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2009 Forbes 200 25-Nov-09

Best Small Companies

*intrinsic value calculated automatically with spreadsheet. Detailed calculation required later on. DCF, Graham Fair Values and EPV were at time of writing

Graham Net Asset


No SYM Company Name Description Price** DCF* EPV
Value Value

Lumber Liquidators, Inc. (Lumber Liquidators) is a specialty retailer of hardwood flooring in the United States. The Company
offers a selection of hardwood flooring products under multiple brands. As of December 31, 2008, it sold its products
through 150 Lumber Liquidators stores in 44 states, a call center, its Website and a catalog. It offers an assortment of
1 LL Lumber Liquidators Inc hardwood flooring that includes prefinished domestic and exotic hardwoods, engineered hardwoods, unfinished $24.17 $14.31 $11.32 $12.71
hardwoods, bamboo, cork and laminates. In total, the Company offers nearly 350 different flooring product stock-keeping
units. It also offers an assortment of flooring enhancements and installation accessories, including moldings, noise-reducing
underlay and adhesives.

Allegiant Travel Company (Allegiant Travel) is a leisure travel company focused on transporting travelers in small cities to
leisure destinations, such as Las Vegas, Nevada, Phoenix, Arizona, Orlando, Florida, Tampa/St. Petersburg, Florida and Ft.
2 ALGT Allegiant Travel Co $41.80 $14.00 $18.71 N/A
Lauderdale, Florida. It operates a low-cost passenger airline marketed to leisure travelers in small cities, allowing it to sell air
travel both on a stand-alone basis and bundled with hotel rooms, rental cars and other travel related services.

Quality Systems, Inc. develops and markets healthcare information systems that automate certain aspects of medical and
dental practices, networks of practices, such as physician hospital organizations (PHOs) and management service
organizations (MSOs), ambulatory care centers, community health centers, and medical and dental schools. The Company
3 QSII Quality Systems Inc also provides revenue cycle management (RCM) services through its Practice Solutions division of NextGen. The Company is $61.83 N/A N/A N/A
consisted of the QSI Division and a wholly owned subsidiary, NextGen Healthcare Information Systems, Inc. (NextGen
Division). The QSI Division focuses on developing, marketing and supporting software suites sold to dental and certain niche
medical practices.

LHC Group, Inc. (LHC Group) provides post-acute health care services to patients through its home nursing agencies,
hospices and long-term acute care hospitals (LTACHs). Through its wholly and majority owned subsidiaries, equity joint
ventures and controlled affiliates, the Company operates in Louisiana, Mississippi, Arkansas, Alabama, Texas, Kentucky,
Florida, Tennessee, Georgia, Virginia, West Virginia, Ohio, Missouri, Oklahoma, Maryland and Washington. The Company
4 LHCG LHC Group Inc operates in two segments: home-based services and facility-based services. In September 2008, LHC Group announced two $31.60 $33.00 $28.14 $25.81
separate acquisitions, both effective September 1, 2008. LHC Group acquired 100% of the assets of Mountaineer Home
Health located in Charleston, West Virginia. The agency will operate under the name of Mountaineer HomeCare. The
Company also acquired 100% of the home health assets of the Jackson County Board of Health located in Ripley, West
Virginia.
Green Mountain Coffee Roasters, Inc. is engaged in the specialty coffee industry. The Company sells over 100 whole bean
and ground coffee selections, hot cocoa, teas and coffees in K-Cup portion packs, Keurig single-cup brewers and other
accessories. The Company manages its operations through two business segments, Green Mountain Coffee (GMC) and
Keurig, Incorporated (Keurig). GMC sells whole bean and ground coffee, hot cocoa, teas and coffees in K-Cups mainly in
Green Mountain Coffee
5 GMCR domestic wholesale and retail markets, and directly to consumers. In addition, GMC sells Keurig single-cup brewers and $63.96 $4.00 $10.19 $17.76
Roasters Inc
other accessories primarily directly to consumers and to supermarkets. In November 2009, Green Mountain Coffee
Roasters, Inc. acquired Timothy`s Coffees of the World, Inc. from an affiliate of Sun Capital Partners, Inc. The acquisition
includes the Timothy`s World Coffee brand and wholesale business (but does not include retail operations), and will be
maintained as a wholly owned Canadian subsidiary.

Transcend Services, Inc. (Transcend) provides medical transcription services to the healthcare industry. The Company
provides two primary medical transcription options for customers: the provision of transcription services and technology
using the Company�s BeyondTXT workflow platform, and the provision of transcription services using the customer�s or
6 TRCR Transcend Services Inc licensed third party transcription system. On January 1, 2009, the purchased certain assets of DeVenture Global Health $18.75 $12.20 $10.33 $7.26
Partners (DeVenture). Effective April 1, 2009, the Company acquired the domestic medical transcription business of
Transcription Relief Services, LLC. On August 31, 2009, the Company completed the acquisition of Medical Dictation
Services, Inc.

Rackspace Hosting, Inc. (Rackspace Hosting), incorporated on March 7, 2000, is engaged in the business of hosting and
7 RAX Rackspace Hosting Inc cloud computing. The Company�s services are sold to businesses in more than 120 countries. The Company sells a suite of $18.33 N/A N/A N/A
hosting and cloud computing offerings, all backed by Fanatical Support.

NVE Corporation (NVE) develops and sells devices that use spintronics, a nanotechnology that relies on electron spin rather
than electron charge to acquire, store and transmit information. The Company manufactures high-performance spintronic
products, including sensors and couplers that are used to acquire and transmit data. It has also licensed spintronic
magnetoresistive random access memory technology (MRAM). The Company�s designs are generally based on either giant
8 NVEC NVE Corp magnetoresistance (GMR) or tunneling magnetoresistance (TMR). These structures produce a change in electrical resistance $39.50 $37.45 $24.67 $23.66
depending on the electron spin orientation in a free layer. The Company�s sensor products detect the presence of a
magnet or metal to determine position or speed. The GMR changes its electrical resistance depending on the magnetic
field. In its devices, GMR is combined with conventional foundry integrated circuitry and packaged in the same way as
conventional integrated circuits.

American Public Education, Inc. is a provider of online postsecondary education directed at the needs of the military and
public service communities. The Company operates through two universities: American Military University (AMU), and
American Public University (APU), which together constitute the American Public University System. The Company �s
American Public universities share a common faculty and curriculum that includes 74 degree programs and 51 certificate programs in
9 APEI $32.37 $15.55 $7.00 $17.49
Education Inc disciplines related to national security, military studies, intelligence, homeland security, criminal justice, technology,
business administration, education and liberal arts. During the year ended December 31, 2008, the Company served over
45,000 students living in all 50 states and more than 130 foreign countries. Its university system is regionally and nationally
accredited.

