Edgar Filing: RED ROBIN GOURMET BURGERS INC

Schedule 13D Amendment No. 1

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 1)

Red Robin Gourmet Burgers, Inc.

(Name of Issuer)

Common Stock, $0.001 par value

(Title of Class of Securities)

75689M101

(CUSIP Number)

Mr. Jeffrey Blumberg

Drinker Biddle & Reath LLP

191 North Wacker Drive, Suite 3700

Chicago, Illinois 60606

(312) 569-1106

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

December 22, 2010

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ¨

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


		Page 2 of 27


CUSIP No. 75689M101
1	Names of reporting persons I.R.S. Identification no. of above persons (entities only) OAK STREET CAPITAL SPV 1 LP
2	Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
3	SEC use only
4	Source of funds (see instructions) WC
5	Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
6	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		7	Sole voting power 494,424 (See Item 5)
		8	Shared voting power 0 (See Item 5)
		9	Sole dispositive power 494,424 (See Item 5)
		10	Shared dispositive power 0 (See Item 5)
11	Aggregate amount beneficially owned by each reporting person 494,424 (See Item 5)
12	Check box if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
13	Percent of class represented by amount in Row (11) 3.2%
14	Type of reporting person (see instructions) PN


		Page 3 of 27


CUSIP No. 75689M101
1	Names of reporting persons I.R.S. Identification no. of above persons (entities only) OAK STREET CAPITAL MASTER FUND, LTD
2	Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
3	SEC use only
4	Source of funds (see instructions) WC
5	Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
6	Citizenship or place of organization Cayman Islands
Number of shares beneficially owned by each reporting person with:		7	Sole voting power 861,334 (See Item 5)
		8	Shared voting power 0 (See Item 5)
		9	Sole dispositive power 861,334 (See Item 5)
		10	Shared dispositive power 0 (See Item 5)
11	Aggregate amount beneficially owned by each reporting person 861,334 (See Item 5)
12	Check box if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
13	Percent of class represented by amount in Row (11) 5.5%
14	Type of reporting person (see instructions) CO


		Page 4 of 27


CUSIP No. 75689M101
1	Names of reporting persons I.R.S. Identification no. of above persons (entities only) OAK STREET CAPITAL MANAGEMENT, LLC
2	Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
3	SEC use only
4	Source of funds (see instructions) AF
5	Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
6	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		7	Sole voting power 1,372,966 (See Item 5)
		8	Shared voting power 0 (See Item 5)
		9	Sole dispositive power 1,372,966 (See Item 5)
		10	Shared dispositive power 0 (See Item 5)
11	Aggregate amount beneficially owned by each reporting person 1,372,966 (See Item 5)
12	Check box if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
13	Percent of class represented by amount in Row (11) 8.8%
14	Type of reporting person (see instructions) CO


		Page 5 of 27


CUSIP No. 75689M101
1	Names of reporting persons I.R.S. Identification no. of above persons (entities only) DAVID MAKULA
2	Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
3	SEC use only
4	Source of funds (see instructions) AF
5	Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
6	Citizenship or place of organization USA
Number of shares beneficially owned by each reporting person with:		7	Sole voting power 1,372,966 (See Item 5)
		8	Shared voting power 0 (See Item 5)
		9	Sole dispositive power 1,372,966 (See Item 5)
		10	Shared dispositive power 0 (See Item 5)
11	Aggregate amount beneficially owned by each reporting person 1,372,966 (See Item 5)
12	Check box if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
13	Percent of class represented by amount in Row (11) 8.8%
14	Type of reporting person (see instructions) IN


		Page 6 of 27


CUSIP No. 75689M101
1	Names of reporting persons I.R.S. Identification no. of above persons (entities only) PATRICK WALSH
2	Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
3	SEC use only
4	Source of funds (see instructions) PF
5	Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
6	Citizenship or place of organization USA
Number of shares beneficially owned by each reporting person with:		7	Sole voting power 34,700 (See Item 5)
		8	Shared voting power 0 (See Item 5)
		9	Sole dispositive power 34,700 (See Item 5)
		10	Shared dispositive power 0 (See Item 5)
11	Aggregate amount beneficially owned by each reporting person 34,700 (See Item 5)
12	Check box if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
13	Percent of class represented by amount in Row (11) 0.2%
14	Type of reporting person (see instructions) IN


		Page 7 of 27


CUSIP No. 75689M101
1	Names of reporting persons I.R.S. Identification no. of above persons (entities only) KOVITZ INVESTMENT GROUP, LLC
2	Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
3	SEC use only
4	Source of funds (see instructions) OO
5	Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
6	Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:		7	Sole voting power 0 (See Item 5)
		8	Shared voting power 0 (See Item 5)
		9	Sole dispositive power 483,300 (See Item 5)
		10	Shared dispositive power 0 (See Item 5)
11	Aggregate amount beneficially owned by each reporting person 483,300 (See Item 5)
12	Check box if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
13	Percent of class represented by amount in Row (11) 3.1%
14	Type of reporting person (see instructions) IA


