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
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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
3M Company COM 88579Y101 28,915 211,816 SH   SOLE   180,866 0 30,950
AbbVie, Inc. COM 00287Y109 33,653 441,700 SH   SOLE   373,490 0 68,210
ACI Worldwide, Inc. COM 004498101 22,540 933,322 SH   SOLE   881,703 0 51,619
Advance Auto Parts, Inc. COM 00751Y106 55,223 591,757 SH   SOLE   498,922 0 92,835
AES Corporation COM 00130H105 76,714 5,640,761 SH   SOLE   4,288,943 0 1,351,818
Air Transport Services Group, COM 00922R105 100,920 5,520,769 SH   SOLE   5,252,948 0 267,821
Allegheny Technologies Incorpo COM 01741R102 17,723 2,085,035 SH   SOLE   1,984,655 0 100,380
Alphabet Inc. Class C COM 02079K107 37,858 32,557 SH   SOLE   21,948 0 10,609
America Movil SAB de CV Sponso COM 02364W105 151 12,811 SH   SOLE   12,811 0 0
American Express Company COM 025816109 1,449 16,923 SH   SOLE   16,923 0 0
Amgen Inc. COM 031162100 40,554 200,039 SH   SOLE   169,212 0 30,827
AptarGroup, Inc. COM 038336103 564 5,670 SH   SOLE   5,670 0 0
Arcosa Inc COM 039653100 12,994 326,985 SH   SOLE   306,282 0 20,703
Argan, Inc. COM 04010E109 48,145 1,392,673 SH   SOLE   1,328,824 0 63,849
Armstrong World Industries, In COM 04247X102 32,782 412,764 SH   SOLE   386,781 0 25,983
Atkore International Group Inc COM 047649108 10,150 481,712 SH   SOLE   461,278 0 20,434
Atlantica Yield plc COM G0751N103 25,054 1,123,478 SH   SOLE   971,499 0 151,979
Avaya Holdings Corp. COM 05351X101 32,076 3,964,866 SH   SOLE   3,779,940 0 184,926
Axis Capital Holdings Limited COM G0692U109 57,890 1,497,792 SH   SOLE   1,371,832 0 125,960
Barrett Business Services, Inc COM 068463108 5,315 134,080 SH   SOLE   117,812 0 16,268
Berkshire Hathaway Inc. Class COM 084670702 90,891 497,133 SH   SOLE   327,233 0 169,900
Biglari Holdings, Inc. Class A COM 08986R408 1,242 4,181 SH   SOLE   3,913 0 268
BJ's Wholesale Club Holdings, COM 05550J101 68,108 2,674,051 SH   SOLE   2,547,519 0 126,532
Blackstone Group Inc. Class A COM 09260D107 501 10,989 SH   SOLE   10,989 0 0
Booking Holdings Inc. COM 09857L108 1,854 1,378 SH   SOLE   1,378 0 0
Bristol-Myers Squibb Company COM 110122108 59,302 1,063,905 SH   SOLE   899,466 0 164,439
Brookfield Asset Management In COM 112585104 40,688 919,497 SH   SOLE   603,979 0 315,518
Cannae Holdings, Inc. COM 13765N107 152,636 4,557,671 SH   SOLE   4,102,545 0 455,126
CDK Global Inc COM 12508E101 31,802 968,097 SH   SOLE   925,433 0 42,664
Cedar Fair, L.P. COM 150185106 7,329 399,639 SH   SOLE   334,268 0 65,371
Chubb Limited COM H1467J104 35,511 317,941 SH   SOLE   231,467 0 86,474
Cinemark Holdings, Inc. COM 17243V102 6,787 666,014 SH   SOLE   633,538 0 32,476
Cisco Systems, Inc. COM 17275R102 46,620 1,185,948 SH   SOLE   996,677 0 189,271
CNA Financial Corporation COM 126117100 18,404 592,901 SH   SOLE   494,670 0 98,231
Colfax Corporation COM 194014106 19,284 973,959 SH   SOLE   926,571 0 47,388
Comcast Corporation Class A COM 20030N101 114,274 3,323,849 SH   SOLE   2,483,471 0 840,378
Comfort Systems USA, Inc. COM 199908104 37,453 1,024,699 SH   SOLE   974,729 0 49,970
Computer Programs and Systems, COM 205306103 24,079 1,082,193 SH   SOLE   1,008,543 0 73,650