American Science and Engineering, Inc. (AS&E) develops, manufactures, markets, and sells X-ray inspection and other
detection solutions for homeland security and other targeted markets. AS&E provides maintenance, warranty, research,
engineering, and training services related to these solutions. The Company manufactures X-ray inspection products that can
American Science & be used to inspect parcels, baggage, vehicles, pallets, cargo containers, and people. It sells its products to a variety of
10 ASEI $70.11 $62.49 $70.01 $56.00
Engineering Inc customers, including authorities responsible for port and border security, military organizations, high threat commercial and
government facilities, aviation security agencies and legal enforcement agencies. Its products are used by these customers
to help combat terrorism, trade fraud, drug trafficking, weapons smuggling, and illegal immigration. Its products are also
used for military force protection and general facility security.

Dolby Laboratories, Inc. develops and delivers products and technologies that are used in the entertainment industry. The
Company�s technologies are used in digital versatile disc (DVD), players and personal computer DVD playback software,
digital televisions, set top boxes, portable media devices and in a range of consumer electronic products, such as gaming
systems and audio/video receivers. Its products are also used by movie theatres and broadcasters worldwide. The
11 DLB Dolby Laboratories Inc $43.98 $47.24 $40.19 $34.41 $9.51
Company generates revenue by licensing its technologies to manufacturers of consumer electronics products and media
software vendors and by selling its professional products and related services to entertainment content creators, producers
and distributors. The Company has licensed its technologies to manufacturers in approximately 25 countries. It sells its
products and services in over 85 countries.

HMS Holdings Corp. (HMS) provides a variety of cost management services for government-sponsored health and human
services programs. HMS�s customers are State Medicaid agencies, Medicaid managed care plans, Pharmacy Benefits
Managers (PBM), child support agencies, the Veterans Health Administration, the Centers for Medicare & Medicaid Services
(CMS), and other public programs. As of December 31, 2008, the Company served 36 state Medicaid agencies and 92
12 HMSY HMS Holdings Corp Medicaid health plans (under 37 contracts). HMS also provides coordination of benefits and third party insurance $45.00 $25.89 $21.87 $20.98 $4.35
identification services to 21 Veterans Integrated Service Networks of the Veterans Health Administration, and child support
agencies in 11 states. On September 16, 2008, the Company acquired Prudent Rx, Inc. Prudent Rx�s products and services
include pharmacy audits, PBM audits and Long-Term Care Audits. In September 2009, the Company acquired the business
of IntegriGuard LLC.
Synaptics Incorporated is a worldwide developer and supplier of custom-designed user interface solutions that enable
people to interact and intuitively with a variety of mobile computing, communications, entertainment and other electronic
devices. The Company targets the personal computer (PC) market and the market for digital lifestyle products, including
mobile smartphones and feature phones, portable digital music and video players, and other select electronic device
13 SYNA Synaptics Inc markets with its customized human interface solutions. Its original equipment manufacturer (OEM) customers include tier $25.81 $27.48 $21.55 $17.96 $6.35
one PC OEMs. The Company supplies custom designed human interface solutions to its OEM customers through their
contract manufacturers. Through its OneTouch offering, the Company enable its customers to access the technologies to
develop their own human interface designs for capacitive button and scrolling applications for products, such as mobile
smartphones and feature phones.

Jos. A. Bank Clothiers, Inc. (Jos. A. Bank) is a designer, retailer and direct marketer (through stores, catalog and Internet) of
men�s tailored and casual clothing and accessories. It sells all of its products exclusively under the Jos. A. Bank label
through its 460 retail stores (as of January 31, 2009, which includes seven outlet stores and 12 franchise stores) located
throughout 42 states and the District of Columbia in the United States, as well as through the Company�s nationwide
14 JOSB Jos A Bank Clothiers Inc $41.74 $50.18 $51.99 $53.20 $18.91
catalog and Internet (www.josbank.com) operations. Its products are targeted at the male career professional and
emphasize the Jos. A. Bank brand of tailored and casual clothing and accessories. The Company�s products, which range
from the original Jos. A. Bank Executive collection to the more luxurious Jos. A. Bank Signature collection to the exclusive
Jos. A. Bank Signature Gold collection. Jos. A. Bank operates through two segments: Stores and Direct Marketing.

PetMed Express, Inc. (PetMed) and its subsidiaries, doing business as 1-800-PetMeds, is a pet pharmacy. The Company
markets prescription and non-prescription pet medications, and other health products for dogs, cats, and horses direct to
the consumer. The Company markets its products through national television, online, and direct mail/print advertising
15 PETS PetMed Express Inc $16.65 $15.49 $14.03 $13.67 $3.88
campaigns. PetMed offers a selection of products for dogs, cats, and horses. As of March 31, 2009, its product line contains
approximately 750 stock keeping units (skus). These products include brands of medication, such as Frontline Plus, K9
Advantix, Advantage, Heartgard Plus, Sentinel, Interceptor, Program, Revolution, Deramaxx and Rimadyl.

Medifast, Inc. (Medifast) is engaged in the production, distribution, and sale of weight management and disease
management products and other consumable health and diet products. The Company�s product lines include weight and
disease management, meal replacement, and vitamins primarily manufactured in its modern, the United States Food and
Drug Administration (FDA) approved facility in Owings Mills, Maryland. The Company�s operations are primarily conducted
16 MED Medifast Inc $27.53 N/A N/A N/A N/A
through five of its wholly owned subsidiaries, Jason Pharmaceuticals, Inc. (Jason), Take Shape for Life, Inc. (TSF), Jason
Enterprises, Inc., Jason Properties, LLC and Seven Crondall, LLC. The Company offers a variety of weight and disease
management products under the Medifast brand and for select private label customers. It's distribution channels include
Medifast Direct, Take Shape for Life, Medifast Weight Control Centers and Medifast Physicians.

Orion Marine Group, Inc. (Orion) is a marine specialty contractor serving the heavy civil marine infrastructure market. The
Company provides different marine construction services on, over and under the water along the Gulf Coast, the Atlantic
Seaboard and in the Caribbean Basin. Orion's customers are federal, state and municipal governments, as well as private
17 ORN Orion Marine Group Inc $19.66 $12.81 $22.35 $8.47 $4.05
commercial and industrial enterprises. Orion acts as a single-source, turnkey solution for its customers� marine contracting
needs. The Company provides dredging, repair and maintenance, and other specialty services. Many of Orion's contracts
encompass multiple services within a single project. On February 29, 2008, Orion acquired Subaqueous Service, Inc. (SSI).

MSCI Inc. (MSCI) is a provider of investment decision support tools, including indices and portfolio risk and performance
analytics for use by institutions in managing equity, fixed income and multi-asset class portfolios. The Company �s principal
products are its international equity indices marketed under the MSCI brand and its equity portfolio analytics marketed
under the Barra brand. Its products are used in many areas of the investment process, including portfolio construction and
18 MXB MSCI Inc $30.87 N/A N/A N/A ($1.99)
optimization, performance benchmarking and attribution, risk management and analysis, index-linked investment product
creation, asset allocation, investment manager selection and investment research. The Company�s primary products
consist of equity indices, equity portfolio analytics and multi-asset class portfolio analytics. As of November 30, 2008, the
Company had over 3,100 clients across 64 countries.