		Page 8 of 27


CUSIP No. 75689M101
1	Names of reporting persons I.R.S. Identification no. of above persons (entities only) MITCHELL A. KOVITZ
2	Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
3	SEC use only
4	Source of funds (see instructions) AF
5	Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
6	Citizenship or place of organization USA
Number of shares beneficially owned by each reporting person with:		7	Sole voting power 0 (See Item 5)
		8	Shared voting power 0 (See Item 5)
		9	Sole dispositive power 0 (See Item 5)
		10	Shared dispositive power 483,300 (See Item 5)
11	Aggregate amount beneficially owned by each reporting person 483,300 (See Item 5)
12	Check box if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
13	Percent of class represented by amount in Row (11) 3.1%
14	Type of reporting person (see instructions) IA


		Page 9 of 27


CUSIP No. 75689M101
1	Names of reporting persons I.R.S. Identification no. of above persons (entities only) JONATHAN A. SHAPIRO
2	Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
3	SEC use only
4	Source of funds (see instructions) AF
5	Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
6	Citizenship or place of organization USA
Number of shares beneficially owned by each reporting person with:		7	Sole voting power 0 (See Item 5)
		8	Shared voting power 0 (See Item 5)
		9	Sole dispositive power 0 (See Item 5)
		10	Shared dispositive power 483,300 (See Item 5)
11	Aggregate amount beneficially owned by each reporting person 483,300 (See Item 5)
12	Check box if the aggregate amount in Row (11) excludes certain shares (see instructions) ¨
13	Percent of class represented by amount in Row (11) 3.1%
14	Type of reporting person (see instructions) IA


CUSIP No. 75689M101		Page 10 of 27

Item 1.

Security and Issuer.

This Amendment No. 1 to Schedule 13D (this “Schedule 13D” or “Statement”) amends and restates the initial Statement of Beneficial Ownership on Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) on December 10, 2010 relating to the shares of common stock, $0.001 par value per share (the “Shares”) of Red Robin Gourmet Burgers, Inc. (the “Issuer”), whose principal executive offices are located at 6312 S. Fiddler’s Green Circle, Suite 200N, Greenwood Village, CO 80111.

Item 2.

Identity and Background.

This Schedule 13D is filed by the Oak Street Reporting Persons and the Kovitz Reporting Persons (each as defined below and collectively, the “Reporting Persons”).

(1)	Oak Street Reporting Persons.

(a), (b), (c) and (f).

The “Oak Street Reporting Persons” are Oak Street Capital SPV 1 LP (“Oak Street SPV”), Oak Street Capital Master Fund, Ltd. (“Oak Street Master”), Oak Street Capital Management, LLC (“Oak Street Management”), David Makula and Patrick Walsh.

Oak Street Management, a Delaware limited liability company, is the general partner of Oak Street SPV, a limited partnership organized under the laws of the State of Delaware. Mr. Makula is the sole member and sole manager of Oak Street Management. Set forth on Schedule A annexed hereto, is the name and present occupation or employment of the directors of Oak Street Master, a Cayman Island exempted company.

The principal business of Oak Street SPV and Oak Street Master, is investing in securities. The principal business of Oak Street Management is serving as the investment manager of Oak Street SPV, Oak Street Capital and various other managed accounts (the “Oak Street Accounts”). Mr. Makula is the sole member and sole manager of Oak Street Capital Management. The principal occupation of Mr. Makula is serving as the sole manager of Oak Street Management. The principal occupation of Mr. Walsh is serving as a Senior Partner of Oak Street Management. Mr. Makula and Mr. Walsh are citizens of the United States of America.

The business address of the Oak Street Reporting Persons is 111 S. Wacker Drive, 33rd Floor, Chicago, Illinois 60606.

(d) and (e). During the last five years, none of the Oak Street Reporting Persons have been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

(2)	Kovitz Reporting Persons.

(a), (b), (c) and (f).

The “Kovitz Reporting Persons” are Kovitz Investment Group, LLC (“Kovitz Investment Group”), Mr. Mitchell A. Kovitz and Mr. Jonathan A. Shapiro.


CUSIP No. 75689M101		Page 11 of 27

Kovitz Investment Group, a Delaware limited liability company, is an investment adviser registered under Section 203 of the Investment Advisers Act of 1940. Mr. Kovitz is the Chief Executive Officer, Co-Chief Investment Officer and a member of Kovitz Investment Group. Mr. Shapiro is the Vice President, Co-Chief Investment Officer and a member of Kovitz Investment Group.

The principal business of Kovitz Investment Group is providing investment advisor and management services to various managed accounts (the “Kovitz Accounts”). The principal occupation of Mr. Kovitz is serving as the Chief Executive Officer and Co-Chief Investment Officer of Kovitz Investment Group. The principal occupation of Mr. Shapiro is serving as the Vice President and Co-Chief Investment Officer of Kovitz Investment Group. Mr. Kovitz and Mr. Shapiro are citizens of the United States of America.

The business address of the Kovitz Reporting Persons is 115 S. LaSalle St. 27th Floor Chicago, IL 60603.

Set forth on Schedule A annexed hereto, is the name and present occupation or employment of each member of Kovitz Investment Group.

(d) and (e). During the last five years, none of the Kovitz Reporting Persons have been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Item 3.

Source and Amount of Funds or Other Consideration.

