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 |
AETNA Inc. | COM | 00817y108 | 597 | 5,315 | SH | | SOLE | | 5,315 | 0 | 0 |
AFLAC Inc. | COM | 001055102 | 4,434 | 70,220 | SH | | SOLE | | 70,220 | 0 | 0 |
AGCO Corp | COM | 001084102 | 398 | 8,005 | SH | | SOLE | | 8,005 | 0 | 0 |
AT & T, Inc. New | COM | 00206r102 | 1,143 | 29,175 | SH | | SOLE | | 29,175 | 0 | 0 |
AbbVie, Inc. | COM | 00287y109 | 1,175 | 20,572 | SH | | SOLE | | 20,572 | 0 | 0 |
Abbott Laboratories | COM | 002824100 | 3,291 | 78,672 | SH | | SOLE | | 78,672 | 0 | 0 |
Alkermes PLC | COM | g01767105 | 915 | 26,751 | SH | | SOLE | | 26,751 | 0 | 0 |
Allegion PLC | COM | 0176j1097 | 244 | 3,835 | SH | | SOLE | | 3,835 | 0 | 0 |
Alliance One International | COM | 018772103 | 607 | 34,587 | SH | | SOLE | | 34,587 | 0 | 0 |
Allstate Corp | COM | 020002101 | 1,318 | 19,565 | SH | | SOLE | | 19,565 | 0 | 0 |
Alphabet, Inc Voting Class | COM | 02076k305 | 401 | 525 | SH | | SOLE | | 525 | 0 | 0 |
Altria Group Inc. | COM | 02209s103 | 9,151 | 146,050 | SH | | SOLE | | 146,050 | 0 | 0 |
America Movil ADR | COM | 02364W105 | 6,959 | 448,119 | SH | | SOLE | | 448,119 | 0 | 0 |
American Express Co. | COM | 025816109 | 492 | 8,018 | SH | | SOLE | | 8,018 | 0 | 0 |
American International Group | COM | 026874107 | 2,413 | 44,650 | SH | | SOLE | | 44,650 | 0 | 0 |
Ameriprise Financial Inc. | COM | 03076c106 | 235 | 2,498 | SH | | SOLE | | 2,498 | 0 | 0 |
Anthem, Inc. | COM | 036752103 | 7,790 | 56,044 | SH | | SOLE | | 56,044 | 0 | 0 |
Apache Corp | COM | 037411105 | 464 | 9,501 | SH | | SOLE | | 9,501 | 0 | 0 |
Apollo Education Group, Inc. | COM | 037604105 | 1,329 | 161,829 | SH | | SOLE | | 161,829 | 0 | 0 |
Apple Computer Inc. | COM | 037833100 | 785 | 7,205 | SH | | SOLE | | 7,205 | 0 | 0 |
Automatic Data Processing | COM | 053015103 | 1,117 | 12,452 | SH | | SOLE | | 12,452 | 0 | 0 |
BP p.l.c. | COM | 055622104 | 6,603 | 218,802 | SH | | SOLE | | 218,802 | 0 | 0 |
Bank of America Corp | COM | 060505104 | 4,928 | 364,469 | SH | | SOLE | | 364,469 | 0 | 0 |
Bank of New York Mellon Corp | COM | 064058100 | 11,638 | 315,979 | SH | | SOLE | | 315,979 | 0 | 0 |
Baxalta, Inc. | COM | 07177m103 | 470 | 11,631 | SH | | SOLE | | 11,631 | 0 | 0 |
Becton Dickinson & Co | COM | 075887109 | 3,981 | 26,225 | SH | | SOLE | | 26,225 | 0 | 0 |
Berkshire Hathaway Inc. Class | COM | 084670108 | 213 | 1 | SH | | SOLE | | 1 | 0 | 0 |
Berkshire Hathaway Inc. Class | COM | 084670207 | 3,115 | 21,955 | SH | | SOLE | | 21,955 | 0 | 0 |
