Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CCK	Crown Holdings	2,698,034	$121M	2.8%	$44.74 *	$40.69	+4.5%	COM	228368106
JPM	JP Morgan Chase	1,960,940	$119M	2.8%	$60.71 *	$36.24	+22.0%	COM	46625H100
WFC	Wells Fargo	2,335,388	$116M	2.7%	$49.74 *	$27.36	+30.7%	COM	949746101
MMM	3M Company	811,518	$110M	2.6%	$135.66 *	$61.26	+27.5%	COM	88579Y101
STT	State Street	1,577,597	$110M	2.6%	$69.55 *	$44.60	+13.5%	COM	857477103
BALL	Ball	1,985,919	$109M	2.5%	$54.81 *	$19.77	+23.2%	COM	058498106
OMC	Omnicom Group	1,444,663	$105M	2.4%	$72.60 *	$40.69	+21.1%	COM	681919106
CAH	Cardinal Health	1,490,026	$104M	2.4%	$69.98 *	$33.18	+53.8%	COM	14149Y108
JNJ	Johnson & Johnson	1,042,939	$102M	2.4%	$98.23 *	$59.91	+18.3%	COM	478160104
RNR	RenaissanceRe	1,047,609	$102M	2.4%	$97.60	$88.61	+10.1%	COM	G7496G103
KSS	Kohl's	1,709,890	$97.12M	2.3%	$56.80	$49.81	+14.0%	COM	500255104
DVN	Devon Energy	1,436,194	$96.13M	2.2%	$66.93 *	$37.00	+21.9%	COM	25179M103
BAX	Baxter International	1,275,603	$93.86M	2.2%	$73.58 *	$30.51	+6.8%	COM	071813109
WU	Western Union	5,583,211	$91.34M	2.1%	$16.36	$17.11	—	COM	959802109
—	Laboratory Corp. of America	905,500	$88.93M	2.1%	$98.21	$98.21	—	COM	50540R409
—	Unilever NV	2,115,832	$87M	2.0%	$41.12	$38.90	—	COM	904784709
CCL	Carnival	2,285,211	$86.52M	2.0%	$37.86 *	$27.66	+14.6%	COM	143658300
MCD	McDonald's	857,388	$84.05M	2.0%	$98.03 *	$71.64	+1.1%	COM	580135101
—	Rock-Tenn	780,293	$82.38M	1.9%	$105.57	$100.74	—	COM	772739207
CTAS	Cintas	1,352,903	$80.65M	1.9%	$59.61 *	$9.70	+34.1%	COM	172908105
PM	Philip Morris Int'l	966,978	$79.17M	1.8%	$81.87 *	$48.02	-4.6%	COM	718172109
PGR	Progressive	3,202,352	$77.56M	1.8%	$24.22 *	$17.08	+1.7%	COM	743315103
XOM	Exxon Mobil	790,013	$77.17M	1.8%	$97.68 *	$53.69	+11.2%	COM	30231G102
BRK/B	Berkshire Hathaway Cl B	605,263	$75.64M	1.8%	$124.97	$110.02	+13.6%	COM	084670702
PNC	PNC Financial Services	829,184	$72.14M	1.7%	$87.00 *	$47.34	+28.0%	COM	693475105
—	Twenty-First Century Fox (non	2,226,540	$71.18M	1.7%	$31.97	$33.66	—	COM	90130A101
FISV	Fiserv	1,227,295	$69.58M	1.6%	$56.69 *	$24.32	+16.5%	COM	337738108
AXS	Axis Capital	1,503,432	$68.93M	1.6%	$45.85 *	$31.40	+6.5%	COM	G0692U109
UPS	United Parcel Service	696,959	$67.87M	1.6%	$97.38 *	$58.07	+10.8%	COM	911312106
MSFT	Microsoft	1,649,534	$67.61M	1.6%	$40.99 *	$26.70	+28.3%	COM	594918104
NVR	NVR	58,040	$66.57M	1.6%	$1147.00	$976.65	+17.4%	COM	62944T105
UNH	UnitedHealth Group	803,931	$65.92M	1.5%	$81.99 *	$50.75	+33.7%	COM	91324P102
QCOM	Qualcomm	832,673	$65.67M	1.5%	$78.86 *	$52.67	+7.7%	COM	747525103
AXP	American Express	728,745	$65.61M	1.5%	$90.03 *	$59.62	+27.7%	COM	025816109