Constellation Brands, Inc. Cla COM 21036P108 329 2,295 SH   SOLE   2,295 0 0
Copart, Inc. COM 217204106 249 3,637 SH   SOLE   3,637 0 0
Core-Mark Holding Company, Inc COM 218681104 20,281 709,857 SH   SOLE   676,455 0 33,402
Corning Inc COM 219350105 45,991 2,239,092 SH   SOLE   1,913,264 0 325,828
CorVel Corporation COM 221006109 549 10,066 SH   SOLE   10,066 0 0
Cracker Barrel Old Country Sto COM 22410J106 5,731 68,861 SH   SOLE   65,718 0 3,143
CSG Systems International, Inc COM 126349109 8,873 212,028 SH   SOLE   178,294 0 33,734
Cubic Corporation COM 229669106 75,210 1,820,622 SH   SOLE   1,575,186 0 245,436
Discovery, Inc. Class C COM 25470F302 73,863 4,211,099 SH   SOLE   3,394,991 0 816,108
Dollar Tree, Inc. COM 256746108 2,221 30,232 SH   SOLE   30,232 0 0
Dominion Energy Inc COM 25746U109 54,212 750,967 SH   SOLE   641,673 0 109,294
DXC Technology Co. COM 23355L106 8,392 643,058 SH   SOLE   643,058 0 0
Enterprise Products Partners L COM 293792107 20,083 1,404,401 SH   SOLE   1,173,034 0 231,367
EVERTEC, Inc. COM 30040P103 7,457 328,080 SH   SOLE   284,352 0 43,728
Evolution Petroleum Corporatio COM 30049A107 3,544 1,357,889 SH   SOLE   1,168,388 0 189,501
Expedia Group, Inc. COM 30212P303 14,116 250,863 SH   SOLE   250,863 0 0
Extended Stay America, Inc. COM 30224P200 44,083 6,030,473 SH   SOLE   5,644,412 0 386,061
Fastenal Company COM 311900104 26,739 855,655 SH   SOLE   735,216 0 120,439
FGL Holdings Class A COM G3402M102 7,021 716,410 SH   SOLE   618,517 0 97,893
Fidelity National Financial, I COM 31620R303 39,313 1,580,087 SH   SOLE   1,437,784 0 142,303
First Citizens BancShares, Inc COM 31946M103 6,401 19,231 SH   SOLE   16,640 0 2,591
Forward Air Corporation COM 349853101 14,109 278,557 SH   SOLE   257,484 0 21,073
GCI Liberty, Inc. Class A COM 36164V305 111,816 1,962,715 SH   SOLE   1,713,745 0 248,970
Genuine Parts Company COM 372460105 7,879 117,015 SH   SOLE   99,180 0 17,835
GrafTech International Ltd. COM 384313508 76,971 9,479,245 SH   SOLE   8,014,108 0 1,465,137
Harsco Corporation COM 415864107 13,990 2,007,158 SH   SOLE   1,914,447 0 92,711
HollyFrontier Corporation COM 436106108 20,378 831,434 SH   SOLE   783,655 0 47,779
Home Depot, Inc. COM 437076102 9,321 49,920 SH   SOLE   42,182 0 7,738
Hostess Brands, Inc. Class A COM 44109J106 125,522 11,775,079 SH   SOLE   9,793,564 0 1,981,515
Illinois Tool Works Inc. COM 452308109 21,028 147,958 SH   SOLE   128,005 0 19,953
Ingles Markets, Incorporated C COM 457030104 31,620 874,459 SH   SOLE   817,166 0 57,293
Insperity, Inc. COM 45778Q107 30,610 820,647 SH   SOLE   780,877 0 39,770
Interpublic Group of Companies COM 460690100 26,419 1,631,798 SH   SOLE   1,455,047 0 176,751
Iron Mountain, Inc. COM 46284V101 36,504 1,533,784 SH   SOLE   1,322,727 0 211,057
iShares Russell 1000 Value ETF COM 464287598 322 3,245 SH   SOLE   3,245 0 0
Ituran Location and Control Lt COM M6158M104 11,561 813,571 SH   SOLE   742,517 0 71,054
J. Alexander's Holdings, Inc. COM 46609J106 3,190 832,955 SH   SOLE   711,234 0 121,721
Kimberly-Clark Corporation COM 494368103 57,246 447,686 SH   SOLE   383,781 0 63,905
Kinder Morgan Inc Class P COM 49456B101 85,802 6,163,944 SH   SOLE   4,581,848 0 1,582,096
Lazard Ltd Class A COM G54050102 12,143 515,396 SH   SOLE   461,071 0 54,325