(1)	Oak Street Reporting Persons.

The Shares reported in this Schedule 13D as beneficially owned by the Oak Street Reporting Persons were acquired with funds of approximately $22,246,220 (including brokerage commissions). All such funds were provided from the working capital or personal funds of the Oak Street Reporting Person who beneficially owns such securities as well as Shares contributed by certain Kovitz Accounts to Oak Street SPV.

(2)	Kovitz Reporting Persons.

The Shares reported in this Schedule 13D as beneficially owned by the Kovitz Reporting Persons were acquired with funds of approximately $10,199,474 (including brokerage commissions). All such funds were provided from the funds of the Kovitz Accounts who beneficially own such securities.

Item 4.

Purpose of Transaction.

The Reporting Persons acquired the Shares in the ordinary course of business for investment purposes based on their belief that the Shares, when purchased, were undervalued and represented an attractive investment opportunity. The Reporting Persons continually review their respective investment in the Issuer and other entities in which they have invested. As part of that review, the Reporting Persons have determined that they may seek a more active role in influencing the Issuer’s affairs in order to protect and maximize the value of their investment. To that end, they may engage in discussions with the Issuer’s management and the Board of Directors of the Issuer regarding alternatives means to maximize stockholder value, may engage in dialogues with other stockholders and may seek representation on the


CUSIP No. 75689M101		Page 12 of 27

Board of Directors of the Issuer. The Reporting Persons held several discussions before December 8, 2010 to discuss the transactions contemplated by the matters described in this Item 4, but no agreement was reached among the Oak Street Reporting Persons and the Kovitz Reporting Persons as a result of such discussions, and no group was formed under Section 13(d)(3) under the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 13d-5(b)(1) promulgated thereunder, until December 8, 2010.

Other than as set forth in this Item 4, the Reporting Persons do not have any current plans, proposals or negotiations that relate to or would result in any of the matters referred to in paragraphs (a) through (j) of Item 4 of Schedule 13D. The Reporting Persons intend to review their respective investment in the Issuer on a continuing basis, and to the extent permitted by law, may seek to engage in discussions with other stockholders and/or with management and the Board of Directors of the Issuer concerning the business, operations or future plans of the Issuer. Depending on various factors including, without limitation, the Issuer’s financial position, the price levels of the Shares, conditions in the securities markets and general economic and industry conditions, the Reporting Persons may, in the future take such actions with respect to their respective investment in the Issuer as they deem appropriate including, without limitation, purchasing additional Shares, selling of Shares, engaging in short selling of or any hedging or similar transaction with respect to the Shares, taking any other action with respect to the Issuer or any of its securities in any manner permitted by law or changing their intention with respect to any and all matters referred to in paragraphs (a) through (j) of Item 4. The Reporting Persons reserve the right to take whatever future action they deem appropriate regarding the Issuer and its securities under the circumstances as they then exist.

Item 5.

Interest in Securities of the Issuer.

As of December 27, 2010, the Reporting Persons may have been deemed to have beneficially owned collectively an aggregate 1,890,966 Shares, including 477,000 Shares underlying outstanding options, constituting approximately 12.1% of the Shares outstanding (the percentage of Shares owned being based upon 15,595,799 Shares outstanding on November 3, 2010, as set forth in the Issuer’s Amendment No. 1 to Form 10-Q for the period ended October 3, 2010, filed with the SEC on November 9, 2010).

The filing of this Schedule 13D and any future amendment by the Reporting Persons, and the inclusion of information herein and therein with respect to the Oak Street Reporting Persons and the Kovitz Reporting Persons, shall not be considered an admission that any of such persons, for the purpose of Section 16(b) of the Exchange Act, are the beneficial owners of any Shares in which such persons do not have a pecuniary interest. Each of the Oak Street Reporting Persons and the Kovitz Reporting Persons disclaim any beneficial ownership of the Shares covered by this Schedule 13D that he or it does not directly own.

(1)	Oak Street Reporting Persons.

(a), (b) and (c) As of December 27, 2010, the Oak Street Reporting Persons beneficially owned collectively an aggregate 1,407,666 Shares, including 477,000 Shares underlying outstanding options, constituting approximately 9.0% of the Shares outstanding (the percentage of Shares owned being based upon 15,595,799 Shares outstanding on November 3, 2010, as set forth in the Issuer’s Amendment No. 1 to Form 10-Q for the period ended October 3, 2010, filed with the SEC on November 9, 2010).

As of December 27, 2010, Oak Street SPV beneficially owned 494,424 Shares, constituting approximately 3.2% of the Shares outstanding (the percentage of Shares owned being based upon 15,595,799 Shares outstanding on November 3, 2010, as set forth in the Issuer’s Amendment No. 1 to Form 10-Q for the period ended October 3, 2010, filed with the SEC on November 9, 2010).


CUSIP No. 75689M101		Page 13 of 27

As of December 27, 2010, Oak Street Master beneficially owned 861,334 Shares, including 450,000 Shares underlying outstanding options, constituting approximately 5.5% of the Shares outstanding (the percentage of Shares owned being based upon 15,595,799 Shares outstanding on November 3, 2010, as set forth in the Issuer’s Amendment No. 1 to Form 10-Q for the period ended October 3, 2010, filed with the SEC on November 9, 2010).