Biogen Inc. | COM | 09062x103 | 2,347 | 9,015 | SH | | SOLE | | 9,015 | 0 | 0 |
Boeing Company | COM | 097023105 | 1,631 | 12,847 | SH | | SOLE | | 12,847 | 0 | 0 |
Bristol Myers Squibb Co. | COM | 110122108 | 319 | 4,993 | SH | | SOLE | | 4,993 | 0 | 0 |
British American Tobacco | COM | 110448107 | 2,367 | 20,250 | SH | | SOLE | | 20,250 | 0 | 0 |
CST Brands, Inc. | COM | 12646r105 | 1,628 | 42,512 | SH | | SOLE | | 42,512 | 0 | 0 |
CVS Health Corp. | COM | 126650100 | 5,430 | 52,349 | SH | | SOLE | | 52,349 | 0 | 0 |
Central Pacific Financial Co | COM | 154760409 | 2,285 | 104,947 | SH | | SOLE | | 104,947 | 0 | 0 |
Chevron Corp. | COM | 166764100 | 3,505 | 36,743 | SH | | SOLE | | 36,743 | 0 | 0 |
Cisco Sys Inc. | COM | 17275R102 | 1,364 | 47,895 | SH | | SOLE | | 47,895 | 0 | 0 |
Citigroup Inc. | COM | 172967424 | 3,222 | 77,170 | SH | | SOLE | | 77,170 | 0 | 0 |
Coach Inc. | COM | 189754104 | 628 | 15,670 | SH | | SOLE | | 15,670 | 0 | 0 |
Coca-Cola Company | COM | 191216100 | 6,257 | 134,874 | SH | | SOLE | | 134,874 | 0 | 0 |
Colliers International Group | COM | 194693107 | 282 | 7,460 | SH | | SOLE | | 7,460 | 0 | 0 |
Comcast Corp Cl A | COM | 20030n101 | 4,117 | 67,405 | SH | | SOLE | | 67,405 | 0 | 0 |
Community Health Systems, Inc. | COM | 203668108 | 674 | 36,416 | SH | | SOLE | | 36,416 | 0 | 0 |
ConAgra Foods Inc. | COM | 205887102 | 4,846 | 108,610 | SH | | SOLE | | 108,610 | 0 | 0 |
ConocoPhillips | COM | 20825c104 | 1,397 | 34,691 | SH | | SOLE | | 34,691 | 0 | 0 |
Corning Inc | COM | 219350105 | 6,909 | 330,751 | SH | | SOLE | | 330,751 | 0 | 0 |
Costco Wholesale Corp | COM | 22160k105 | 1,820 | 11,551 | SH | | SOLE | | 11,551 | 0 | 0 |
Credit Suisse Group ADR | COM | 225401108 | 2,918 | 206,518 | SH | | SOLE | | 206,518 | 0 | 0 |
Diageo PLC ADR | COM | 25243q205 | 1,966 | 18,224 | SH | | SOLE | | 18,224 | 0 | 0 |
Discovery Communications Serie | COM | 25470f104 | 5,378 | 187,861 | SH | | SOLE | | 187,861 | 0 | 0 |
Discovery Communications Serie | COM | 25470F302 | 232 | 8,598 | SH | | SOLE | | 8,598 | 0 | 0 |
Dow Chemical Company | COM | 260543103 | 4,851 | 95,372 | SH | | SOLE | | 95,372 | 0 | 0 |
Dr. Pepper Snapple Group | COM | 26138e109 | 6,750 | 75,487 | SH | | SOLE | | 75,487 | 0 | 0 |
E. I. Du Pont De Nemours | COM | 263534109 | 4,184 | 66,075 | SH | | SOLE | | 66,075 | 0 | 0 |
Express Scripts Inc. | COM | 30219g108 | 5,085 | 74,035 | SH | | SOLE | | 74,035 | 0 | 0 |
Exxon Mobil Corp | COM | 30231G102 | 1,365 | 16,334 | SH | | SOLE | | 16,334 | 0 | 0 |
FirstService Corp Voting Share | COM | 33767e103 | 305 | 7,460 | SH | | SOLE | | 7,460 | 0 | 0 |
