(3) GOODWILL

The Company’s goodwill balance was $1,210.6 million and $1,214.5 million as of September 30, 2016 and June 30, 2016, respectively.

The Company’s reporting units are comprised of its strategic product groups (“SPGs”): Zayo Dark Fiber (“Dark Fiber”), Zayo Wavelength Services (“Waves”), Zayo SONET Services (“SONET”), Zayo Ethernet Services (“Ethernet”), Zayo IP Services (“IP”), Zayo Mobile Infrastructure Group (“MIG”), Zayo Colocation (“zColo"), Zayo Cloud Services (“Cloud”), Allstream business (“Zayo Canada”) and Other (primarily ZPS).

The following reflects the changes in the carrying amount of goodwill during the three months ended September 30, 2016:


Product Group	As of June 30, 2016		Foreign Currency Translation and Other		As of September 30, 2016
	(in millions)
Dark Fiber	$	295.1	$	(2.6)	$	292.5
Waves		258.3		(1.2)		257.1
Sonet		51.3		—		51.3
Ethernet		104.3		—		104.3
IP		87.5		—		87.5
MIG		73.6		—		73.6
zColo		268.8		—		268.8
Cloud		60.0		—		60.0
Other		15.6		(0.1)		15.5
Total	$	1,214.5	$	(3.9)	$	1,210.6