United States
Security and Exchange Commission
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Act of 1934
(Amendment No.__1____ )*
GARAN, INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
364802108
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(CUSIP Number)
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CUSIP No. 364802108 13G
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1 NAME OF REPORTING PERSON
S.S. OR IRS IDENTIFICATION NO. OF ABOVE PERSON
DePrince, Race & Zollo, Inc.
59-3299598
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) x
(b)
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Incorporated in the State of Florida
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5 SOLE VOTING POWER
NUMBER OF 235,300
SHARES
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY none
EACH
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REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 235,300
WITH
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8 SHARED DISPOSITIVE POWER
none
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
$5,088,362.50
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
No
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.4%
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12 TYPE OF REPORTING PERSON*
IA
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SCHEDULE 13 G
ITEM 1.
(a) Garan, Inc.
(b) 350 Fifth Avenue
New York, NY 10018
ITEM 2.
(a) DePrince, Race & Zollo, Inc.
(b) 201 S. Orange Ave, Suite 850
Orlando, FL 32801
(c) USA
(d) common stock
(e) 364802108
ITEM 3.
(e) X
ITEM 4. OWNERSHIP
a.) $5,088,362.50
b.) 4.4%
c.)(i) 235,300
(iii) 235,300
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
X
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
N/A
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
N/A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
N/A
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
N/A