Liberty Broadband Corp. Class COM 530307305 93,155 841,359 SH   SOLE   678,787 0 162,572
Liberty Latin America Ltd. Cla COM G9001E102 10,757 1,022,520 SH   SOLE   1,022,520 0 0
Liberty Latin America Ltd. Cla COM G9001E128 35,898 3,498,852 SH   SOLE   3,259,243 0 239,609
Liberty Media Corp. Series C L COM 531229607 33,170 1,049,023 SH   SOLE   692,445 0 356,578
Liberty TripAdvisor Holdings I COM 531465102 1,630 905,562 SH   SOLE   781,753 0 123,809
LKQ Corporation COM 501889208 66,512 3,242,887 SH   SOLE   2,762,401 0 480,486
LyondellBasell Industries NV COM N53745100 21,464 432,488 SH   SOLE   374,635 0 57,853
Madison Square Garden Co. Clas COM 55825T103 1,745 8,254 SH   SOLE   8,254 0 0
Magellan Midstream Partners, L COM 559080106 15,856 434,533 SH   SOLE   366,376 0 68,157
Marathon Petroleum Corporation COM 56585A102 15,080 638,425 SH   SOLE   551,385 0 87,040
Marcus & Millichap, Inc. COM 566324109 4,995 184,326 SH   SOLE   159,828 0 24,498
McKesson Corporation COM 58155Q103 40,292 297,885 SH   SOLE   191,774 0 106,111
Medtronic PLC COM G5960L103 12,624 139,985 SH   SOLE   120,652 0 19,333
Modine Manufacturing Company COM 607828100 2,320 713,732 SH   SOLE   618,405 0 95,327
Motorcar Parts of America, Inc COM 620071100 7,202 572,530 SH   SOLE   518,805 0 53,725
MSC Industrial Direct Co., Inc COM 553530106 25,640 466,429 SH   SOLE   438,914 0 27,515
MSG Networks Inc. Class A COM 553573106 4,543 445,418 SH   SOLE   408,393 0 37,025
Murphy USA, Inc. COM 626755102 28,551 338,447 SH   SOLE   319,454 0 18,993
NCR Corporation COM 62886E108 66,376 3,750,064 SH   SOLE   3,183,933 0 566,131
Newmark Group, Inc. Class A COM 65158N102 6,051 1,423,845 SH   SOLE   1,354,306 0 69,539
NextEra Energy, Inc. COM 65339F101 229 953 SH   SOLE   953 0 0
Nielsen Holdings Plc COM G6518L108 18,927 1,509,317 SH   SOLE   1,509,317 0 0
nVent Electric plc COM G6700G107 27,307 1,618,646 SH   SOLE   1,543,355 0 75,291
Oaktree Specialty Lending Corp COM 67401P108 19,498 6,017,989 SH   SOLE   5,590,647 0 427,342
Omnicom Group Inc COM 681919106 27,199 495,437 SH   SOLE   423,343 0 72,094
Oracle Corporation COM 68389X105 25,901 535,919 SH   SOLE   457,607 0 78,312
Park Aerospace Corp. COM 70014A104 8,255 655,176 SH   SOLE   568,314 0 86,862
PBF Energy, Inc. Class A COM 69318G106 7,258 1,025,086 SH   SOLE   973,787 0 51,299
PepsiCo, Inc. COM 713448108 37,075 308,697 SH   SOLE   262,993 0 45,704
Pfizer Inc. COM 717081103 37,986 1,163,794 SH   SOLE   990,518 0 173,276
PICO Holdings, Inc. COM 693366205 5,318 683,600 SH   SOLE   577,929 0 105,671
PNC Financial Services Group, COM 693475105 30,058 314,022 SH   SOLE   269,788 0 44,234
Premier Inc. Class A COM 74051N102 144,261 4,408,958 SH   SOLE   3,714,490 0 694,468
Progressive Corporation COM 743315103 52,789 714,914 SH   SOLE   465,036 0 249,878
QUALCOMM Incorporated COM 747525103 27,673 409,065 SH   SOLE   344,684 0 64,381
Quest Diagnostics Incorporated COM 74834L100 14,679 182,796 SH   SOLE   155,992 0 26,804
Raytheon Company COM 755111507 1,597 12,178 SH   SOLE   12,178 0 0
Resideo Technologies, Inc. COM 76118Y104 9,269 1,915,064 SH   SOLE   1,824,877 0 90,187
Resources Connection, Inc. COM 76122Q105 8,170 744,763 SH   SOLE   708,790 0 35,973
Royal Gold, Inc. COM 780287108 329 3,749 SH   SOLE   3,749 0 0