As of December 27, 2010, Oak Street Management indirectly beneficially owned 1,372,966 Shares, including (i) the 494,424 Shares beneficially owned by Oak Street SPV; (ii) the 861,334 Shares beneficially owned by Oak Street Master; and (iii) 17,208 Shares beneficially owned by the Oak Street Accounts, constituting approximately 8.8% of the Shares outstanding (the percentage of Shares owned being based upon 15,595,799 Shares outstanding on November 3, 2010, as set forth in the Issuer’s Amendment No. 1 to Form 10-Q for the period ended October 3, 2010, filed with the SEC on November 9, 2010).

As of December 27, 2010, Mr. Makula indirectly beneficially owned the 1,372,966 Shares beneficially owned by Oak Street Management, constituting approximately 8.8% of the Shares outstanding (the percentage of Shares owned being based upon 15,595,799 Shares outstanding on November 3, 2010, as set forth in the Issuer’s Amendment No. 1 to Form 10-Q for the period ended October 3, 2010, filed with the SEC on November 9, 2010).

As of December 27, 2010, Mr. Walsh beneficially owned 34,700 Shares, including 27,000 Shares underlying outstanding options, constituting approximately 0.2% of the Shares outstanding (the percentage of Shares owned being based upon 15,595,799 Shares outstanding on November 3, 2010, as set forth in the Issuer’s Amendment No. 1 to Form 10-Q for the period ended October 3, 2010, filed with the SEC on November 9, 2010).

Oak Street Management is the sole general partner of Oak Street SPV, and accordingly, may be deemed to be the indirect beneficial owner of the Shares that Oak Street SPV beneficially owns. Oak Street Management, as the sole general partner of Oak Street SPV, has the sole power to direct the voting and disposition of the Shares that Oak Street SPV beneficially owns. Mr. Makula is the sole member and sole manager of Oak Street Management and, accordingly, Mr. Makula may be deemed to be the indirect beneficial owner of the Shares that Oak Street Management may be deemed to beneficially own.

Oak Street Management is the sole investment manager of Oak Street Master, and accordingly, may be deemed to be the indirect beneficial owner of the Shares that Oak Street Master beneficially owns. Oak Street Management, as the sole investment manager of Oak Street Master, has the sole power to direct the voting and disposition of the Shares that Oak Street Master beneficially owns. Mr. Makula is the sole member and sole manager of Oak Street Management and, accordingly, Mr. Makula may be deemed to be the indirect beneficial owner of the Shares that Oak Street Management may be deemed to beneficially own. Mr. Makula as the sole member and sole manager of Oak Street Management, has the sole power to direct the disposition of the Shares that Oak Street Management may be deemed to beneficially own.

Oak Street Management is the sole investment manager of the Oak Street Accounts, and accordingly, may be deemed to be the indirect beneficial owner of the Shares held in the Oak Street Accounts, none of which beneficially own more than five percent of the outstanding Shares. Oak Street Management, as the sole investment manager of the Oak Street Accounts, has the sole power to direct the voting and disposition of the Shares held in the Oak Street Accounts. Mr. Makula is the sole member and sole manager of Oak Street Management and, accordingly, Mr. Makula may be deemed to be the indirect beneficial owner of the Shares that Oak Street Management may be deemed to beneficially own. Mr. Makula as the sole member and sole manager of Oak Street Management, has the sole power to direct the disposition of the Shares that Oak Street Management may be deemed to beneficially own.


CUSIP No. 75689M101		Page 14 of 27

Mr. Walsh has the sole voting and dispositive power only with respect to the Shares he directly owns.

Beneficial ownership of the Shares shown on the cover pages of and set forth elsewhere in this Schedule 13D for each member of the Oak Street Reporting Persons assumes that they have not formed a group for purposes of Section 13(d)(3) under the Exchange Act, and Rule 13d-5(b)(1) promulgated thereunder. If the members of the Oak Street Reporting Persons were deemed to have formed a group for purposes of Section 13(d)(3) and Rule 13d-5(b)(1), the group would be deemed to own beneficially (and may be deemed to have shared voting and dispositive power over) 1,407,666 Shares, including 477,000 Shares underlying outstanding options, constituting approximately 9.0% of the outstanding Shares, (the percentage of Shares owned being based upon 15,595,799 Shares outstanding on November 3, 2010, as set forth in the Issuer’s Amendment No. 1 to Form 10-Q for the period ended October 3, 2010, filed with the SEC on November 9, 2010).

The filing of this Schedule 13D and any future amendment by the Oak Street Reporting Persons, and the inclusion of information herein and therein with respect to Oak Street SPV, Oak Street Master, Oak Street Management and Messrs. Makula and Walsh, shall not be considered an admission that any of such persons, for the purpose of Section 16(b) of the Exchange Act, are the beneficial owners of any Shares in which such persons do not have a pecuniary interest. Each of Oak Street SPV, Oak Street Master, Oak Street Management and Messrs. Makula and Walsh disclaims any beneficial ownership of the Shares covered by this Schedule 13D that he or it does not directly own.

