
LAZARD FDS INC EMKTS EQBL OPN MEUS 52106N418 1,175 90,717 SH   SOLE   90,717 0 0