1、Table of Contents UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington,D.C.20549 FORM 11-K (Mark One)xAnnual report pursuant to Section 15(d)of the Securities Exchange Act of 1934For the fiscal year ended December 31,2011Or Transition report pursuant to Section 15(d)of the Securities Exchange A
2、ct of 1934For the transition period from to Commission file number 1-8951 A.Full title of the plan and the address of the plan,if different from that of the issuer named below:M.D.C.HOLDINGS,INC.401(k)Savings Plan B.Name of issuer of the securities held pursuant to the plan and the address of its pr
3、incipal executive office:M.D.C.HOLDINGS,INC.4350 South Monaco StreetDenver,CO 80237 Table of ContentsM.D.C.Holdings,Inc.401(k)Savings PlanTable of Contents Page No.(a)Financial Statements and Supplemental Schedules Report of Independent Registered Public Accounting Firm 1 Statements of Net Assets Av
4、ailable for Benefits as of December 31,2011 and 2010 2 Statement of Changes in Net Assets Available for Benefits for the year ended December 31,2011 3 Notes to Financial Statements 4-10 Supplemental Schedules 11 Schedule H,Line 4i Schedule of Assets(Held at End of Year)12 Signature 13 Table of Conte
5、ntsReport of Independent Registered Public Accounting FirmBoard of DirectorsM.D.C.Holdings,Inc.Denver,ColoradoWe have audited the accompanying statements of net assets available for benefits of M.D.C.Holdings,Inc.401(k)Savings Plan(Plan)as of December 31,2011 and 2010,and the related statement of ch
6、anges in net assets available for benefits for the year ended December 31,2011.These financial statements arethe responsibility of the Plans management.Our responsibility is to express an opinion on these financial statements based on our audits.We conducted our audits in accordance with the standar