Schedule B annexed hereto lists all transactions in securities of the Issuer during the past 60 days by the Oak Street Reporting Persons. Unless otherwise indicated, all of such transactions were effected in the open market.

(d) and (e). Not Applicable.

(2)	Kovitz Reporting Persons.

(a), (b) and (c) As of December 27, 2010, the Kovitz Reporting Persons beneficially owned in the aggregate 483,300 Shares, constituting approximately 3.1% of the outstanding Shares (the percentage of Shares owned being based upon 15,595,799 Shares outstanding on November 3, 2010, as set forth in the Issuer’s Amendment No. 1 to Form 10-Q for the period ended October 3, 2010, filed with the SEC on November 9, 2010).

Kovitz Investment Group may be deemed to be the indirect beneficial owner of the Shares by virtue of its sole investment discretion over and the power to dispose or to direct the disposition of the Shares held in the Kovitz Accounts, none of which beneficially own more than five percent of the outstanding Shares. Kovitz Investment Group does not possess, by agreement or otherwise, the power to vote, or direct the voting of the Shares held in the Kovitz Accounts.

Mr. Kovitz is the Chief Executive Officer and Co-Chief Investment Officer of Kovitz Investment Group, and accordingly, may be deemed to be the indirect beneficial owner of the Shares that Kovitz Investment Group may be deemed to beneficially own. Mr. Kovitz as the Chief Executive Officer and Co-Chief Investment Officer of Kovitz Investment Group, has the shared power to direct the disposition of the Shares that Kovitz Investment Group may be deemed to beneficially own. Mr. Shapiro is the Vice President and Co-Chief Investment Officer of Kovitz Investment Group, and accordingly, may be deemed to be the indirect beneficial owner of the Shares that Kovitz Investment Group may be deemed to beneficially own. Mr. Shapiro as the Vice President and Co-Chief Investment Officer of Kovitz Investment Group, has the shared power to direct the disposition of the Shares that Kovitz Investment Group may be deemed to beneficially own.


CUSIP No. 75689M101		Page 15 of 27

Beneficial ownership of the Shares shown on the cover pages of and set forth elsewhere in this Schedule 13D for each member of the Kovitz Reporting Persons assumes that they have not formed a group for purposes of Section 13(d)(3) under the Exchange Act, and Rule 13d-5(b)(1) promulgated thereunder. If the members of the Kovitz Reporting Persons were deemed to have formed a group for purposes of Section 13(d)(3) and Rule 13d-5(b)(1), the group would be deemed to own beneficially (and may be deemed to have shared dispositive power over) 483,300 Shares, constituting approximately 3.1% of the outstanding Shares (the percentage of Shares owned being based upon 15,595,799 Shares outstanding on November 3, 2010, as set forth in the Issuer’s Amendment No. 1 to Form 10-Q for the period ended October 3, 2010, filed with the SEC on November 9, 2010).

The filing of this Schedule 13D and any future amendment by the Kovitz Reporting Persons, and the inclusion of information herein and therein with respect to Kovitz Investment Group, Mr. Kovitz and Mr. Shapiro, shall not be considered an admission that any of such persons, for the purpose of Section 16(b) of the Exchange Act, are the beneficial owners of any Shares in which such persons do not have a pecuniary interest. Each of Kovitz Investment Group, Mr. Kovitz and Mr. Shapiro disclaims any beneficial ownership of the Shares covered by this Schedule 13D that he or it does not directly own.

Schedule B annexed hereto lists all transactions in securities of the Issuer during the past 60 days by the Kovitz Reporting Persons. Unless otherwise indicated, all of such transactions were effected in the open market.

(d) The Kovitz Accounts have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the respective Shares beneficially owned them.

(e) Not Applicable.

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

Each of the Reporting Persons are a party to a Joint Filing Agreement, dated as of December 10, 2010 (the “13D Joint Filing Agreement”), pursuant to which the parties agreed to jointly file this Schedule 13D and any and all amendments and supplements thereto with the SEC. The 13D Joint Filing Agreement is incorporated by reference as Exhibit 1 hereto and is incorporated herein by reference in its entirety in this response to Item 6. Certain of the Kovitz Accounts have made an investment in Oak Street SPV.

Except for the agreements described above, to the best knowledge of the Reporting Persons, there are no contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Persons, and any other person, with respect to any securities of the Issuer, including, but not limited to, transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option agreements, puts or calls, guarantees of profits, divisions of profits or loss, or the giving or withholding of proxies.

Item 7. Material to be Filed as Exhibits.

The following exhibit is filed as an exhibit hereto:



Exhibit 1		Joint Filing Agreement by and among the Reporting Persons dated December 10, 2010 (incorporated herein by reference from Exhibit 1 to the Schedule 13D related to the common stock, $0.001 par value per share, of the Issuer filed December 10, 2010 by the Reporting Persons with the SEC)


CUSIP No. 75689M101		Page 16 of 27

SIGNATURE

After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this Schedule 13D is true, complete and correct.