InterDigital, Inc. designs and develops digital wireless technologies for use in digital cellular and wireless Institute of
Electrical and Electronic Engineers (IEEE) 802 related products. The Company participates in and contributes its technology
solutions to worldwide organizations responsible for the development and approval of Standards, to which digital cellular
and IEEE 802 compliant products are built, and its contributions are regularly incorporated into such Standards. The
19 IDCC InterDigital Inc Company offers for license or sale its SlimChip family of mobile broadband modem solutions (which includes modem $23.98 $18.23 $11.86 $39.41 $1.88
Internet protocol (IP) know-how, baseband integrated circuits (ICs) and Reference Platforms) to mobile device
manufacturers, semiconductor companies and other equipment producers that manufacture, use and sell digital cellular
products. InterDigital has built its suite of technology and offerings through independent development, joint development
with other companies and selected acquisitions.

Capella Education Company, is an online postsecondary education services company. Through its wholly owned subsidiary,
Capella University (the University), the Company offers a variety of bachelor�s, master�s and doctoral degree programs
primarily delivered to working adults. At December 31, 2008, Capella Education Company offered over 1,020 online courses
20 CPLA Capella Education Co and 22 academic programs with 111 specializations to approximately 26,800 learners. The Company also offers certificate $72.55 $43.25 $41.53 $44.51 $10.06
programs, which consist of a series of courses focused on a particular area of study. In addition, Capella Education Company
offers academic services, such as advising, writing and research services; administrative services, such as online class
registration and transcript requests; library services; financial aid counseling and career counseling services.

AZZ incorporated (AZZ) is an electrical equipment and components manufacturer, serving the global markets of power
generation, transmission and distribution, and the general industrial markets. The Company is also a provider of hot dip
galvanizing services to the steel fabrication market nationwide. AZZ offers products through two business segments: the
Electrical and Industrial Products Segment, and the Galvanizing Services Segment. The Electrical and Industrial Products
21 AZZ AZZ inc $34.39 $32.11 $7.11 $18.97 $12.01
Segment produces engineered specialty electrical products, industrial lighting and tubular products, all of which the
Company markets and sells both domestic and international markets. The Galvanizing Services Segment provides hot dip
galvanizing to the steel fabrication industry through facilities located throughout the South, Midwest and Southwest United
States. The Company acquired AAA Industries, Inc. on April 1, 2008. It acquired Blenkhorn and Sawle, Ltd. on July 1, 2008.

The Middleby Corporation, through its operating subsidiary Middleby Marshall Inc. (Middleby Marshall) and its subsidiaries,
is engaged in the design, manufacture, marketing, distribution, and service of a line of cooking and warming equipment
used in all types of commercial restaurants and institutional kitchens and food preparation, cooking and packaging
equipment for food processing operations. It conducts its business through three principal business segments: the
22 MIDD Middleby Corp Commercial Foodservice Equipment Group; the Food Processing Equipment Group, and the International Distribution $46.00 $50.06 $67.09 $20.32 ($11.57)
Division. The Commercial Foodservice Equipment Group has a portfolio of brands and cooking and warming equipment.
The Food Processing Equipment Group provides a range of products designed for the food processing industry. Middleby �s
International Distribution Division provides integrated export management and distribution services. In January 2009, it
completed its acquisition of TurboChef Technologies, Inc.

Emergent BioSolutions Inc. is a biopharmaceutical company focused on the development, manufacture and
commercialization of vaccines and immune-related therapeutics that assist the body�s immune system to prevent or treat
disease. The Company develop vaccines and therapeutics for use against biological agents that are potential weapons of
bioterrorism and biowarfare and infectious diseases that have resulted in significant unmet or underserved public health
23 EBS Emergent BioSolutions Inc $14.26 $7.58 $15.04 $10.51 $7.52
needs. It manufactures and markets BioThrax, also referred to as anthrax vaccine adsorbed, the only vaccine approved by
the United States Food and Drug Administration (FDA), for the prevention of anthrax infection. BioThrax is approved for pre-
exposure prevention of anthrax infection by all routes of exposure, including inhalation. In addition to the BioThrax
product, the Company have product candidates in advanced stages of development and earlier stages of development.

Hittite Microwave Corporation designs and develops integrated circuits (ICs), modules and subsystems for radio frequency
(RF) microwave and millimeterwave applications. The Company offers a range of standard and custom ICs, modules and
subsystems that perform a range of functions across the RF, microwave and millimeterwave frequency bands. As of
December 31, 2008, the Company had approximately 730 standard products spanning 20 product lines. The products are
24 HITT Hittite Microwave Corp used in a range of wired and wireless communications applications, such as cellular telephone base stations, microwave and $38.70 $34.85 $31.64 $24.67 $9.36
millimeterwave radio systems, broadband wireless access systems, and direct broadcast satellite systems. They are also
used in detection, measurement and imaging applications including military communication, targeting, guidance and
electronic countermeasure systems, commercial, scientific and military spacecraft, automotive collision avoidance systems,
medical imaging systems and industrial test equipment.

Almost Family, Inc. (Almost Family), along with its subsidiaries, is a provider of home health services. The Company has
service locations in Florida, Kentucky, Connecticut, New Jersey, Ohio, Massachusetts, Alabama, Missouri, Illinois,
Pennsylvania and Indiana. The Company operates in two segments: Visiting Nurse (VN) and Personal Care (PC). The
Company is compensated for its services by Medicare (Visiting Nurse only), Medicaid, other third party payors (insurance
25 AFAM Almost Family Inc $37.53 $11.20 $21.03 $17.93 $3.97
companies and other sources) and private pay (paid by personal funds). Its VN segment provides a range of Medicare-
certified home health nursing services to patients in need of recuperative care, following a period of hospitalization or care
in another type of inpatient facility. The Company�s PC segment provides services in patients' homes on an as-needed,
hourly, or live-in basis. During the year ended December 31, 2008, the Company acquired 11 visiting nurse branch locations.

Wright Express Corporation (Wright Express) is a provider of payment processing and information management services to
the United States commercial and government vehicle fleet industry. The Company provides services in the United States,
Canada, New Zealand, and Australia.The Company�s operations are organized into two segments: Fleet and MasterCard.
The Fleet segment provides customers with payment processing services specifically designed for the needs of vehicle fleet
26 WXS Wright Express Corp $29.79 $12.69 $28.32 $17.29 $1.81
industries. The MasterCard segment provides customers with a payment processing solution for their corporate purchasing
and transaction monitoring needs. The Company�s wholly owned banking subsidiary, Wright Express Financial Services
Corporation (FSC) approves the customer applications and owns the customer relationships for the fuel and maintenance
programs, and offers the MasterCard-branded corporate payment solution.