—	Coca Cola Enterprises	1,312,351	$62.68M	1.5%	$47.76	$35.16	—	COM	19122T109
—	Willis Group Holdings plc	1,409,928	$62.22M	1.5%	$44.13	$41.21	—	COM	G96666105
PH	Parker Hannifin	515,665	$61.73M	1.4%	$119.71 *	$76.27	+29.1%	COM	701094104
ITW	Illinois Tool Works	742,834	$60.41M	1.4%	$81.33 *	$49.85	+24.2%	COM	452308109
—	Lam Research	1,094,268	$60.19M	1.4%	$55.00	$44.34	—	COM	512807108
PG	Procter & Gamble	682,345	$55M	1.3%	$80.60 *	$55.00	+5.3%	COM	742718109
CVX	Chevron	462,509	$55M	1.3%	$118.91 *	$71.30	+1.3%	COM	166764100
SCHW	Charles Schwab	1,944,139	$53.13M	1.2%	$27.33 *	$15.92	+49.3%	COM	808513105
BDX	Becton Dickinson	421,465	$49.34M	1.2%	$117.08 *	$78.11	+22.0%	COM	075887109
CL	Colgate Palmolive	750,164	$48.66M	1.1%	$64.87 *	$44.38	+11.2%	COM	194162103
—	Avon Products	3,014,164	$44.13M	1.0%	$14.64	$20.81	—	COM	054303102
WKC	World Fuel Svcs	852,431	$37.59M	0.9%	$44.10	$40.00	+10.3%	COM	981475106
BAC	Bank of America	2,156,469	$37.09M	0.9%	$17.20 *	$10.03	+35.2%	COM	060505104
BCO	Brink's	1,258,155	$35.92M	0.8%	$28.55 *	$23.53	+6.0%	COM	109696104
HENKY	Henkel AG ADR	339,159	$34.1M	0.8%	$100.54	$80.19	+25.1%	ADR	42550U109
MATV	Schweitzer Mauduit	768,232	$32.72M	0.8%	$42.59 *	$25.62	-4.0%	COM	808541106
—	ROVI Corp	1,349,735	$30.75M	0.7%	$22.78	$20.34	—	COM	779376102
DEO	Diageo plc ADR	223,486	$27.84M	0.7%	$124.59	$120.96	+3.0%	ADR	25243Q205
—	TCF Financial	1,648,967	$27.47M	0.6%	$16.66	$14.35	—	COM	872275102
TFX	Teleflex	250,137	$26.82M	0.6%	$107.24 *	$71.81	+37.7%	COM	879369106
KMT	Kennametal	583,505	$25.85M	0.6%	$44.30 *	$29.39	+9.9%	COM	489170100
ENTG	Entegris	1,938,929	$23.48M	0.5%	$12.11 *	$9.27	+25.1%	COM	29362U104
RS	Reliance Steel & Aluminum	329,010	$23.25M	0.5%	$70.66	$66.70	+5.9%	COM	759509102
MD	Mednax	363,988	$22.56M	0.5%	$61.98	$49.39	+25.5%	COM	58502B106
HAS	Hasbro	392,056	$21.81M	0.5%	$55.62 *	$30.22	+25.5%	COM	418056107
—	Noble Energy	302,113	$21.46M	0.5%	$71.04	$65.12	—	COM	655044105
CBSH	Commerce Bancshares	440,808	$20.46M	0.5%	$46.42 *	$24.53	+4.4%	COM	200525103
TTEK	Tetra Tech	690,019	$20.42M	0.5%	$29.59 *	$5.82	+1.6%	COM	88162G103
—	First Cash Financial Services	399,301	$20.15M	0.5%	$50.46	$55.42	—	COM	31942D107
GIL	Gildan Activewear	391,212	$19.71M	0.5%	$50.38 *	$16.97	+25.3%	COM	375916103
NX	Quanex Building Products	842,850	$17.43M	0.4%	$20.68 *	$14.65	+21.1%	COM	747619104
TER	Teradyne	860,283	$17.11M	0.4%	$19.89 *	$15.32	+19.5%	COM	880770102
—	Steelcase Cl A	912,781	$15.16M	0.4%	$16.61	$14.64	—	COM	858155203
STC	Stewart Information Services	412,222	$14.48M	0.3%	$35.13	$27.30	+28.7%	COM	860372101