Dated: December 29, 2010

OAK STREET CAPITAL SPV 1 LP

By:		Oak Street Capital Management, LLC,
		its General Partner

By:		/s/ David Makula
		David Makula, Manager

OAK STREET CAPITAL MASTER FUND, LTD

By:		Oak Street Capital Management, LLC,
		its Investment Manager

By:		/s/ David Makula
		David Makula, Manager

OAK STREET CAPITAL MANAGEMENT, LLC

By:		/s/ David Makula
		David Makula, Manager

/s/ David Makula
David Makula, Individually

/s/ Patrick Walsh
Patrick Walsh, Individually


CUSIP No. 75689M101		Page 17 of 27

SIGNATURE

After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this Schedule 13D is true, complete and correct.


Dated: December 29, 2010

KOVITZ INVESTMENT GROUP, LLC

By:		/s/ Mitchell A. Kovitz
		Mitchell A. Kovitz, CEO

/s/ Mitchell A. Kovitz
Mitchell A. Kovitz, individually

/s/ Jonathan A. Shapiro
Jonathan A. Shapiro, individually


CUSIP No. 75689M101		Page 18 of 27

SCHEDULE A

Members of Kovitz Investment Group, LLC


Name	Principal Occupation	Principal Business Address	Citizenship

Mitchell A. Kovitz	See Item 2	See Item 2	See Item 2

Marc S. Brenner	President	115 South LaSalle Street, 27^th Floor, Chicago, IL 60603	USA

Jonathan A. Shapiro	See Item 2	See Item 2	See Item 2

Bruce A. Weininger	Vice President	115 South LaSalle Street, 27^th Floor, Chicago, IL 60603	USA

Harold Gianopulos, Jr.	Vice President	115 South LaSalle Street, 27^th Floor, Chicago, IL 60603	USA

Directors of Oak Street Capital Master Fund, Ltd


Name	Principal Occupation	Principal Business Address	Citizenship

Ronan Guilfoyle	Manager of dms Management Ltd., a management company	c/o dms Management Ltd. P.O. Box 31910 dms House, 20 Genesis Close Grand Cayman Cayman Islands KY1-1208	Ireland

Roger H. Hanson	Director of dms Management Ltd., a management company	c/o dms Management Ltd. P.O. Box 31910 dms House, 20 Genesis Close Grand Cayman Cayman Islands KY1-1208	United Kingdom

David Makula	See Item 2	See Item 2	See Item 2


CUSIP No. 75689M101		Page 19 of 27

SCHEDULE B

KOVITZ INVESTMENT GROUP, LLC

COMMON STOCK


Securities Purchased / (Sold)		Price Per Share		Date of Purchase/Sale
	100	$	18.68	12/2/2010
	600	$	18.89	12/2/2010
	400	$	19.01	12/2/2010
	500	$	19.15	12/2/2010
	300	$	19.22	12/2/2010
	300	$	19.23	12/2/2010
	2,500	$	19.25	12/2/2010
	1,000	$	19.27	12/2/2010
	7,200	$	19.28	12/2/2010
	1,000	$	19.29	12/2/2010
	500	$	19.30	12/2/2010
	200	$	19.32	12/2/2010
	15,200	$	19.36	12/2/2010
	1,000	$	19.49	12/2/2010
	1,900	$	19.53	12/2/2010
	3,300	$	19.54	12/2/2010
	500	$	19.28	12/3/2010
	1,000	$	19.33	12/3/2010
	22,700	$	19.71	12/3/2010
	19,000	$	19.82	12/3/2010
	4,574	$	19.98	12/3/2010
	726	$	20.14	12/3/2010
	1,000	$	20.15	12/3/2010
	500	$	20.16	12/3/2010
	500	$	20.06	12/6/2010
	400	$	20.09	12/6/2010
	500	$	20.15	12/6/2010
	1,000	$	20.23	12/6/2010
	1,600	$	20.24	12/6/2010
	32,900	$	20.25	12/6/2010
	500	$	20.26	12/6/2010
	1,300	$	20.45	12/7/2010
	2,100	$	20.48	12/7/2010
	4,500	$	20.49	12/7/2010
	7,300	$	20.50	12/7/2010
	7,500	$	20.51	12/7/2010
	3,000	$	20.52	12/7/2010
	3,000	$	20.54	12/7/2010
	3,000	$	20.55	12/7/2010
	2,300	$	20.56	12/7/2010
	1,000	$	20.57	12/7/2010
	500	$	20.67	12/8/2010
	400	$	20.71	12/8/2010
	7,600	$	20.73	12/8/2010