Syntel, Inc. (Syntel) is a provider of information technology and Knowledge Process Outsourcing (KPO) services to Global
2000 companies in the financial services, healthcare, life sciences, insurance, manufacturing, automotive, retail, telecom
and other industries. The Company�s service offerings are grouped into four segments: Applications Outsourcing, KPO, e-
Business and TeamSourcing. Applications Outsourcing consists of outsourcing services for ongoing management,
27 SYNT Syntel Inc development and maintenance of business applications. KPO consists of high-value, customized outsourcing solutions. $39.37 $25.23 $27.57 $18.96 $8.01
Syntel�s primary KPO focus is in the financial services, healthcare and insurance sectors. e-Business consists of practice
areas in Web solutions, Data Warehousing/Business Intelligence, Enterprise Resource Planning (ERP) and Enterprise
Applications Integration (EAI) services. TeamSourcing consists of professional Information Technology (IT) consulting
services.
FactSet Research Systems Inc. (FactSet) is a provider of integrated global financial and economic information, including
fundamental financial data on tens of thousands of companies worldwide. FactSet offers access to financial data and
analytics to thousands of investment professionals around the world. FactSet provides the tools to download, combine, and
manipulate financial data for investment analysis. FactSet applications support and make workflows for buy and sell-side
Factset Research Systems
28 FDS professionals. These professionals include portfolio managers, research and performance analysts, risk managers, marketing $72.50 $55.73 $61.36 $36.00 $5.86
Inc
professionals, sell-side equity research professionals, investment bankers and fixed income professionals. FactSet
applications provide users access to company analysis, multicompany comparisons, industry analysis, company screening,
portfolio analysis, portfolio optimization and simulation, real-time news, and quotes and tools to value and analyze fixed
income securities and portfolios.

IEC Electronics Corp. (IEC) is a provider of electronic manufacturing services (EMS) to technology companies. The Company
specializes in the custom manufacture of circuit cards, system level assemblies and an array of custom cable/wire harness
29 IEC IEC Electronics Corp $4.35 $2.33 $0.63 $4.26 $2.47
assemblies. On May 30, 2008, the Company acquired Val-U-Tech Corp. (Val-U-Tech). Val-U-Tech manufactures a portfolio of
custom cable/wire harness assemblies, mechanical sub-assemblies, circuit card assemblies and box builds.

Deckers Outdoor Corporation is engaged in designing, producing and managing footwear and the category creator in the
sport sandal, luxury sheepskin, and footwear segments. The Company sell the products, including accessories, such as
handbags, headwear, packs and outerwear, through domestic retailers and international distributors and directly to the
consumers, both domestically and internationally, through Websites, call centers, retail concept stores and retail outlet
30 DECK Deckers Outdoor Corp stores. The Company markets its products under four brands: UGG, Teva, Simple and TSUBO. Teva is the Company's brand $93.92 $85.11 $71.78 $58.85 $31.55
of the sport sandal market of product line, such as casual open-toe and closed-toe footwear, adventure travel shoes,
outdoor cross training shoes, trail running shoes, amphibious footwear, light hikers, and other rugged outdoor footwear
styles and accessories. UGG is the brand and the category creator for luxury sheepskin footwear. The Simple brand
comprises sustainable footwear and accessories.

Strayer Education, Inc. is a post-secondary education services corporation. The Company offers a variety of academic
programs through its wholly owned subsidiary, Strayer University, Inc., both in classroom courses and online via the
Internet. The Strayer University is an institution of higher learning that offers undergraduate and graduate degree programs
in business administration, accounting, information technology, education and public administration at 65 campuses in
31 STRA Strayer Education Inc $194.34 $125.43 $118.14 $94.95 $5.12
Alabama, Delaware, Florida, Georgia, Kentucky, Maryland, New Jersey, North Carolina, Pennsylvania, South Carolina,
Tennessee, Utah, Virginia, West Virginia and Washington, D.C. As part of its program offering, the University also offers
classes online via the Internet. As of December 31, 2008, the Company had more than 44,000 students enrolled in its
programs.

Bio-Reference Laboratories, Inc. (Bio-Reference) is principally engaged in providing clinical laboratory testing services,
primarily to customers in the greater New York metropolitan area, as well as to customers in a number of other states. Bio-
Reference offers a list of chemical diagnostic tests, including blood and urine analysis, blood chemistry, hematology
Bio-Reference services, serology, radioimmuno analysis, toxicology (including drug screening), pap smears, tissue pathology (biopsies) and
32 BRLI $32.92 $26.09 $18.79 $18.61 $3.83
Laboratories Inc other tissue analysis. The Company operates two clinical laboratories, one in Elmwood Park, New Jersey and one in Valley
Cottage, New York, and an andrology laboratory in New York City, a cytogenetics testing laboratory located in Milford,
Massachusetts, a pathology laboratory in Poughkeepsie, New York, a pathology laboratory in Clarksburg, Maryland and a
genetics laboratory in Gaithersburg, Maryland.

Hawkins, Inc. (Hawkins) is engaged in distributing, blending and manufacturing bulk and specialty chemicals for the
customers in a range of industries. The Company operates in two business segments: Industrial and Water Treatment. The
Industrial Group operates the Industrial segment, which specializes in providing industrial chemicals, products and services
primarily to the agriculture, energy, electronics, food, chemical processing, pulp and paper, pharmaceutical, medical device
33 HWKN Hawkins Inc $22.56 $23.56 $17.81 $18.39 $4.36
and plating industries. The group�s principal products are acids, alkalis and industrial and food-grade salts. The Water
Treatment Group operates the Water Treatment segment, which specializes in providing equipment, chemicals and
solutions for potable water, municipal and industrial wastewater, industrial process water and non-residential swimming
pool water.

Natural Gas Services Group, Inc. (Natural Gas Services Group) is a provider of small-to-medium horsepower compression
equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas production
business in the United States (such as coalbed methane, gas shales and tight gas). Natural Gas Services Group
manufactures, fabricates and rents natural gas compressors that enhance the production of natural gas wells and provide
Natural Gas Services
34 NGS maintenance services for those compressors. In addition, it sells custom fabricated natural gas compressors to meet $17.93 N/A $33.54 N/A ($0.23)
Group Inc
customer specifications dictated by well pressures, production characteristics and particular applications. It also
manufactures and sells flare systems for oil and gas plant and production facilities. The Company identifies its segments
based upon major revenue sources, which include Gas Compressor Rental, Engineered Equipment Sales, Service and
Maintenance and Corporate.

GulfMark Offshore, Inc. provides offshore marine services primarily to companies involved in offshore exploration and
production of oil and natural gas. The Company's vessels transport materials, supplies and personnel to offshore facilities,
as well as move and position drilling structures. The Company and its subsidiaries operate through three segments: the
North Sea, Southeast Asia and the Americas. Offshore support vessels generally fall into seven functional classifications
35 GLF GulfMark Offshore Inc $28.07 $41.94 $48.30 $37.33 ($14.84)
derived from their primary or predominant operating characteristics or capabilities: anchor handling, towing and supply
vessels (AHTs), platform supply vessels (PSVs), Fast Supply or Crew Vessels (FSVs/Crewboat), specialty vessels (SpVs),
standby rescue vessels (Stby), construction support vessels and utility vehicles. On July 1, 2008, the Company acquired
Rigdon Marine Holdings, L.L.C. (Rigdon Holdings).