HELE	Helen of Troy	203,847	$14.11M	0.3%	$69.23	$42.45	+63.1%	COM	G4388N106
—	Torchmark	167,583	$13.19M	0.3%	$78.70	$65.14	—	COM	891027104
—	City National	166,439	$13.1M	0.3%	$78.72	$63.46	—	COM	178566105
HENOY	Henkel AG ADR Pfd (non voting)	111,395	$11.99M	0.3%	$107.67	$96.41	+12.3%	ADR	42550U208
AER	AerCap Holdings N.V.	251,303	$10.6M	0.2%	$42.19	$37.69	+10.2%	COM	N00985106
—	Bemis Company	268,295	$10.53M	0.2%	$39.24	$39.21	—	COM	081437105
KMB	Kimberly Clark	74,000	$8.159M	0.2%	$110.26 *	$62.09	+14.7%	COM	494368103
NVRI	Harsco	307,849	$7.213M	0.2%	$23.43	$23.24	+0.8%	COM	415864107
WGO	Winnebago	206,809	$5.664M	0.1%	$27.39	$25.20	+8.7%	COM	974637100
—	Unilever PLC ADR	108,450	$4.64M	0.1%	$42.78	$41.66	—	ADR	904767704
—	G & K Services Cl A	56,677	$3.467M	0.1%	$61.17	$48.48	—	COM	361268105
COHU	COHU	149,950	$1.61M	0.0%	$10.74 *	$9.20	+5.8%	COM	192576106
—	Chubb	16,950	$1.514M	0.0%	$89.32	$84.67	—	COM	171232101
AMWD	American Woodmark	42,310	$1.424M	0.0%	$33.66 *	$34.69	-1.0%	COM	030506109
—	General Electric	53,174	$1.377M	0.0%	$25.90	$23.18	—	COM	369604103
EMR	Emerson Electric	17,700	$1.182M	0.0%	$66.78 *	$40.02	+21.6%	COM	291011104
MRSH	Marsh & McLennan	20,000	$986K	0.0%	$49.30 *	$31.19	+27.9%	COM	571748102
—	Dow Chemical	18,205	$885K	0.0%	$48.61	$32.30	—	COM	260543103
WMT	Wal Mart Stores	9,700	$741K	0.0%	$76.39 *	$19.98	+1.5%	COM	931142103
IBM	Intl Business Machines	3,696	$711K	0.0%	$192.37 *	$117.62	-2.7%	COM	459200101
PFE	Pfizer	19,782	$635K	0.0%	$32.10 *	$16.46	+13.4%	COM	717081103
MRK	Merck	10,910	$619K	0.0%	$56.74 *	$30.04	+25.3%	COM	58933Y105
—	National Western Life Insuranc	1,519	$371K	0.0%	$244.24	$224.26	—	COM	638522102
KO	Coca Cola	9,200	$356K	0.0%	$38.70 *	$26.95	-0.8%	COM	191216100
DGX	Quest Diagnostics	5,950	$345K	0.0%	$57.98 *	$46.22	-1.3%	COM	74834L100
—	Moneygram Int'l	18,750	$331K	0.0%	$17.65	$17.65	—	COM	60935Y208
—	Diebold	7,700	$307K	0.0%	$39.87	$33.71	—	COM	253651103
VZ	Verizon Communications	6,147	$293K	0.0%	$47.67 *	$26.84	-3.0%	COM	92343V104
LPLA	LPL Financial Holdings	5,520	$290K	0.0%	$52.54	$41.96	+25.2%	COM	50212V100
EBF	Ennis Inc.	17,110	$284K	0.0%	$16.60 *	$8.23	-4.5%	COM	293389102
—	Global Brass & Copper Holdings	17,730	$280K	0.0%	$15.79	$15.79	—	COM	37953G103
GIS	General Mills	5,000	$259K	0.0%	$51.80 *	$31.98	+7.9%	COM	370334104
—	Abraxas Petroleum	63,900	$253K	0.0%	$3.96	$3.96	—	COM	003830106
—	Platinum Underwriters	3,670	$221K	0.0%	$60.22	$60.22	—	COM	g7127p100
TBBK	Bancorp	11,080	$208K	0.0%	$18.77	$18.87	-0.3%	COM	05969A105
BAH	Booz Allen Hamilton	9,215	$203K	0.0%	$22.03 *	$15.00	+12.7%	COM	099502106
—	Spartan Motors	20,845	$107K	0.0%	$5.13	$6.32	—	COM	846819100