Franklin Resources Inc. | COM | 354613101 | 6,217 | 159,215 | SH | | SOLE | | 159,215 | 0 | 0 |
General Electric Co. | COM | 369604103 | 538 | 16,935 | SH | | SOLE | | 16,935 | 0 | 0 |
General Motors Company | COM | 37045v100 | 1,126 | 35,817 | SH | | SOLE | | 35,817 | 0 | 0 |
Gilead Sciences Inc. | COM | 375558103 | 274 | 2,982 | SH | | SOLE | | 2,982 | 0 | 0 |
Glaxo SmithKline PLC | COM | 37733W105 | 4,512 | 111,282 | SH | | SOLE | | 111,282 | 0 | 0 |
H & R Block Inc. | COM | 093671105 | 4,089 | 154,752 | SH | | SOLE | | 154,752 | 0 | 0 |
HP Inc. | COM | 40434L105 | 196 | 15,904 | SH | | SOLE | | 15,904 | 0 | 0 |
Hewlett Packard Enterprise Co. | COM | 42824c109 | 282 | 15,904 | SH | | SOLE | | 15,904 | 0 | 0 |
Home Depot Inc. | COM | 437076102 | 3,759 | 28,171 | SH | | SOLE | | 28,171 | 0 | 0 |
Ideal Power, Inc. (Restricted) | COM | 451622104 | 65 | 14,383 | SH | | SOLE | | 14,383 | 0 | 0 |
Ingersoll Rand Co | COM | g47791101 | 713 | 11,500 | SH | | SOLE | | 11,500 | 0 | 0 |
Intel Corp. | COM | 458140101 | 1,688 | 52,187 | SH | | SOLE | | 52,187 | 0 | 0 |
Interpublic Group | COM | 460690100 | 394 | 17,188 | SH | | SOLE | | 17,188 | 0 | 0 |
IsoRay, Inc. | COM | 46489v104 | 13 | 14,218 | SH | | SOLE | | 14,218 | 0 | 0 |
J.M. Smucker Co. | COM | 832696405 | 1,750 | 13,480 | SH | | SOLE | | 13,480 | 0 | 0 |
Johnson & Johnson | COM | 478160104 | 11,380 | 105,176 | SH | | SOLE | | 105,176 | 0 | 0 |
Kelly Services,Inc. | COM | 488152208 | 544 | 28,428 | SH | | SOLE | | 28,428 | 0 | 0 |
Kroger Co. | COM | 501044101 | 15,439 | 403,638 | SH | | SOLE | | 403,638 | 0 | 0 |
Laboratory Corp. of America | COM | 50540r409 | 372 | 3,180 | SH | | SOLE | | 3,180 | 0 | 0 |
Legg Mason Inc. | COM | 524901105 | 1,119 | 32,270 | SH | | SOLE | | 32,270 | 0 | 0 |
Lincoln Educational | COM | 533535100 | 767 | 309,157 | SH | | SOLE | | 309,157 | 0 | 0 |
Lowes Companies | COM | 548661107 | 2,789 | 36,820 | SH | | SOLE | | 36,820 | 0 | 0 |
ManpowerGroup Inc. | COM | 56418h100 | 444 | 5,450 | SH | | SOLE | | 5,450 | 0 | 0 |
Marsh & McLennan Co. | COM | 571748102 | 2,969 | 48,837 | SH | | SOLE | | 48,837 | 0 | 0 |
Mastercard Inc. | COM | 57636q104 | 6,559 | 69,410 | SH | | SOLE | | 69,410 | 0 | 0 |
McDonalds Corp | COM | 580135101 | 2,029 | 16,145 | SH | | SOLE | | 16,145 | 0 | 0 |
Medtronic PLC | COM | g5960l103 | 10,483 | 139,773 | SH | | SOLE | | 139,773 | 0 | 0 |
Merck & Co.Inc. New | COM | 58933y105 | 8,111 | 153,303 | SH | | SOLE | | 153,303 | 0 | 0 |
Microsoft Corp. | COM | 594918104 | 10,583 | 191,619 | SH | | SOLE | | 191,619 | 0 | 0 |