F5 Networks, Inc. is a provider of application delivery networking products that ensure the security, optimization and
availability of applications for any user, anywhere. The Company�s core technology is hardware and software for
application delivery networking, including application security, secure remote access, wide area network (WAN)
optimization and file virtualization. All of its products are systems that integrate its software with purpose-built hardware
36 FFIV F5 Networks Inc $48.03 $34.60 $24.54 $20.67 $2.15
that incorporates commodity components. The Company�s BIG-Internet protocol (IP) product family supports a number of
features and functions as software modules, including Global Traffic Manager (GTM), Link Controller, Application Security
Manager (ASM) and WebAccelerator. It also sells ASM, FirePass, WANJet and WebAccelerator as separate, stand-alone
appliances.

The Ensign Group, Inc. (Ensign) is a provider of nursing and rehabilitative care services through the operation of facilities
located in California, Arizona, Texas, Washington, Utah and Idaho. During the year ended December 31, 2008, the Company
owned or leased 63 facilities. Its facilities provide a spectrum of skilled nursing, physical, occupational and speech
therapies, and other rehabilitative and healthcare services and, in certain facilities, assisted living services, for both long-
37 ENSG Ensign Group Inc term residents and short-stay rehabilitation patients. The facilities have a collective capacity of over 7,600 skilled nursing, $14.49 $13.52 $19.84 $10.97 ($2.71)
assisted living and independent living beds. As of December 31, 2008, Ensign owned 32 of its facilities and operated an
additional 31 facilities under long-term lease arrangements. Effective October 1, 2009, The Ensign Group, Inc. acquired
Golden Acres, an operating skilled nursing and independent living campus, as well as a separate hospice business, both in
Dallas, Texas.
ICF International, Inc. provides management, technology, and policy consulting and implementation services to
government, commercial and international clients. The Company helps its clients conceive, develop, implement and
improve solutions that address economic, social and national security issues. Its services primarily address four markets:
energy and climate change; environment and infrastructure; health, human services and social programs, and homeland
38 ICFI ICF International Inc security and defense. The Company�s advisory and management consulting services include needs and markets $27.50 $27.87 $29.69 $12.18 ($10.69)
assessment, policy analysis, strategy and concept development, change management strategy, enterprise architecture, and
program design. Its implementation services include information technology solutions, project and program management,
project delivery, strategic communications and training. On February 13, 2008, it acquired Jones & Stokes Associates, Inc. In
April 2009, the Company acquired Macro International Inc.
Buffalo Wild Wings, Inc. (Buffalo Wild Wings) is an owner, operator and franchisor of restaurants featuring a variety of
boldly-flavored, cravable menu items, including its Buffalo, New York-style chicken wings spun in any of the Company �s 14
signature sauces. The Company's concept offers elements of the quick casual and casual dining restaurant concepts
featuring a service model that allows its guests to choose among dining options, such as casual counter service, casual
39 BWLD Buffalo Wild Wings Inc dining table service or take out. Buffalo Wild Wings' menu, priced between the quick casual and casual dining segments, $41.38 N/A $36.18 $6.31 ($1.81)
features fresh chicken wings and other items, including boneless wings, chicken tenders, popcorn shrimp, specialty
hamburgers and sandwiches, wraps, Buffalito soft tacos, appetizers and salads. As of December 30, 2007, the Company
owned or franchised 493 Buffalo Wild Wings restaurants in 37 states, of which 161 were Company-owned and 332 were
franchised.
Chattem, Inc. (Chattem) is a marketer and manufacturer of a portfolio of branded over-the-counter (OTC) healthcare
products, toiletries and dietary supplements, in such categories as medicated skin care products, topical pain care, oral
care, internal OTC, medicated dandruff shampoos, dietary supplements, and other OTC and toiletry products. The
Company�s portfolio of products includes brands, such as Gold Bond, Cortizone-10 and Balmex (medicated skin care); Icy
40 CHTT Chattem Inc Hot, Aspercreme and Capzasin (topical pain care); ACT and Herpecin-L (oral care); Unisom, Pamprin and Kaopectate $67.62 $71.70 $66.39 $26.95 ($17.82)
(internal OTC); Selsun Blue (medicated dandruff shampoos); Dexatrim, Garlique and New Phase (dietary supplements), and
Bullfrog, UltraSwim and Sun-In (other OTC and toiletry products). Its products are sold primarily through mass
merchandisers, independent and chain drug stores, drug wholesalers and food stores in the United States, and in various
markets in approximately 80 countries worldwide.

LSB Industries, Inc. (LSB) is a diversified holding company, which operates through its wholly owned subsidiary,
ThermaClime, Inc. (ThermaClime) and its subsidiaries. The Company operates in two segments: Climate Control and
Chemical. Climate Control business is engaged in the manufacturing and selling of a range of heating, ventilation and air
41 LXU LSB Industries Inc $12.37 $14.64 $16.79 $16.64 $0.14
conditioning (HVAC) products for use in commercial and residential new building construction, renovation of existing
buildings and replacement of existing systems. Chemical business is engaged in the manufacturing and selling of chemical
products produced from plants in Texas, Arkansas and Alabama for the industrial, mining and agricultural markets.

PROS Holdings Inc. is a provider of pricing and margin optimization software, an emerging category of enterprise
applications designed to allow companies to improve financial performance. The Company�s software products help
customers gain insight into their pricing strategies, identify detrimental pricing practices, optimize their pricing decision-
making and improve their business processes and financial performance. Its software products incorporate pricing science,
42 PRO PROS Holdings?Inc $8.00 $6.47 $8.36 $8.00 $1.58
which includes operations research, forecasting and statistics. Its science-based software products analyze, execute and
optimize pricing strategies using data elements determined using pricing science, including the pocket price, pocket margin,
customer willingness-to-pay, customer cost-to-serve, win-loss ratios, market price, stretch price and other relevant
information, as well as data from traditional enterprise applications.
Somanetics Corporation develops, manufactures and markets the In Vivo Optical Spectroscopy (INVOS) System, a non-
invasive patient monitoring system that continuously measures changes in the blood oxygen levels in the brain and
elsewhere in the body in tissues beneath the sensor in patients with or at risk for restricted blood flow. The INVOS System
consists of a portable monitoring system, including technology, which is used with multiple single-use disposable sensors,
43 SMTS Somanetics Corp $14.53 $14.08 $6.59 $17.38 $4.89
called SomaSensors or OxyAlert sensors. During the fiscal year ended November 30, 2008 (fiscal 2008), net revenues from
disposable sensors comprised approximately 72% of its net revenues. As of November 30, 2008, the Company had an
installed base of 2,523 INVOS System monitors in the United States in 714 hospitals, and during fiscal 2008, it sold 424,647
sensors worldwide. In November 2008, it acquired ICU Data Systems, Inc., a technology development company,

Arena Resources, Inc. (Arena) is engaged in the acquisition, exploration and development of oil and gas properties, and the
production and sale of oil and gas. The Company owns interests in oil and gas properties located in Oklahoma, Texas,
Kansas and New Mexico. The Company has a portfolio of oil and natural gas reserves, with approximately 85% of its proved
reserves consisting of oil and approximately 15% consisting of natural gas. Approximately 31% of Arena's proved reserves
44 ARD Arena Resources Inc $40.73 N/A $17.12 $7.90 ($1.04)
are classified as proved developed producing (PDP); approximately 7% of its proved reserves are classified as proved
developed non-producing (PDNP), and approximately 62% are classified as proved undeveloped (PUD). The Company sells
its oil and natural gas production to end users, marketers and other purchasers who have access to nearby pipeline
facilities. During the year ended December 31, 2008, the Company completed the drilling of 233 wells.