RPM International Inc. COM 749685103 10,197 171,375 SH   SOLE   148,752 0 22,623
Ryman Hospitality Properties, COM 78377T107 11,474 320,061 SH   SOLE   281,825 0 38,236
Sabre Corp. COM 78573M104 10,803 1,821,681 SH   SOLE   1,745,831 0 75,850
Sandstorm Gold Ltd. COM 80013R206 408 81,427 SH   SOLE   81,427 0 0
Seaboard Corporation COM 811543107 309 110 SH   SOLE   110 0 0
Sensient Technologies Corporat COM 81725T100 16,764 385,284 SH   SOLE   335,998 0 49,286
Six Flags Entertainment Corpor COM 83001A102 10,670 850,853 SH   SOLE   799,151 0 51,702
SP Plus Corporation COM 78469C103 8,309 400,424 SH   SOLE   346,967 0 53,457
Starbucks Corporation COM 855244109 2,893 44,000 SH   SOLE   44,000 0 0
Stock Yards Bancorp, Inc. COM 861025104 5,842 201,939 SH   SOLE   161,316 0 40,623
Target Corporation COM 87612E106 49,418 531,553 SH   SOLE   453,960 0 77,593
TJX Companies Inc COM 872540109 8,918 186,531 SH   SOLE   156,839 0 29,692
TPI Composites, Inc. COM 87266J104 13,857 937,579 SH   SOLE   890,739 0 46,840
Tractor Supply Company COM 892356106 448 5,304 SH   SOLE   5,304 0 0
Trimas Corporation COM 896215209 5,983 259,007 SH   SOLE   224,647 0 34,360
TriNet Group, Inc. COM 896288107 10,078 267,596 SH   SOLE   255,253 0 12,343
Truist Financial Corporation COM 89832Q109 41,522 1,346,360 SH   SOLE   1,143,711 0 202,649
U.S. Bancorp COM 902973304 42,427 1,231,550 SH   SOLE   1,040,591 0 190,959
UniFirst Corporation COM 904708104 103,699 686,338 SH   SOLE   563,304 0 123,034
Unilever PLC Sponsored ADR COM 904767704 45,931 908,273 SH   SOLE   775,249 0 133,024
United Parcel Service, Inc. Cl COM 911312106 42,730 457,392 SH   SOLE   384,857 0 72,535
UnitedHealth Group Incorporate COM 91324P102 51,754 207,529 SH   SOLE   135,068 0 72,461
US Ecology, Inc. COM 91734M103 14,847 488,384 SH   SOLE   465,716 0 22,668
Vail Resorts, Inc. COM 91879Q109 335 2,265 SH   SOLE   2,265 0 0
Valero Energy Corporation COM 91913Y100 12,568 277,076 SH   SOLE   243,478 0 33,598
Ventas, Inc. COM 92276F100 23,335 870,724 SH   SOLE   751,403 0 119,321
Verizon Communications Inc. COM 92343V104 61,060 1,136,423 SH   SOLE   960,626 0 175,797
Verra Mobility Corp. Class A COM 92511U102 3,428 480,103 SH   SOLE   416,566 0 63,537
Viad Corp COM 92552R406 22,879 1,077,655 SH   SOLE   1,025,735 0 51,920
Vonage Holdings Corp. COM 92886T201 24,619 3,405,107 SH   SOLE   3,290,299 0 114,808
W. R. Berkley Corporation COM 084423102 430 8,242 SH   SOLE   8,242 0 0
Walgreens Boots Alliance Inc COM 931427108 47,791 1,044,603 SH   SOLE   745,743 0 298,860
Walt Disney Company COM 254687106 28,389 293,880 SH   SOLE   196,722 0 97,158
Watsco, Inc. COM 942622200 508 3,215 SH   SOLE   3,215 0 0
Webster Financial Corporation COM 947890109 5,009 218,751 SH   SOLE   190,448 0 28,303
Wells Fargo & Company COM 949746101 16,380 570,725 SH   SOLE   469,078 0 101,647
WesBanco, Inc. COM 950810101 10,090 425,757 SH   SOLE   337,774 0 87,983
White Mountains Insurance Grou COM G9618E107 70,325 77,280 SH   SOLE   72,814 0 4,466
Williams Companies, Inc. COM 969457100 23,497 1,660,590 SH   SOLE   1,421,509 0 239,081
World Fuel Services Corporatio COM 981475106 22,739 903,048 SH   SOLE   862,705 0 40,343
Yelp Inc COM 985817105 32,093 1,779,952 SH   SOLE   1,694,417 0 85,535