Molson Coors Brewing Co | COM | 60871r209 | 13,292 | 138,199 | SH | | SOLE | | 138,199 | 0 | 0 |
Mondelez International, Inc. | COM | 609207105 | 1,624 | 40,484 | SH | | SOLE | | 40,484 | 0 | 0 |
Monster Beverage Corp. | COM | 611740101 | 1,614 | 12,100 | SH | | SOLE | | 12,100 | 0 | 0 |
Newell Rubbermaid Inc. | COM | 651229106 | 259 | 5,850 | SH | | SOLE | | 5,850 | 0 | 0 |
Nike Inc Class B | COM | 654106103 | 1,435 | 23,340 | SH | | SOLE | | 23,340 | 0 | 0 |
Nordstrom Inc. | COM | 655664100 | 233 | 4,078 | SH | | SOLE | | 4,078 | 0 | 0 |
Oracle Corp | COM | 68389X105 | 4,882 | 119,337 | SH | | SOLE | | 119,337 | 0 | 0 |
Paychex Inc. | COM | 704326107 | 2,651 | 49,085 | SH | | SOLE | | 49,085 | 0 | 0 |
Pepsico Inc. | COM | 713448108 | 14,382 | 140,339 | SH | | SOLE | | 140,339 | 0 | 0 |
Pfizer Inc. | COM | 717081103 | 2,546 | 85,899 | SH | | SOLE | | 85,899 | 0 | 0 |
Philip Morris International | COM | 718172109 | 18,395 | 187,494 | SH | | SOLE | | 187,494 | 0 | 0 |
Phillips 66 | COM | 718546104 | 1,497 | 17,293 | SH | | SOLE | | 17,293 | 0 | 0 |
Principal Financial Group | COM | 74251v102 | 210 | 5,322 | SH | | SOLE | | 5,322 | 0 | 0 |
Procter & Gamble Co. | COM | 742718109 | 4,589 | 55,753 | SH | | SOLE | | 55,753 | 0 | 0 |
Quest Diagnostics Inc. | COM | 74834l100 | 4,998 | 69,955 | SH | | SOLE | | 69,955 | 0 | 0 |
Raytheon Company | COM | 755111507 | 1,656 | 13,500 | SH | | SOLE | | 13,500 | 0 | 0 |
St. Jude Medical Inc. | COM | 790849103 | 1,758 | 31,972 | SH | | SOLE | | 31,972 | 0 | 0 |
Starbucks Corp | COM | 855244109 | 451 | 7,554 | SH | | SOLE | | 7,554 | 0 | 0 |
Textainer Group Holdings Limit | COM | g8766e109 | 944 | 63,600 | SH | | SOLE | | 63,600 | 0 | 0 |
The Kraft Heinz Company | COM | 500754106 | 1,031 | 13,130 | SH | | SOLE | | 13,130 | 0 | 0 |
The Travelers Companies Inc. | COM | 89417e109 | 9,892 | 84,753 | SH | | SOLE | | 84,753 | 0 | 0 |
Time Warner Cable Inc. | COM | 88732j207 | 219 | 1,070 | SH | | SOLE | | 1,070 | 0 | 0 |
Time Warner Inc. | COM | 887317303 | 1,224 | 16,876 | SH | | SOLE | | 16,876 | 0 | 0 |
Twenty-First Century Fox Cl A | COM | 90130a101 | 2,085 | 74,776 | SH | | SOLE | | 74,776 | 0 | 0 |
US Bancorp Delaware New | COM | 902973304 | 473 | 11,660 | SH | | SOLE | | 11,660 | 0 | 0 |
Unilever NV New York Shs | COM | 904784709 | 5,305 | 118,728 | SH | | SOLE | | 118,728 | 0 | 0 |
Union Pacific Corp | COM | 907818108 | 353 | 4,434 | SH | | SOLE | | 4,434 | 0 | 0 |
United Parcel Service Inc. | COM | 911312106 | 1,406 | 13,333 | SH | | SOLE | | 13,333 | 0 | 0 |