NutriSystem, Inc. is a provider of a weight management system based on a portion-controlled, prepared meal program. The
Company provides a weight management program, consisting primarily of a pre-packaged food program and counseling.
The Company�s customers purchase monthly food packages containing a 28-day supply of breakfasts, lunches, dinners and
desserts, which they supplement with fresh dairy, fruit, salad, vegetables and low-glycemic carbohydrate items. Most of the
45 NTRI NutriSystem Inc $24.47 $21.12 $27.90 $31.39 $2.74
Company�s customers order on an auto-delivery basis (Auto-Delivery), in which it sends a month�s food supply on an
ongoing basis until notified by the customer to stop the shipments. The Company�s NutriSystem Advanced program
consists of over 150 portion-controlled food items that provide dieters with an intake of carbohydrates, proteins and fats.
On July 1, 2008, it acquired certain assets of Power Chow, LLC (doing business as NuKitchen).

Hi-Shear Technology Corporation (Hi-Shear) designs and manufactures pyrotechnic, mechanical and electronic products for
the aerospace industry, national defense and other applications where pyrotechnic power is desirable. Its products are
primarily used in space satellites and satellite launch vehicles, exploration missions, strategic missiles, tactical weapons,
advanced fighter aircraft and military systems. Customers, such as the military, satellite manufacturers, launch vehicle
46 HSR Hi Shear Technology Corp $19.19 $12.95 $17.47 $6.99 $1.52
assemblers, United States Government departments and agencies, including National Aeronautics and Space Administration
(NASA), foreign space agencies, and others in the aerospace and defense business use Hi-Shear�s products. Hi-Shear�s
products consist primarily of pyrotechnic power cartridges and various types of separation devices, with the strength to
fasten two structures under rigorous conditions and then provide quick release upon command.

Atlantic Tele-Network, Inc. provides wireless and wireline telecommunications services in North America and the Caribbean.
Through its operating subsidiaries, the Company offers the services, which include Wireless, Local Telephone and Data and
International Long Distance Voice and Data Services. It conducts its operations in the mainland United States, Guyana,
Bermuda, and United States Virgin Islands through its subsidiaries, which include Guyana Telephone & Telegraph (GT&T),
47 ATNI Atlantic Tele-Network Inc $49.35 $32.09 $45.92 $20.63 ($3.52)
Commnet Wireless, LLC, Sovernet, Inc., Bermuda Digital Communications, Ltd (BDC) and Choice Communications, LLC
(Choice). Through its operating subsidiaries, it provides wireless, local telephone and data, international long distance
services and wholesale transport services. It provides Internet access services as an Internet service provider (ISP). The
Company acquired ION Holdco, LLC (ION) in August 2008.

Energy Recovery, Inc. is engaged in developing, manufacturing and selling energy recovery devices for selling in the
seawater desalination. The subsidiaries of the Company include Osmotic Power, Inc., Energy Recovery, Inc. International,
and Energy Recovery Iberia, S.L. There are two methods of producing drinking water from seawater: thermal distillation and
membrane or reverse osmosis desalination. Thermal distillation involves heating seawater, capturing the vapor and
48 ERII Energy Recovery Inc $5.79 N/A N/A N/A $1.89
condensing it as potable water. Reverse osmosis desalination entails pressurizing seawater and driving it into filtering
membranes to produce pure water and concentrated brine, which is carried away in a high pressure reject stream. The
energy recovery products are used in reverse osmosis desalination. The products of the Company are sold under the
trademarks ERI, PX, Pressure Exchanger and PX Pressure Exchanger.

Red Hat Inc.(Red Hat) is engaged in providing open source software solutions to the enterprise, including its core enterprise
operating system platform, Red Hat Enterprise Linux, its enterprise middleware platform, JBoss Enterprise Middleware, its
virtualization solutions and other Red Hat enterprise technologies. The Company employs an open source software
development and licensing model that uses the collaborative input of an international community of contributors to
49 RHT Red Hat Inc $27.50 $10.55 N/A $10.79 $0.74
develop and enhance software. The collectively developed software is distributed under open source licenses, such as the
GNU General Public License and GNU Lesser General Public License, permitting access to the human-readable software
source code. In March 2008, the Company acquired Amentra, Inc., and in September 2008, it acquired Qumranet, Inc. Its
wholly owned subsidiary is Red Hat Professional Consulting, Inc.

National Presto Industries, Inc. operates in three business segments: Housewares/Small Appliance, Defense Products and
Absorbent Products. The Housewares/Small Appliance segment designs, markets and distributes housewares and small
National Presto Industries electrical appliances, including pressure cookers and canners, kitchen electrics, and comfort appliances. The Defense
50 NPK $95.03 $96.49 $70.00 $79.25 $35.99
Inc Products segment manufactures 40mm ammunition, precision mechanical and electro-mechanical assemblies, medium
caliber cartridge cases, and performs Load, Assemble and Pack (LAP) operations on ordnance related products primarily for
the U.S. government and prime contractors.

Dril-Quip, Inc. (Dril-Quip) designs, manufactures, sells and services engineered offshore drilling and production equipment
for use in deepwater, harsh environment and service applications. The Company�s principal products consist of subsea and
surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems,
specialty connectors and associated pipe, drilling and production riser systems, liner hangers, wellhead connectors and
51 DRQ Dril-Quip Inc $54.77 $46.37 $45.35 $27.88 $11.30
diverters. Dril-Quip�s products are used by integrated, large independent and foreign national oil and gas companies in
offshore areas worlwide. Dril-Quip also provides technical advisory assistance on an as-requested basis during installation of
its products, as well as rework and reconditioning services for customer-owned Dril-Quip products. In addition, Dril-Quip �s
customers may rent or purchase running tools from the Company for use in the installation and retrieval of its products.

NCI, Inc. (NCI) is a provider of information technology (IT), engineering, and professional services and solutions to federal
government agencies. The Company provides IT and professional services and systems solutions by leveraging across eight
service offerings: enterprise systems management, network engineering; information assurance and cybersecurity; systems
52 NCIT NCI Inc engineering and integration; program management, acquisition, and lifecycle support; engineering and logistics; medical $26.35 $21.95 $26.83 $10.76 $0.08
transformation/health IT; and distance learning and training. On March 15, 2008, the Company completed the acquisition of
a business from MTC Technologies, Inc. In August 2009, the Company acquired the outstanding capital stock of TRS
Consulting, Inc.