CUSIP No. 75689M101		Page 20 of 27


40,000		$	20.75	12/8/2010
6,600		$	20.76	12/8/2010
15,800		$	20.77	12/8/2010
4,800		$	20.85	12/8/2010
46,400		$	20.94	12/8/2010
(37,400	)*	$	20.46	12/8/2010
300		$	21.4800	12/21/2010
7,300		$	21.7085	12/21/2010
695		$	21.7500	12/21/2010
1,000		$	21.7700	12/21/2010
1,000		$	21.8200	12/21/2010
1,000		$	21.8300	12/21/2010
8,900		$	21.8373	12/21/2010
1,000		$	21.8491	12/21/2010
2,200		$	21.8500	12/21/2010
2,000		$	21.8600	12/21/2010
1,000		$	21.8670	12/21/2010
11,200		$	21.8700	12/21/2010
1,000		$	21.8795	12/21/2010
1,000		$	21.8800	12/21/2010
2,500		$	21.8840	12/21/2010
400		$	21.8875	12/21/2010
1,900		$	21.8900	12/21/2010
1,000		$	21.8908	12/21/2010
1,000		$	21.8960	12/21/2010
2,500		$	21.8972	12/21/2010
2,500		$	21.8988	12/21/2010
1,000		$	21.8990	12/21/2010
22,700		$	21.9000	12/21/2010
1,000		$	21.9031	12/21/2010
1,000		$	21.9080	12/21/2010
2,500		$	21.9088	12/21/2010
5,400		$	21.9100	12/21/2010
400		$	21.9214	12/21/2010
1,805		$	21.9400	12/21/2010
12,000		$	21.9483	12/21/2010
100		$	21.8800	12/22/2010
1,000		$	21.9100	12/22/2010
600		$	21.9195	12/22/2010
1,000		$	21.9300	12/22/2010
1,000		$	21.9394	12/22/2010
2,000		$	21.9400	12/22/2010
300		$	21.9481	12/22/2010
1,000		$	21.9494	12/22/2010
400		$	21.9495	12/22/2010
2,000		$	21.9500	12/22/2010
2,000		$	21.9594	12/22/2010
400		$	21.9595	12/22/2010
2,000		$	21.9600	12/22/2010
400		$	21.9683	12/22/2010
400		$	21.9691	12/22/2010
700		$	21.9695	12/22/2010


CUSIP No. 75689M101		Page 21 of 27


2,100	$	21.9700	12/22/2010
400	$	21.9781	12/22/2010
2,500	$	21.9880	12/22/2010
1,000	$	21.9892	12/22/2010
2,000	$	21.9894	12/22/2010
1,500	$	21.9900	12/22/2010
100	$	21.9981	12/22/2010
300	$	22.0000	12/22/2010
1,100	$	22.0100	12/22/2010
1,000	$	22.0280	12/22/2010
1,300	$	22.0300	12/22/2010
1,000	$	22.0496	12/22/2010
1,000	$	22.0500	12/22/2010
1,000	$	22.0520	12/22/2010
1,000	$	22.0595	12/22/2010
1,000	$	22.0606	12/22/2010
1,000	$	22.0680	12/22/2010
1,000	$	22.0688	12/22/2010
500	$	22.0734	12/22/2010
1,000	$	22.0900	12/22/2010
1,000	$	22.1000	12/22/2010
1,000	$	22.1029	12/22/2010
900	$	22.1300	12/22/2010
100	$	21.6500	12/23/2010
500	$	21.6660	12/23/2010
500	$	21.6700	12/23/2010
500	$	21.6736	12/23/2010
2,500	$	21.6748	12/23/2010
2,000	$	21.6800	12/23/2010
500	$	21.6820	12/23/2010
500	$	21.6840	12/23/2010
500	$	21.6870	12/23/2010
1,000	$	21.6900	12/23/2010
500	$	21.7000	12/23/2010
1,000	$	21.7025	12/23/2010
400	$	21.7050	12/23/2010
2,000	$	21.7100	12/23/2010
1,000	$	21.7110	12/23/2010
1,000	$	21.7140	12/23/2010
1,000	$	21.7164	12/23/2010
1,000	$	21.7175	12/23/2010
1,000	$	21.7176	12/23/2010
1,000	$	21.7185	12/23/2010
1,000	$	21.7190	12/23/2010
1,000	$	21.7195	12/23/2010
5,000	$	21.7200	12/23/2010
2,500	$	21.7250	12/23/2010
500	$	21.7260	12/23/2010
1,000	$	21.7265	12/23/2010
1,000	$	21.7270	12/23/2010
1,000	$	21.7285	12/23/2010
1,000	$	21.7286	12/23/2010


CUSIP No. 75689M101		Page 22 of 27


3,000	$	21.7300	12/23/2010
500	$	21.7320	12/23/2010
500	$	21.7370	12/23/2010
2,100	$	21.7400	12/23/2010
2,500	$	21.7467	12/23/2010
1,000	$	21.7600	12/23/2010
1,000	$	21.7790	12/23/2010
500	$	21.7900	12/23/2010
2,000	$	21.8000	12/23/2010
1,000	$	21.8100	12/23/2010
4,500	$	21.8170	12/23/2010
500	$	21.8178	12/23/2010
1,000	$	21.8185	12/23/2010
1,000	$	21.8200	12/23/2010
1,000	$	21.8243	12/23/2010
500	$	21.8270	12/23/2010
500	$	21.8280	12/23/2010
3,500	$	21.8300	12/23/2010
500	$	21.8394	12/23/2010
500	$	21.8450	12/23/2010
1,000	$	21.8490	12/23/2010
600	$	21.8570	12/23/2010
1,500	$	21.8650	12/23/2010
500	$	21.8670	12/23/2010
400	$	21.8703	12/23/2010
400	$	21.8720	12/23/2010
1,500	$	21.8780	12/23/2010
1,000	$	21.8900	12/23/2010
1,000	$	21.9300	12/23/2010
1,000	$	21.9370	12/23/2010
1,000	$	21.9390	12/23/2010
1,000	$	21.9400	12/23/2010
1,000	$	21.9490	12/23/2010
1,000	$	21.9500	12/23/2010
1,000	$	21.9599	12/23/2010
1,000	$	21.9600	12/23/2010
1,000	$	21.9800	12/23/2010
2,000	$	21.9900	12/23/2010
2,000	$	22.0500	12/23/2010
1,000	$	21.4500	12/27/2010
400	$	21.6000	12/27/2010
1,300	$	21.7800	12/27/2010
300	$	21.8014	12/27/2010
1,000	$	21.8202	12/27/2010
600	$	21.8683	12/27/2010
500	$	21.8700	12/27/2010
1,000	$	21.8869	12/27/2010
1,000	$	21.8895	12/27/2010
700	$	21.8930	12/27/2010
500	$	21.8950	12/27/2010
1,150	$	21.9000	12/27/2010
700	$	21.9079	12/27/2010