Unitedhealth Group Inc. | COM | 91324p102 | 15,349 | 119,075 | SH | | SOLE | | 119,075 | 0 | 0 |
Unum Group | COM | 91529y106 | 2,872 | 92,871 | SH | | SOLE | | 92,871 | 0 | 0 |
Valero Energy Corp. | COM | 91913y100 | 4,657 | 72,610 | SH | | SOLE | | 72,610 | 0 | 0 |
Verizon Communications | COM | 92343V104 | 2,307 | 42,652 | SH | | SOLE | | 42,652 | 0 | 0 |
Viacom Inc. Class B | COM | 92553p201 | 937 | 22,695 | SH | | SOLE | | 22,695 | 0 | 0 |
Visa, Inc. | COM | 92826c839 | 3,384 | 44,248 | SH | | SOLE | | 44,248 | 0 | 0 |
Vitamin Shoppe, Inc. | COM | 92849E101 | 1,234 | 39,860 | SH | | SOLE | | 39,860 | 0 | 0 |
Waddell & Reed Financial | COM | 930059100 | 824 | 35,008 | SH | | SOLE | | 35,008 | 0 | 0 |
Wal Mart Stores | COM | 931142103 | 6,235 | 91,042 | SH | | SOLE | | 91,042 | 0 | 0 |
Walt Disney Holding Co. | COM | 254687106 | 616 | 6,207 | SH | | SOLE | | 6,207 | 0 | 0 |
Washington Federal | COM | 938824109 | 542 | 23,939 | SH | | SOLE | | 23,939 | 0 | 0 |
Waste Management Inc. Del | COM | 94106L109 | 306 | 5,180 | SH | | SOLE | | 5,180 | 0 | 0 |
Weight Watchers Intl. Inc. | COM | 948626106 | 736 | 50,620 | SH | | SOLE | | 50,620 | 0 | 0 |
Wells Fargo & Co. | COM | 949974610 | 216 | 4,460 | SH | | SOLE | | 4,460 | 0 | 0 |
Western Union Company | COM | 959802109 | 4,126 | 213,902 | SH | | SOLE | | 213,902 | 0 | 0 |
Weyerhaeuser Co. | COM | 962166104 | 365 | 11,780 | SH | | SOLE | | 11,780 | 0 | 0 |
Willbros Group, Inc | COM | 969203108 | 26 | 12,175 | SH | | SOLE | | 12,175 | 0 | 0 |
Yum! Brands, Inc. | COM | 988498101 | 1,092 | 13,347 | SH | | SOLE | | 13,347 | 0 | 0 |
Zimmer Biomet Holdings | COM | 98956p102 | 8,937 | 83,814 | SH | | SOLE | | 83,814 | 0 | 0 |
Zynerba Pharmaceuticals Inc. | COM | 98986x109 | 478 | 50,556 | SH | | SOLE | | 50,556 | 0 | 0 |
Arcos Dorados Hldgs. | FOR | g0457f107 | 282 | 75,298 | SH | | SOLE | | 75,298 | 0 | 0 |
Coca-Cola HBC AG ADR Unsponsor | FOR | 191223205 | 277 | 13,200 | SH | | SOLE | | 13,200 | 0 | 0 |
LyondellBasell Industries N.V. | FOR | n53745100 | 899 | 10,500 | SH | | SOLE | | 10,500 | 0 | 0 |
Nokia Corp Sponsored ADR | FOR | 654902204 | 78 | 13,117 | SH | | SOLE | | 13,117 | 0 | 0 |
Royal Dutch Shell PLC | FOR | 780259206 | 774 | 15,978 | SH | | SOLE | | 15,978 | 0 | 0 |
SK Telecom ADR | FOR | 78440p108 | 210 | 10,408 | SH | | SOLE | | 10,408 | 0 | 0 |
Telefonica S.A. ADR | FOR | 879382208 | 5,397 | 484,901 | SH | | SOLE | | 484,901 | 0 | 0 |
Toyota Motor Corp ADR | FOR | 892331307 | 231 | 2,175 | SH | | SOLE | | 2,175 | 0 | 0 |