Computer Programs and Systems, Inc. (CPSI) is a healthcare information technology company that designs, develops,
markets, installs and supports computerized information technology systems to meet the demands of small and midsize
hospitals. The Company is a single-source vendor providing software and hardware products, complemented by data
conversion, complete installation and extensive support. Its integrated, enterprise-wide system automates the
Computer Programs And
53 CPSI management of clinical and financial data across the primary functional areas of a hospital. In addition, it provides services $47.33 $26.18 $30.36 $19.71 $2.61
Systems Inc
that enable its customers to outsource certain data-related business processes. It provides fully integrated, enterprise-wide,
Health Insurance Portability and Accountability Act (HIPAA) compliant medical information systems and services that
collect, process, retain and report data in the primary functional areas of a hospital, from patient care to clinical processing
to administration and accounting.
AeroVironment, Inc. designs, develops, produces and supports a portfolio of unmanned aircraft systems (UAS), that it
supplies primarily to organizations within the United States Department of Defense (DoD), charging systems for electric
industrial vehicle batteries and electric vehicle test systems devices that it supplies to commercial and government
customers. The Company derives the majority of its revenue from these business areas. The Company's core technological
54 AVAV AeroVironment Inc capabilities include lightweight aerostructures, electric propulsion systems, electric energy generation and storage systems, $28.92 $23.01 $5.74 $17.77 $7.75
energy packaging, miniaturization, controls integration and systems engineering optimization. The Company is organized
into two segments: UAS and Efficient Energy Systems. The Company�s UAS business segment focuses primarily on the
design, development, production and support of UAS that provide situational awareness to the security of its customers'
operations.

Meridian Bioscience, Inc. is a fully-integrated life science company. The Company�s principal businesses are the
development, manufacture, sale and distribution of diagnostic test kits, primarily for certain respiratory, gastrointestinal,
viral and parasitic infectious diseases; the manufacture and distribution of bulk antigens, antibodies, and reagents used by
researchers and other diagnostic manufacturers, and the contract development and manufacture of proteins and other
55 VIVO Meridian Bioscience Inc $21.08 $15.21 $17.23 $11.71 $2.08
biologicals for use by biopharmaceutical and biotechnology companies engaged in research for new drugs and vaccines. It
has three business segments: US Diagnostics, European Diagnostics and Life Science. The Company�s primary source of
domestic and international revenues is core diagnostic products, which represented 83% of consolidated net sales during
the fiscal year ended September 30, 2008 (fiscal 2008).

Dynamic Materials Corporation is an industrial manufacturer of equipment and materials, to support the infrastructure of
the process and energy industries. It provides explosion-welded clad metal plates. The Company operates in three business
segments: Explosive Metalworking (which is also referred as DMC Clad), Oilfield Products (which is also referred as
DYNAwell or DYNAenergetics) and AMK Welding (AMK Welding). DMC Clad's products are used in critical applications in a
56 BOOM Dynamic Materials Corp range of industries, including oil and gas, alternative energy, chemical and petrochemical, hydrometallurgy, aluminum $19.99 $19.40 $29.76 $17.01 ($0.95)
production, shipbuilding, power generation and industrial refrigeration. The Company through the Oilfield Products
segment provides a range of products for the global oil and gas industries. The AMK Welding segment provides advanced
welding services, primarily to the power turbine and aircraft engine manufacturing industries. In October 2009, Dynamic
Materials Corporation acquired LRI Oil Tools Inc.

Concur Technologies, Inc. (Concur) is a global provider of on-demand Employee Spend Management solutions. The
Company�s solutions unite online travel procurement with automated expense reporting, streamline corporate event
management, and optimize the process of managing vendor payments, employee check requests and direct
57 CNQR Concur Technologies Inc $37.60 $9.95 $18.18 $15.22 $3.33
reimbursements. The Company sells its solutions and services primarily on a subscription basis and delivers them on-
demand. As of September 30, 2009, Concur had approximately 9,000 customers in approximately 90 countries. In August
2009, Concur acquired Etap-On-Line, a provider of business travel and expense management solutions.
AAON, Inc. is engaged in the manufacturing and selling of air-conditioning and heating equipment. The products of the
58 AAON Aaon Inc Company consists of rooftop units, chillers, air-handling units, make-up air units, heat recovery units, condensing units, coils $19.58 $21.33 $27.54 $12.29 $2.64
and boilers. The Company�s subsidiaries include AAON Coil Products, Inc., AAON Canada, Inc. and AAON Properties, Inc.

DXP Enterprises, Inc. (DXP) is engaged in the business of distributing maintenance, repair and operating (MRO) products,
equipment and service to industrial customers. The Company is organized into two segments: MRO and Electrical
Contractor. The MRO segment provides MRO products, equipment and integrated services, including technical design
59 DXPE DXP Enterprises Inc $11.96 $19.92 $19.23 $13.89 ($2.32)
expertise and logistics capabilities, to industrial customers. The Electrical Contractor segment sells a range of electrical
products. On January 31, 2008, DXP acquired Rocky Mtn Supply, Inc. On August 28, 2008, the Company acquired PFI, LLC.
On December 1, 2008, DXP acquired Falcon Pump.

Portfolio Recovery Associates, Inc. is a full-service provider of outsourced receivables management and related services.
The Company�s primary business is the purchase, collection and management of portfolios of defaulted consumer
receivables. These are the unpaid obligations of individuals to credit originators, which include banks, credit unions,
Portfolio Recovery consumer and auto finance companies and retail merchants. The Company also provides a range of contingent and fee-
60 PRAA $47.09 $47.45 $65.94 $25.62 $16.52
Associates Inc based services, including collateral-location services for credit originators via PRA Location Services, LLC (IGS), audit and
debt discovery/recovery services for government entities through PRA Government Services, LLC (RDS) and MuniServices,
LLC (MuniServices). On July 1, 2008, the Company acquired 100% of the membership interests of MuniServices. On August
1, 2008, the Company acquired Broussard Partners and Associates, Inc. (BPA).

Air Methods Corporation (Air Methods) is a provider of air medical emergency transport services and systems throughout
the United States. The Company provides air medical emergency transport services under two service delivery models:
Community-Based Services (CBS) and Hospital-Based Services (HBS). Rocky Mountain Holdings, LLC (RMH), FSS Airholdings,
Inc. (FSS), Mercy Air Service, Inc. (Mercy Air), and LifeNet, Inc. (LifeNet) all operate as wholly owned subsidiaries of Air
61 AIRM Air Methods Corp $35.55 $21.69 $36.47 $3.60 ($5.20)
Methods. As of December 31, 2008, the Company�s CBS Division provided air medical transportation services in 20 states,
while its HBS Division provided air medical transportation services to hospitals located in 32 states under operating
agreements with original terms ranging from two to eight years. The Company�s Products Division designs, manufactures,
and installs aircraft medical interiors and other aerospace or medical transport products.