CUSIP No. 75689M101		Page 23 of 27


600	$	21.9083	12/27/2010
200	$	21.9100	12/27/2010
650	$	21.9154	12/27/2010
200	$	21.9200	12/27/2010
1,000	$	21.9430	12/27/2010
200	$	21.9450	12/27/2010
500	$	21.9460	12/27/2010
1,500	$	21.9550	12/27/2010
1,000	$	21.9600	12/27/2010
500	$	21.9750	12/27/2010
500	$	21.9800	12/27/2010
4,000	$	21.9953	12/27/2010

*	Shares contributed by certain Kovitz Accounts to Oak Street SPV.


CUSIP No. 75689M101		Page 24 of 27

OAK STREET CAPITAL MANAGEMENT, LLC

(SECURITIES DIRECTLY HELD BY THE OAK STREET ACCOUNTS)

COMMON STOCK


Securities Purchased / (Sold)		Price Per Share		Date of Purchase/Sale
	1,400	$	20.84	10/27/2010
	1,000	$	20.37	11/1/2010
	840	$	19.87	11/2/2010
	26	$	19.89	11/4/2010
	560	$	21.8052	12/21/2010

OAK STREET CAPITAL MASTER FUND, LTD

COMMON STOCK


Securities Purchased / (Sold)		Price Per Share		Date of Purchase/Sale
	33,600	$	20.84	10/27/2010
	24,000	$	20.37	11/1/2010
	20,160	$	19.87	11/2/2010
	624	$	19.89	11/4/2010
	108,840	$	17.64	11/5/2010
	(100,000)	$	20.64	12/8/2010
	13,440	$	21.8052	12/21/2010


CUSIP No. 75689M101		Page 25 of 27

OAK STREET CAPITAL SPV 1 LP

COMMON STOCK


Securities Purchased / (Sold)		Price Per Share		Date of Purchase/Sale
	25,500	$	18.56	11/23/2010
	20,222	$	18.88	11/24/2010
	3,392	$	18.89	11/26/2010
	28,500	$	18.87	11/29/2010
	15,000	$	18.56	11/30/2010
	154,800	$	18.55	12/1/2010
	13,400	$	19.28	12/2/2010
	22,210	$	19.98	12/3/2010
	20,400	$	20.41	12/7/2010
	100,000	$	20.64	12/8/2010
	37,400*	$	20.46	12/8/2010
	42,600**	$	17.50	12/17/2010
	11,000	$	21.8052	12/21/2010

*Shares contributed by certain Kovitz Accounts to Oak Street SPV.

** Shares acquired upon the exercise of 426 call options for 42,600 underlying Shares on 12/17/2010.

OPTIONS

Number of Share Underlying

Securities Purchased / (Sold)

Strike Price

Date of Purchase/Sale

Expiration Date

42,600

***

17.50

12/2/2010

12/18/2010

*** Four hundred twenty-six (426) call options for 42,600 underlying Shares were exercised on 12/17/2010.


CUSIP No. 75689M101		Page 26 of 27

PATRICK WALSH

COMMON STOCK


Securities Purchased / (Sold)		Price Per Share		Date of Purchase/Sale
	7,200	$	18.62	11/5/2010
	500	$	17.91	11/16/2010

OPTIONS


Number of Share Underlying Securities Purchased / (Sold)		Strike Price		Date of Purchase/Sale	Expiration Date
	10,000	$	20.00	11/9/2010	3/19/2011
	3,000	$	20.00	11/12/2010	3/19/2011
	2,000	$	20.00	11/16/2010	3/19/2011
	7,000	$	20.00	11/22/2010	3/19/2011
	5,000	$	15.00	11/26/2010	3/19/2011


CUSIP No. 75689M101		Page 27 of 27

EXHIBIT INDEX


Exhibit 1		Joint Filing Agreement by and among the Reporting Persons dated December 10, 2010 (incorporated herein by reference from Exhibit 1 to the Schedule 13D related to the common stock, $0.001 par value per share, of the Issuer filed December 10, 2010 by the Reporting Persons with the SEC)