Bolt Technology Corporation consists of three operating units that manufacture and sell marine seismic data acquisition
equipment: Bolt Technology Corporation (Bolt), A-G Geophysical Products, Inc. (A-G) and Real Time Systems Inc. (RTS). Bolt
develops, manufactures and sells marine seismic energy sources (air guns) and replacement parts, and is referred to as the
seismic energy sources segment. A-G develops, manufactures and sells underwater cables, connectors, hydrophones, depth
62 BOLT Bolt Technology Corp $10.10 $19.04 $16.92 $17.96 $5.89
and pressure transducers and seismic source monitoring systems, and is referred to as the underwater cables and
connectors segment. RTS develops, manufactures and sells air gun controllers/synchronizers, data loggers and auxiliary
equipment, and is referred to as the seismic energy source controllers segment. In May 2008, the Company completed the
selling of Custom Products Corporation (Custom), a wholly owned subsidiary of Bolt.

j2 Global Communications, Inc. (j2 Global) provides outsourced, value-added messaging and communications services to
individuals and businesses worldwide. The Company offers fax, voicemail, e-mail and call handling services, as well as
bundled suites of certain of these services. It markets the services under the brand names eFax, eFax Corporate,
eFaxDeveloper, Fax.com, Send2Fax, eFax Broadcast, jBlast, jConnect, Onebox, Onebox Receptionist, RapidFAX, eVoice,
j2 Global Communications
63 JCOM eVoice Receptionist, YAC and Electric Mail. j2 Global delivers its services through its global telephony/Internet protocol (IP) $20.87 $33.85 $28.12 $22.52 $2.91
Inc
network, which spans more than 3,000 cities in 42 countries across five continents. The Company operates in one segment:
value-added messaging and communications services, which provides for the delivery of fax, voicemail and email messages
and communications via the telephone and/or Internet networks. During 2008, the Company announced the acquisition of
Phone People Holdings Corporation.

Balchem Corporation (Balchem), incorporated in 1967, is engaged in the development, manufacture and marketing of
specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical and medical sterilization
industries. The Company operates in three segments: Specialty Products; Food, Pharma & Nutrition, and Animal Nutrition &
64 BCPC Balchem Corp $32.19 $22.83 $20.58 $13.49 $2.33
Health (AN&H). The Company operates four domestic wholly owned subsidiaries: BCP Ingredients, Inc. (BCP), Balchem
Minerals Corporation (BMC), BCP Saint Gabriel, Inc. (BCP St. Gabriel) and Chelated Minerals Corporation (CMC). It also
operates three wholly owned subsidiaries in Europe: Balchem BV, Balchem Trading BV and Balchem Italia Srl.

Citi Trends, Inc. is a retailer of urban fashion apparel and accessories for the entire family The Company offers branded
products from brands, as well as private label products and a limited assortment of home decor items. Citi Trends'
merchandise offerings are designed to appeal to the preferences of fashion conscious consumers, particularly African-
65 CTRN Citi Trends Inc Americans. The Company's stores average approximately 10,200 square feet of selling space and are typically located in $27.72 $17.33 $10.22 $25.24 $6.16
neighborhood shopping centers. During the fiscal year ended January 31, 2009 (fiscal 2008), the Company opened 39 new
stores and closed one store. As of January 31, 2009, Citi Trends operated 357 stores in both urban and rural markets in 22
states.

Pre-Paid Legal Services, Inc. designs, underwrites and markets legal expense plans. The Company�s life events legal plans
(referred to as Memberships) provide for a variety of legal services. In most states and provinces, standard plan benefits
include preventive legal services, motor vehicle legal defense services, trial defense services, internal revenue service (IRS)
66 PPD Pre-Paid Legal Services Inc audit services and a 25% discount off legal services not specifically covered by the Membership. It also offers Identity Theft $39.38 $46.44 $51.12 $54.83 ($5.75)
Shield (IDT) to new and existing members. As of December 31, 2008, the Company had 1,559,154 Memberships in force
with members in all 50 states, the District of Columbia and the Canadian provinces of Ontario, British Columbia, Alberta and
Manitoba.

American Physicians Service Group, Inc. (APSG) is engaged in providing insurance services, specifically medical professional
liability insurance, and financial services, including brokerage and other investment services to individuals and institutions.
The Company acquired American Physicians Insurance Company (API). The Company offers medical professional liability
American Physicians insurance coverage, which is designed to protect its policyholders from losses and legal costs associated with medical
67 AMPH $24.31 N/A $34.82 N/A N/A
Service Group Inc professional liability claims. Its policies are written for one-year terms. Medical professional liability insurance is offered on
either a claims made basis or an occurrence basis. Claims made policies insure physicians only against claims that are
reported during the period covered by the policy. Occurrence policies insure physicians against claims based on
occurrences during the policy period regardless of when they are reported.

Sterling Construction Company, Inc. (Sterling) is a heavy civil construction company that specializes in the building,
reconstruction and repair of transportation and water infrastructure. Transportation infrastructure projects include
highways, roads, bridges and light rail. Water infrastructure projects include water, wastewater and storm drainage systems.
Sterling Construction Co The Company is operated by its subsidiaries, Texas Sterling Construction Co. in Texas and Road and Highway Builders LLC
68 STRL $17.13 $22.19 $21.26 $22.78 $2.29
Inc (RHB) in Nevada. Sterling provides general contracting services primarily to public sector clients utilizing its own employees
and equipment, including excavating, concrete and asphalt paving, installation of large-diameter water and wastewater
distribution systems; construction of bridges and similar large structures; construction of light rail infrastructure; concrete
batch plant operations, concrete crushing and aggregates and asphalt paving operations.

Team, Inc. (Team) is a provider of specialty maintenance and construction services required in maintaining high
temperature and high pressure piping systems and vessels that are utilized in heavy industries. The Company offers an
array of services, which includes leak repair, hot tapping, fugitive emissions control, field machining, technical bolting, field
69 TISI TEAM Inc $16.38 $15.26 $21.01 $13.62 $1.20
valve repair, non-destructive testing and field heat treating. Team offers these services in over 100 locations throughout the
United States, and international markets, including Aruba, Belgium, Canada, Singapore, the Netherlands, Trinidad and
Venezuela.

Hornbeck Offshore Services, Inc. operates offshore supply vessels (OSVs), multi-purpose support vessels (MPSVs), and a
shore-base to provide logistics support and specialty services to the offshore oil and gas exploration and production
industry, primarily in the United States, Gulf of Mexico and select international markets. The Company, through its
Hornbeck Offshore subsidiaries, also operates ocean-going tugs and tank barges that provide transportation of petroleum products, primarily in
70 HOS $23.95 $33.98 $16.68 $14.95 ($31.22)
Services Inc the northeastern United States, Gulf of Mexico and Puerto Rico. The Company owns a 49% interest in Hornbeck Offshore
Trinidad & Tobago Limited (HOTT-Ltd). HOTT-Ltd is a vessel crewing and management services company established to
support the Company�s Trinidad & Tobago-based operations. The Company operates in two segments: Upstream and
Downstream.

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